Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Goodwill-to-Asset

: 0.00 (As of Mar. 2023)

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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Controladora Vuela Compania de AviacionB de CV's Goodwill for the quarter that ended in Mar. 2023 was $0 Mil. Controladora Vuela Compania de AviacionB de CV's Total Assets for the quarter that ended in Mar. 2023 was $4,665 Mil. Therefore, Controladora Vuela Compania de AviacionB de CV's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 was 0.00.

Controladora Vuela Compania de AviacionB de CV Goodwill-to-Asset Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV's Goodwill-to-Asset 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.

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Controladora Vuela Compania de AviacionB de CV Annual Data

Trend

Dec13

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Dec17

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Dec20

Dec21

Dec22

Goodwill-to-Asset

Controladora Vuela Compania de AviacionB de CV Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Goodwill-to-Asset																-	-	-	-	-

Competitive Comparison

For the Airlines subindustry, Controladora Vuela Compania de AviacionB de CV's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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.

Annual Data Quarterly Data

Controladora Vuela Compania de AviacionB de CV Goodwill-to-Asset Distribution

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

* The bar in red indicates where Controladora Vuela Compania de AviacionB de CV's Goodwill-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Goodwill-to-Asset's extreme value range as defined by GuruFocus.

Controladora Vuela Compania de AviacionB de CV Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Controladora Vuela Compania de AviacionB de CV's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )	=	Goodwill	/	Total Assets
	=	0	/	4467.653
	=	0.00

Controladora Vuela Compania de AviacionB de CV's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Goodwill to Asset (Q: Mar. 2023 )	=	Goodwill	/	Total Assets
	=	0	/	4665
	=	0.00

Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.

Controladora Vuela Compania de AviacionB de CV Goodwill-to-Asset Related Terms

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Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Controladora Vuela Compania de Aviacion SAB de CV (NYSE:VLRS) » Definitions » Goodwill-to-Asset

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.