Volaris Accounts Payable vs Net Working Capital Analysis
VLRS Stock | USD 7.63 0.13 1.68% |
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 Accounts Payable and its Net Working Capital 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 closely tied 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.
Accounts Payable vs Net Working Capital
Accounts Payable vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Volaris Accounts Payable account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Volaris' Accounts Payable and Net Working Capital is -0.4. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Volaris, assuming nothing else is changed. The correlation between historical values of Volaris' Accounts Payable and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Volaris are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Accounts Payable i.e., Volaris' Accounts Payable and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Volaris obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Volaris are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Working Capital
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 closely tied 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.Enterprise Value is likely to gain to about 4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 98.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 138.4M | 193M | 218.8M | 229.7M | Depreciation And Amortization | 326.4M | 417.9M | 496.3M | 521.1M |
Volaris fundamental ratios Correlations
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Volaris Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Volaris Stock Analysis
When running Volaris' price analysis, check to measure Volaris' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Volaris is operating at the current time. Most of Volaris' value examination focuses on studying past and present price action to predict the probability of Volaris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volaris' price. Additionally, you may evaluate how the addition of Volaris to your portfolios can decrease your overall portfolio volatility.