Volaris Change To Inventory vs Net Income Analysis

VLRS Stock

USD 8.52 0.10 1.19%

Volaris financial indicator trend analysis is much more than just breaking down Volaris prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Volaris is a good investment. Please check the relationship between Volaris Change To Inventory and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volaris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Volaris Stock please use our How to Invest in Volaris guide.

Change To Inventory vs Net Income

Change To Inventory vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Volaris Change To Inventory account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Volaris' Change To Inventory and Net Income is -0.47. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income in the same time period over historical financial statements of Volaris, assuming nothing else is changed. The correlation between historical values of Volaris' Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Volaris are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., Volaris' Change To Inventory and Net Income go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

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Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Volaris financial statement analysis. It represents the amount of money remaining after all of Volaris operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Volaris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Volaris 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Volaris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Volaris Stock please use our How to Invest in Volaris guide.Enterprise Value is likely to gain to about 4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 98.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	138.4M	193M	219M	230.0M
Depreciation And Amortization	326.4M	417.9M	496.3M	521.1M

Interest Expense Depreciation And Amortization

Volaris fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.92	-0.17	0.53	0.94	-0.08	0.9	0.89	0.91	-0.6	0.23	0.82	0.91	0.43	0.81	0.83	0.83	-0.23	0.91	0.57	0.74	0.71	0.92	0.42	0.8	0.92
Total Assets	0.92		0.12	0.3	1.0	0.05	0.99	0.89	0.98	-0.49	0.54	0.86	1.0	0.6	0.85	0.93	0.66	-0.18	0.99	0.74	0.83	0.67	1.0	0.31	0.86	0.99
Short Long Term Debt Total	-0.17	0.12		-0.12	0.07	0.25	0.13	0.05	0.1	0.27	0.43	0.1	0.13	0.28	0.1	0.11	-0.33	-0.15	0.11	0.47	0.05	0.0	0.1	-0.08	0.1	0.07
Other Current Liab	0.53	0.3	-0.12		0.35	-0.03	0.28	0.45	0.27	-0.33	-0.5	0.39	0.29	0.02	0.37	0.27	0.44	-0.2	0.28	0.15	0.18	0.42	0.3	0.13	0.34	0.29
Total Current Liabilities	0.94	1.0	0.07	0.35		0.05	0.98	0.89	0.97	-0.49	0.48	0.86	0.99	0.58	0.85	0.94	0.68	-0.17	0.99	0.72	0.84	0.66	0.99	0.29	0.86	0.99
Total Stockholder Equity	-0.08	0.05	0.25	-0.03	0.05		-0.06	0.0	-0.16	0.78	0.34	0.3	-0.02	0.37	0.32	0.14	-0.54	0.4	-0.06	0.53	0.43	0.24	-0.03	-0.3	0.31	-0.03
Property Plant And Equipment Net	0.9	0.99	0.13	0.28	0.98	-0.06		0.88	0.99	-0.57	0.53	0.82	1.0	0.56	0.81	0.91	0.69	-0.22	1.0	0.69	0.77	0.64	1.0	0.33	0.82	0.99
Current Deferred Revenue	0.89	0.89	0.05	0.45	0.89	0.0	0.88		0.87	-0.48	0.44	0.94	0.89	0.61	0.93	0.79	0.67	-0.22	0.88	0.74	0.66	0.76	0.89	0.41	0.93	0.87
Net Debt	0.91	0.98	0.1	0.27	0.97	-0.16	0.99	0.87		-0.64	0.49	0.78	0.99	0.52	0.77	0.89	0.74	-0.25	1.0	0.63	0.73	0.61	0.99	0.38	0.77	0.99
