EasyJet Common Stock Total Equity vs Cash Analysis

EZJ Stock   571.60  1.80  0.31%   
EasyJet PLC financial indicator trend analysis is much more than just examining EasyJet PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EasyJet PLC is a good investment. Please check the relationship between EasyJet PLC Common Stock Total Equity and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EasyJet PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Common Stock Total Equity vs Cash

Common Stock Total Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EasyJet PLC Common Stock Total Equity account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EasyJet PLC's Common Stock Total Equity and Cash is 0.59. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of EasyJet PLC, assuming nothing else is changed. The correlation between historical values of EasyJet PLC's Common Stock Total Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of EasyJet PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., EasyJet PLC's Common Stock Total Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash

Cash refers to the most liquid asset of EasyJet PLC, which is listed under current asset account on EasyJet PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from EasyJet PLC customers. The amounts must be unrestricted with restricted cash listed in a different EasyJet PLC account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from EasyJet PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EasyJet PLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EasyJet PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
At present, EasyJet PLC's Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense143M179M132M138.6M
Depreciation And Amortization564M673M770M808.5M

EasyJet PLC fundamental ratios Correlations

0.880.820.950.590.970.840.730.70.70.970.390.950.780.430.880.850.90.980.970.950.470.820.810.82-0.22
0.880.70.840.290.810.680.730.520.870.830.570.950.620.30.980.740.90.940.870.920.660.960.80.53-0.56
0.820.70.910.350.780.720.540.650.570.790.570.780.620.430.720.830.830.840.870.820.60.580.720.59-0.37
0.950.840.910.430.920.820.760.760.620.930.520.90.710.490.830.830.860.960.950.910.610.780.750.74-0.29
0.590.290.350.430.630.460.080.170.360.63-0.370.40.78-0.150.260.420.360.440.470.43-0.220.280.560.770.44
0.970.810.780.920.630.820.710.650.621.00.250.850.760.390.790.740.770.930.90.850.370.770.690.88-0.05
0.840.680.720.820.460.820.680.730.450.810.290.770.440.470.680.760.730.820.870.80.240.590.60.8-0.16
0.730.730.540.760.080.710.680.870.290.710.630.740.390.610.750.60.660.780.770.710.530.710.480.49-0.31
0.70.520.650.760.170.650.730.870.10.660.60.680.390.730.60.710.650.70.790.70.370.440.470.55-0.19
0.70.870.570.620.360.620.450.290.10.630.330.790.59-0.060.830.590.770.750.640.760.540.830.780.38-0.56
0.970.830.790.930.631.00.810.710.660.630.280.860.770.40.80.760.790.940.910.860.40.780.710.87-0.07
0.390.570.570.52-0.370.250.290.630.60.330.280.580.150.470.650.520.630.520.530.560.770.490.46-0.11-0.81
0.950.950.780.90.40.850.770.740.680.790.860.580.690.430.970.850.970.970.960.990.60.880.860.62-0.49
0.780.620.620.710.780.760.440.390.390.590.770.150.69-0.010.590.560.660.710.680.680.370.620.810.630.03
0.430.30.430.49-0.150.390.470.610.73-0.060.40.470.43-0.010.370.460.420.430.520.440.260.230.010.31-0.11
0.880.980.720.830.260.790.680.750.60.830.80.650.970.590.370.80.940.940.890.950.650.910.820.5-0.61
0.850.740.830.830.420.740.760.60.710.590.760.520.850.560.460.80.890.850.910.910.410.590.780.65-0.41
0.90.90.830.860.360.770.730.660.650.770.790.630.970.660.420.940.890.930.940.980.620.790.890.54-0.57
0.980.940.840.960.440.930.820.780.70.750.940.520.970.710.430.940.850.930.970.970.590.880.820.72-0.38
0.970.870.870.950.470.90.870.770.790.640.910.530.960.680.520.890.910.940.970.970.510.760.820.74-0.35
0.950.920.820.910.430.850.80.710.70.760.860.560.990.680.440.950.910.980.970.970.560.830.870.65-0.47
0.470.660.60.61-0.220.370.240.530.370.540.40.770.60.370.260.650.410.620.590.510.560.670.510.02-0.68
0.820.960.580.780.280.770.590.710.440.830.780.490.880.620.230.910.590.790.880.760.830.670.710.5-0.46
0.810.80.720.750.560.690.60.480.470.780.710.460.860.810.010.820.780.890.820.820.870.510.710.5-0.46
0.820.530.590.740.770.880.80.490.550.380.87-0.110.620.630.310.50.650.540.720.740.650.020.50.50.29
-0.22-0.56-0.37-0.290.44-0.05-0.16-0.31-0.19-0.56-0.07-0.81-0.490.03-0.11-0.61-0.41-0.57-0.38-0.35-0.47-0.68-0.46-0.460.29
Click cells to compare fundamentals

