EasyJet Current Deferred Revenue vs Non Current Liabilities Total 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 Current Deferred Revenue and its Non Current Liabilities Total 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 signals in bureau of economic analysis.

Current Deferred Revenue vs Non Current Liabilities Total

Current Deferred Revenue vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EasyJet PLC Current Deferred Revenue account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between EasyJet PLC's Current Deferred Revenue and Non Current Liabilities Total is 0.68. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Liabilities Total 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 Current Deferred Revenue and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of EasyJet PLC are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Current Deferred Revenue i.e., EasyJet PLC's Current Deferred Revenue and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Non Current Liabilities Total

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 signals in bureau of economic analysis.
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)

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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.