Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Total Assets

: $5,161 Mil (As of Dec. 2023)

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Controladora Vuela Compania de AviacionB de CV's Total Assets for the quarter that ended in Dec. 2023 was $5,161 Mil.

During the past 12 months, Controladora Vuela Compania de AviacionB de CV's average Total Assets Growth Rate was 2.10% per year. During the past 3 years, the average Total Assets Growth Rate was 9.10% per year. During the past 5 years, the average Total Assets Growth Rate was 8.50% per year. During the past 10 years, the average Total Assets Growth Rate was 32.30% per year.

During the past 13 years, Controladora Vuela Compania de AviacionB de CV's highest 3-Year average Total Assets Growth Rate was 77.80%. The lowest was 9.10%. And the median was 22.25%.

Total Assets is connected with ROA %. Controladora Vuela Compania de AviacionB de CV's annualized ROA % for the quarter that ended in Dec. 2023 was 8.81%. Total Assets is also linked to Revenue through Asset Turnover. Controladora Vuela Compania de AviacionB de CV's Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.

Controladora Vuela Compania de AviacionB de CV Total Assets Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Controladora Vuela Compania de AviacionB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

3,342.05

3,418.22

3,984.57

4,467.65

5,161.00

Controladora Vuela Compania de AviacionB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets																4,467.65	4,665.00	4,789.00	5,009.00	5,161.00

Controladora Vuela Compania de AviacionB de CV Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Controladora Vuela Compania de AviacionB de CV's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	243	+	4918
	=	5,161

Controladora Vuela Compania de AviacionB de CV's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	243	+	4918
	=	5,161

Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Total Assets Explanation

Total Assets is connected with ROA %.

Controladora Vuela Compania de AviacionB de CV's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	448	/	( (5009	+	5161)	/ 2 )
	=	448	/	5085
	=	8.81 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Controladora Vuela Compania de AviacionB de CV's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	899	/	( (5009	+	5161)	/ 2 )
=	899	/	5085
=	0.18

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Controladora Vuela Compania de AviacionB de CV Total Assets Related Terms

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Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Controladora Vuela Compania de Aviacion SAB de CV (NYSE:VLRS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

VOLARA:Mexico 2CDA:Germany

Address

Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210

Website

https://www.volaris.com

Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.