EasyJet PLC Account Relationship Matchups

EasyJet PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B9.8B10.5B9.8B11.0B11.6B
Short Long Term Debt Total3.4B4.4B4.3B2.9B3.3B3.4B
Other Current Liab1.6B1.1B1.5B3.1B2.2B2.3B
Total Current Liabilities3.8B2.7B3.7B4.1B4.5B4.7B
Total Stockholder Equity1.9B2.6B2.5B2.8B3.0B1.8B
Property Plant And Equipment Net5.1B4.7B4.6B4.9B5.5B5.7B
Current Deferred Revenue614M844M1.0B1.5B1.7B1.8B
Net Debt1.1B897M792M(41M)1.9B2.0B
Accounts Payable323M217M431M402M1.7B1.7B
Cash2.3B3.5B3.5B2.9B1.3B1.1B
Non Current Assets Total5.9B5.6B5.5B5.7B6.5B6.8B
Non Currrent Assets Other133M(230M)(274M)165M2.3B2.4B
Cash And Short Term Investments2.3B3.5B3.6B2.9B3.5B3.6B
Liabilities And Stockholders Equity8.5B9.8B10.5B9.8B11.0B11.6B
Non Current Liabilities Total2.7B4.5B4.2B2.9B3.6B3.8B
Other Current Assets229M585M1.2B1.1B1.1B1.1B
Total Liab6.6B7.1B7.9B7.1B8.1B8.5B
Property Plant And Equipment Gross5.1B7.3B7.6B8.2B9.5B9.9B
Total Current Assets2.6B4.2B4.9B4.1B4.5B4.8B
Accumulated Other Comprehensive Income(237M)155M169M183M210.5M221.0M
Short Term Debt1.2B489M684M650M643M675.2M
Intangible Assets196M597M582M276M406M426.3M
Other Liab820M518M500M617M709.6M745.0M
Retained Earnings960M111M(9M)231M673M869.4M
Long Term Debt1.7B3.1B2.8B1.5B1.7B922.4M
Net Receivables200M44M243M110M126.5M129.2M
Property Plant Equipment5.2B5.1B4.7B4.6B5.3B5.6B
Other Assets199M142M261M283M325.5M292.4M
Short Term Investments32M(87M)126M27M2.1B2.2B
Net Tangible Assets2.4B1.3B2.1B2.0B2.2B2.2B
Short Long Term Debt987M300M437M433M498.0M264.8M
Capital Lease Obligations710M1.1B1.1B989M1.1B657.1M
Net Invested Capital4.6B6.0B5.7B4.7B5.4B5.2B
Net Working Capital(1.3B)1.5B1.3B(14M)(16.1M)(15.3M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in EasyJet Stock

Balance Sheet is a snapshot of the financial position of EasyJet PLC at a specified time, usually calculated after every quarter, six months, or one year. EasyJet PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EasyJet PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which EasyJet currently owns. An asset can also be divided into two categories, current and non-current.