Retained Earnings	-0.6	-0.49	0.27	-0.33	-0.49	0.78	-0.57	-0.48	-0.64		0.15	-0.2	-0.54	0.07	-0.18	-0.37	-0.79	0.35	-0.57	0.1	-0.05	-0.25	-0.55	-0.44	-0.18	-0.54
Accounts Payable	0.23	0.54	0.43	-0.5	0.48	0.34	0.53	0.44	0.49	0.15		0.55	0.53	0.67	0.56	0.54	-0.03	0.06	0.52	0.71	0.55	0.28	0.51	0.0	0.59	0.5
Cash	0.82	0.86	0.1	0.39	0.86	0.3	0.82	0.94	0.78	-0.2	0.55		0.84	0.65	1.0	0.77	0.48	-0.11	0.82	0.85	0.77	0.8	0.83	0.24	0.99	0.83
Non Current Assets Total	0.91	1.0	0.13	0.29	0.99	-0.02	1.0	0.89	0.99	-0.54	0.53	0.84		0.58	0.83	0.92	0.68	-0.2	1.0	0.71	0.79	0.65	1.0	0.33	0.83	0.99
Non Currrent Assets Other	0.43	0.6	0.28	0.02	0.58	0.37	0.56	0.61	0.52	0.07	0.67	0.65	0.58		0.66	0.65	0.08	0.22	0.56	0.77	0.64	0.52	0.57	0.32	0.7	0.54
Cash And Short Term Investments	0.81	0.85	0.1	0.37	0.85	0.32	0.81	0.93	0.77	-0.18	0.56	1.0	0.83	0.66		0.77	0.47	-0.1	0.81	0.85	0.78	0.8	0.83	0.23	0.99	0.82
Net Receivables	0.83	0.93	0.11	0.27	0.94	0.14	0.91	0.79	0.89	-0.37	0.54	0.77	0.92	0.65	0.77		0.56	-0.11	0.91	0.71	0.84	0.53	0.92	0.13	0.81	0.9
Common Stock Total Equity	0.83	0.66	-0.33	0.44	0.68	-0.54	0.69	0.67	0.74	-0.79	-0.03	0.48	0.68	0.08	0.47	0.56		-0.45	0.71	0.16	0.39	0.35	0.7	0.45	0.46	0.7
Short Term Investments	-0.23	-0.18	-0.15	-0.2	-0.17	0.4	-0.22	-0.22	-0.25	0.35	0.06	-0.11	-0.2	0.22	-0.1	-0.11	-0.45		-0.22	0.02	0.11	-0.01	-0.21	-0.22	-0.08	-0.19
Non Current Liabilities Total	0.91	0.99	0.11	0.28	0.99	-0.06	1.0	0.88	1.0	-0.57	0.52	0.82	1.0	0.56	0.81	0.91	0.71	-0.22		0.68	0.77	0.64	1.0	0.34	0.82	0.99
Inventory	0.57	0.74	0.47	0.15	0.72	0.53	0.69	0.74	0.63	0.1	0.71	0.85	0.71	0.77	0.85	0.71	0.16	0.02	0.68		0.76	0.63	0.69	0.2	0.86	0.69
Other Current Assets	0.74	0.83	0.05	0.18	0.84	0.43	0.77	0.66	0.73	-0.05	0.55	0.77	0.79	0.64	0.78	0.84	0.39	0.11	0.77	0.76		0.56	0.8	0.16	0.8	0.81
Other Stockholder Equity	0.71	0.67	0.0	0.42	0.66	0.24	0.64	0.76	0.61	-0.25	0.28	0.8	0.65	0.52	0.8	0.53	0.35	-0.01	0.64	0.63	0.56		0.64	0.43	0.76	0.65
Total Liab	0.92	1.0	0.1	0.3	0.99	-0.03	1.0	0.89	0.99	-0.55	0.51	0.83	1.0	0.57	0.83	0.92	0.7	-0.21	1.0	0.69	0.8	0.64		0.33	0.83	0.99
Property Plant And Equipment Gross	0.42	0.31	-0.08	0.13	0.29	-0.3	0.33	0.41	0.38	-0.44	0.0	0.24	0.33	0.32	0.23	0.13	0.45	-0.22	0.34	0.2	0.16	0.43	0.33		0.21	0.34
Total Current Assets	0.8	0.86	0.1	0.34	0.86	0.31	0.82	0.93	0.77	-0.18	0.59	0.99	0.83	0.7	0.99	0.81	0.46	-0.08	0.82	0.86	0.8	0.76	0.83	0.21		0.82
Short Term Debt	0.92	0.99	0.07	0.29	0.99	-0.03	0.99	0.87	0.99	-0.54	0.5	0.83	0.99	0.54	0.82	0.9	0.7	-0.19	0.99	0.69	0.81	0.65	0.99	0.34	0.82

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Volaris Change To Inventory vs Net Income Analysis

Change To Inventory vs Net Income

Change To Inventory vs Net Income Correlation Analysis

Correlation Coefficient

Change To Inventory

Net Income

Volaris fundamental ratios Correlations

Volaris Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Volaris Stock Analysis

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Total Current Liabilities	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net

Common Stock Total Equity	- 0.79	Retained Earnings
Retained Earnings	- 0.64	Net Debt
Retained Earnings	- 0.6	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.57	Retained Earnings
Retained Earnings	- 0.57	Property Plant And Equipment Net
Total Liab	- 0.55	Retained Earnings