Volaris Property Plant And Equipment Net vs Short Term Investments 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 Property Plant And Equipment Net 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 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.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Volaris Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Volaris' Property Plant And Equipment Net and Short Term Investments is -0.22. Overlapping area represents the amount of variation of Property Plant And Equipment Net 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' Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net i.e., Volaris' Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 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 Expense138.4M193M218.8M229.7M
Depreciation And Amortization326.4M417.9M496.3M521.1M

Volaris fundamental ratios Correlations

0.52-0.130.480.51-0.10.510.740.52-0.40.070.660.530.240.640.340.63-0.320.530.420.230.690.520.50.580.51
0.520.120.31.00.050.990.890.98-0.490.540.861.00.60.850.930.66-0.180.990.740.830.671.00.310.860.99
-0.130.12-0.120.070.250.130.050.10.270.430.10.130.280.10.11-0.33-0.150.110.470.050.00.1-0.080.10.07
0.480.3-0.120.35-0.030.280.450.27-0.33-0.50.390.290.020.370.270.44-0.20.280.150.180.420.30.130.340.29
0.511.00.070.350.050.980.890.97-0.490.480.860.990.580.850.940.68-0.170.990.720.840.660.990.290.860.99
-0.10.050.25-0.030.05-0.060.0-0.160.780.340.3-0.020.370.320.14-0.540.4-0.060.530.430.24-0.03-0.30.31-0.03
0.510.990.130.280.98-0.060.880.99-0.570.530.821.00.560.810.910.69-0.221.00.690.770.641.00.330.820.99
0.740.890.050.450.890.00.880.87-0.480.440.940.890.610.930.790.67-0.220.880.740.660.760.890.410.930.87
0.520.980.10.270.97-0.160.990.87-0.640.490.780.990.520.770.890.74-0.251.00.630.730.610.990.380.770.99
-0.4-0.490.27-0.33-0.490.78-0.57-0.48-0.640.15-0.2-0.540.07-0.18-0.37-0.790.35-0.570.1-0.05-0.25-0.55-0.44-0.18-0.54
0.070.540.43-0.50.480.340.530.440.490.150.550.530.670.560.54-0.030.060.520.710.550.280.510.00.590.5
0.660.860.10.390.860.30.820.940.78-0.20.550.840.651.00.770.48-0.110.820.850.770.80.830.240.990.83
0.531.00.130.290.99-0.021.00.890.99-0.540.530.840.580.830.920.68-0.21.00.710.790.651.00.330.830.99
0.240.60.280.020.580.370.560.610.520.070.670.650.580.660.650.080.220.560.770.640.520.570.320.70.54
0.640.850.10.370.850.320.810.930.77-0.180.561.00.830.660.770.47-0.10.810.850.780.80.830.230.990.82
0.340.930.110.270.940.140.910.790.89-0.370.540.770.920.650.770.56-0.110.910.710.840.530.920.130.810.9
0.630.66-0.330.440.68-0.540.690.670.74-0.79-0.030.480.680.080.470.56-0.450.710.160.390.350.70.450.460.7
-0.32-0.18-0.15-0.2-0.170.4-0.22-0.22-0.250.350.06-0.11-0.20.22-0.1-0.11-0.45-0.220.020.11-0.01-0.21-0.22-0.08-0.19
0.530.990.110.280.99-0.061.00.881.0-0.570.520.821.00.560.810.910.71-0.220.680.770.641.00.340.820.99
0.420.740.470.150.720.530.690.740.630.10.710.850.710.770.850.710.160.020.680.760.630.690.20.860.69
0.230.830.050.180.840.430.770.660.73-0.050.550.770.790.640.780.840.390.110.770.760.560.80.160.80.81
0.690.670.00.420.660.240.640.760.61-0.250.280.80.650.520.80.530.35-0.010.640.630.560.640.430.760.65
0.521.00.10.30.99-0.031.00.890.99-0.550.510.831.00.570.830.920.7-0.211.00.690.80.640.330.830.99
0.50.31-0.080.130.29-0.30.330.410.38-0.440.00.240.330.320.230.130.45-0.220.340.20.160.430.330.210.34
0.580.860.10.340.860.310.820.930.77-0.180.590.990.830.70.990.810.46-0.080.820.860.80.760.830.210.82
0.510.990.070.290.99-0.030.990.870.99-0.540.50.830.990.540.820.90.7-0.190.990.690.810.650.990.340.82
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Volaris Account Relationship Matchups

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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.