Volaris Inventory vs Short Term Investments Analysis
VLRS Stock | USD 8.33 0.01 0.12% |
Volaris financial indicator trend analysis is much more than just breaking down Volaris prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Volaris is a good investment. Please check the relationship between Volaris Inventory and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volaris. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Volaris Stock please use our How to Invest in Volaris guide.
Inventory vs Short Term Investments
Inventory vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Volaris Inventory account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Volaris' Inventory and Short Term Investments is 0.12. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Volaris, assuming nothing else is changed. The correlation between historical values of Volaris' Inventory and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Volaris are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Inventory i.e., Volaris' Inventory and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Inventory
Short Term Investments
Short Term Investments is an item under the current assets section of Volaris balance sheet. It contains any investments Volaris undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Volaris can easily liquidate in the marketplace.Most indicators from Volaris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Volaris current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volaris. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Volaris Stock please use our How to Invest in Volaris guide.At this time, Volaris' Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 41.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 99.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 138.4M | 193M | 219M | 230.0M | Depreciation And Amortization | 323.6M | 23M | 38M | 36.1M |
Volaris fundamental ratios Correlations
Click cells to compare fundamentals
Volaris Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Volaris fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.3B | 3.4B | 4.0B | 4.5B | 5.2B | 5.4B | |
Short Long Term Debt Total | 2.2B | 2.5B | 2.7B | 3.0B | 3.6B | 3.7B | |
Other Current Liab | (32.2M) | 241.7M | 350.1M | 417M | 435M | 456.8M | |
Total Current Liabilities | 916.1M | 1.1B | 1.3B | 1.4B | 1.6B | 1.7B | |
Total Stockholder Equity | 287.7M | 140.5M | 319.2M | 277M | 243M | 331.0M | |
Property Plant And Equipment Net | 2.2B | 2.1B | 2.4B | 2.7B | 3.2B | 3.3B | |
Current Deferred Revenue | 196.2M | 294.1M | 305.7M | 346M | 343M | 194.8M | |
Net Debt | 1.8B | 2.0B | 2.0B | 2.3B | 2.8B | 2.9B | |
Retained Earnings | 18.9M | (193.8M) | (84.8M) | (106M) | (148M) | (140.6M) | |
Accounts Payable | 392.7M | 114.2M | 119.4M | 210M | 250M | 151.4M | |
Cash | 421.4M | 507.8M | 745.4M | 705.0M | 761.2M | 412.1M | |
Non Current Assets Total | 2.7B | 2.7B | 3.0B | 3.5B | 3.9B | 4.1B | |
Non Currrent Assets Other | 419.8M | 445.8M | 25.8M | 521M | 39M | 37.1M | |
Cash And Short Term Investments | 428.4M | 507.8M | 745.4M | 705.0M | 776.2M | 418.7M | |
Net Receivables | 122.5M | 121.5M | 106.7M | 240M | 251M | 263.6M | |
Short Term Investments | 3.2M | 7.1M | 10.4K | 15M | 13.5M | 11.0M | |
Liabilities And Stockholders Equity | 3.3B | 3.4B | 4.0B | 4.5B | 5.2B | 5.4B | |
Non Current Liabilities Total | 2.1B | 2.2B | 2.4B | 2.8B | 3.3B | 3.5B | |
Inventory | 15.9M | 14.0M | 14.5M | 15.8M | 16.1M | 13.5M | |
Other Current Assets | 72.9M | 82.1M | 119.7M | 34.4M | 43.7M | 64.1M | |
Other Stockholder Equity | 90.3M | 226.0M | 221.4M | 270M | 310.5M | 326.0M | |
Total Liab | 3.1B | 3.3B | 3.7B | 4.2B | 4.9B | 5.2B | |
Property Plant And Equipment Gross | 2.2B | 41.6B | 2.4B | 2.7B | 3.2B | 5.5B | |
Total Current Assets | 639.8M | 725.5M | 986.2M | 1.1B | 1.2B | 634.1M | |
Accumulated Other Comprehensive Income | 21.5M | (63.9M) | 15.1M | (135M) | (127M) | (120.7M) | |
Short Term Debt | 359.4M | 421.9M | 483.5M | 448M | 593M | 622.7M | |
Intangible Assets | 8.8M | 9.6M | 12.7M | 13M | 16M | 9.3M | |
Common Stock | 157.0M | 172.2M | 167.4M | 248M | 285.2M | 200.3M | |
Other Liab | 1.8B | 3.0B | 3.8B | 285M | 327.8M | 311.4M | |
Long Term Debt | 2.9B | 3.8B | 2.2B | 161M | 433M | 411.4M | |
Property Plant Equipment | 37.0B | 41.6B | 48.8B | 2.7B | 3.1B | 2.9B | |
Short Long Term Debt | 2.1B | 1.6B | 4.1B | 112M | 220M | 209M | |
Net Tangible Assets | 5.4B | 2.6B | 6.3B | 264M | 237.6M | 225.7M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Volaris in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Volaris' short interest history, or implied volatility extrapolated from Volaris options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volaris. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Volaris Stock please use our How to Invest in Volaris guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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Is Volaris' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Volaris. If investors know Volaris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Volaris listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Earnings Share 0.98 | Revenue Per Share 28.6 | Quarterly Revenue Growth 0.05 | Return On Assets 0.0445 |
The market value of Volaris is measured differently than its book value, which is the value of Volaris that is recorded on the company's balance sheet. Investors also form their own opinion of Volaris' value that differs from its market value or its book value, called intrinsic value, which is Volaris' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Volaris' market value can be influenced by many factors that don't directly affect Volaris' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Volaris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Volaris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volaris' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.