Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Debt-to-Equity : 14.65 (As of Dec. 2023)

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What is Controladora Vuela Compania de AviacionB de CV Debt-to-Equity?

Controladora Vuela Compania de AviacionB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $593 Mil. Controladora Vuela Compania de AviacionB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,966 Mil. Controladora Vuela Compania de AviacionB de CV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $243 Mil. Controladora Vuela Compania de AviacionB de CV's debt to equity for the quarter that ended in Dec. 2023 was 14.65.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Controladora Vuela Compania de AviacionB de CV's Debt-to-Equity or its related term are showing as below:

VLRS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 9.05 Max: 17.7
Current: 14.65

During the past 13 years, the highest Debt-to-Equity Ratio of Controladora Vuela Compania de AviacionB de CV was 17.70. The lowest was 0.19. And the median was 9.05.

VLRS's Debt-to-Equity is ranked worse than
98.42% of 885 companies
in the Transportation industry
Industry Median: 0.55 vs VLRS: 14.65

Controladora Vuela Compania de AviacionB de CV Debt-to-Equity Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV's Debt-to-Equity 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 Debt-to-Equity Chart

Controladora Vuela Compania de AviacionB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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8.23

17.70

8.68

12.70

14.65

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
Debt-to-Equity	Get a 7-Day Free Trial															12.70	18.61	18.27	25.89	14.65

Competitive Comparison of Controladora Vuela Compania de AviacionB de CV's Debt-to-Equity

For the Airlines subindustry, Controladora Vuela Compania de AviacionB de CV's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Controladora Vuela Compania de AviacionB de CV's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Controladora Vuela Compania de AviacionB de CV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Controladora Vuela Compania de AviacionB de CV's Debt-to-Equity falls into.

Controladora Vuela Compania de AviacionB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Controladora Vuela Compania de AviacionB de CV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(593	+	2966)	/	243
	=	14.65

Controladora Vuela Compania de AviacionB de CV's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(593	+	2966)	/	243
	=	14.65

Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Controladora Vuela Compania de AviacionB de CV Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Controladora Vuela Compania de AviacionB de CV's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

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 » Debt-to-Equity

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.