Volaris Quick Ratio from 2010 to 2024

VLRS Stock  USD 7.67  0.09  1.19%   
Volaris Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.66 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.75973473
Current Value
0.66
Quarterly Volatility
0.29620807
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Volaris financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Volaris' main balance sheet or income statement drivers, such as Depreciation And Amortization of 521.1 M, Interest Expense of 228.1 M or Selling General Administrative of 98.1 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 4.08. Volaris financial statements analysis is a perfect complement when working with Volaris Valuation or Volatility modules.
  
Check out the analysis of Volaris Correlation against competitors.
For more information on how to buy Volaris Stock please use our How to Invest in Volaris guide.

Latest Volaris' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Volaris over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Volaris' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Volaris' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

Volaris Quick Ratio Regression Statistics

Arithmetic Mean0.78
Geometric Mean0.72
Coefficient Of Variation37.99
Mean Deviation0.22
Median0.74
Standard Deviation0.30
Sample Variance0.09
Range1.0754
R-Value0.22
Mean Square Error0.09
R-Squared0.05
Significance0.44
Slope0.01
Total Sum of Squares1.23

Volaris Quick Ratio History

2023 0.76
2021 0.77
2020 0.66
2019 0.68
2018 0.97
2017 1.18
2016 1.41

About Volaris Financial Statements

Volaris shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Volaris investors may analyze each financial statement separately, they are all interrelated. The changes in Volaris' assets and liabilities, for example, are also reflected in the revenues and expenses on on Volaris' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.76  0.66 

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Additional Tools for Volaris Stock Analysis

When running Volaris' price analysis, check to measure Volaris' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Volaris is operating at the current time. Most of Volaris' value examination focuses on studying past and present price action to predict the probability of Volaris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volaris' price. Additionally, you may evaluate how the addition of Volaris to your portfolios can decrease your overall portfolio volatility.