Controladora Vuela Compañía de Aviación. de Balance Sheet Health
Financial Health criteria checks 2/6
Controladora Vuela Compañía de Aviación. de has a total shareholder equity of $277.0M and total debt of $642.0M, which brings its debt-to-equity ratio to 231.8%. Its total assets and total liabilities are $5.4B and $5.1B respectively. Controladora Vuela Compañía de Aviación. de's EBIT is $358.0M making its interest coverage ratio 2. It has cash and short-term investments of $768.0M.
Key information
231.8%
Debt to equity ratio
US$642.00m
Debt
| Interest coverage ratio | 2x |
| Cash | US$768.00m |
| Equity | US$277.00m |
| Total liabilities | US$5.10b |
| Total assets | US$5.38b |
Recent financial health updates
No updates
Recent updates
Key Factors Driving Volaris' Success In The Aviation Market
Apr 27Volaris Stock Surges: What's Next?
Jan 29Volaris Stock Beaten Down As It Navigates Through GTF Challenges
Oct 30Volaris: Engine Recall Opportunity
Oct 04Volaris Stock: Creating Potential For A Rewarding Investment Opportunity
Sep 21Volaris: 'V' Is For Valuable, And Volatile
Jul 12Controladora Vuela Compañía de Aviación, S.A.B. de C.V. reports Q4 earnings; issues FY23 guidance
Feb 22Volaris reports strong traffic growth in January
Feb 06Volaris reports airline traffic results for November
Dec 06Volaris Stock: 2022 Fear Has Created A Huge Buying Opportunity
Nov 03Controladora Vuela Compañía de Aviación, S.A.B. de C.V. reports Q3 mixed earnings; updates FY22 guidance
Oct 25Volaris reports 25% Y/Y demand growth with 87% load factor
Oct 05Volaris reports 20% increase in August's traffic demand
Sep 05Volaris reports 22% increase in July's traffic demand
Aug 08Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Q2 mixed results, raises FY22 revenue guidance
Jul 22Volaris traffic grows 10.9% in June
Jul 06Volaris: My Favorite Airline, But I Prefer The Airports
Jun 02Volaris: Best-Performing Airline In 2021, And Still Significantly Undervalued
Jan 03Volaris: Don't Miss The Forest For The Trees
Dec 20Volaris: A Fast-Growing Airline, At A Reasonable Price
Sep 13Volaris traffic grew 4.6% vs. April 2019
May 06Strong Year End Performance Has The New Year Looking Good For Volaris
Jan 08Volaris' December traffic fell 9.3% Y/Y, +9.8% M/M
Jan 06Volaris reports 98% ASM for November 2020
Dec 02Volaris: Against All Odds, This Airline Is Now Up Year To Date
Nov 18Financial Position Analysis
Short Term Liabilities: VLRS's short term assets ($1.3B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: VLRS's short term assets ($1.3B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: VLRS has more cash than its total debt.
Reducing Debt: VLRS's debt to equity ratio has increased from 84.2% to 231.8% over the past 5 years.
Debt Coverage: VLRS's debt is well covered by operating cash flow (119.5%).
Interest Coverage: VLRS's interest payments on its debt are not well covered by EBIT (2x coverage).