EasyJet Depreciation vs Change In 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 Depreciation and its Change In 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 signals in bureau of economic analysis.

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EasyJet PLC Depreciation account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between EasyJet PLC's Depreciation and Change In Cash is -0.39. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In 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 Depreciation and Change In 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 Depreciation of EasyJet PLC are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Depreciation i.e., EasyJet PLC's Depreciation and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of EasyJet PLC value has been used up. For tax purposes EasyJet PLC can deduct the cost of the tangible assets it purchases as business expenses. However, EasyJet PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In Cash

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 Expense	143M	179M	132M	138.6M
Depreciation And Amortization	564M	673M	770M	808.5M

Interest Expense Depreciation And Amortization

EasyJet PLC fundamental ratios Correlations

	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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Retained Earnings
Total Assets		0.88	0.82	0.95	0.59	0.97	0.84	0.73	0.7	0.7	0.97	0.39	0.95	0.78	0.43	0.88	0.85	0.9	0.98	0.97	0.95	0.47	0.82	0.81	0.82	-0.22
Short Long Term Debt Total	0.88		0.7	0.84	0.29	0.81	0.68	0.73	0.52	0.87	0.83	0.57	0.95	0.62	0.3	0.98	0.74	0.9	0.94	0.87	0.92	0.66	0.96	0.8	0.53	-0.56
Other Current Liab	0.82	0.7		0.91	0.35	0.78	0.72	0.54	0.65	0.57	0.79	0.57	0.78	0.62	0.43	0.72	0.83	0.83	0.84	0.87	0.82	0.6	0.58	0.72	0.59	-0.37
Total Current Liabilities	0.95	0.84	0.91		0.43	0.92	0.82	0.76	0.76	0.62	0.93	0.52	0.9	0.71	0.49	0.83	0.83	0.86	0.96	0.95	0.91	0.61	0.78	0.75	0.74	-0.29
Total Stockholder Equity	0.59	0.29	0.35	0.43		0.63	0.46	0.08	0.17	0.36	0.63	-0.37	0.4	0.78	-0.15	0.26	0.42	0.36	0.44	0.47	0.43	-0.22	0.28	0.56	0.77	0.44
Property Plant And Equipment Net	0.97	0.81	0.78	0.92	0.63		0.82	0.71	0.65	0.62	1.0	0.25	0.85	0.76	0.39	0.79	0.74	0.77	0.93	0.9	0.85	0.37	0.77	0.69	0.88	-0.05
Current Deferred Revenue	0.84	0.68	0.72	0.82	0.46	0.82		0.68	0.73	0.45	0.81	0.29	0.77	0.44	0.47	0.68	0.76	0.73	0.82	0.87	0.8	0.24	0.59	0.6	0.8	-0.16
Net Debt	0.73	0.73	0.54	0.76	0.08	0.71	0.68		0.87	0.29	0.71	0.63	0.74	0.39	0.61	0.75	0.6	0.66	0.78	0.77	0.71	0.53	0.71	0.48	0.49	-0.31
Accounts Payable	0.7	0.52	0.65	0.76	0.17	0.65	0.73	0.87		0.1	0.66	0.6	0.68	0.39	0.73	0.6	0.71	0.65	0.7	0.79	0.7	0.37	0.44	0.47	0.55	-0.19
Cash	0.7	0.87	0.57	0.62	0.36	0.62	0.45	0.29	0.1		0.63	0.33	0.79	0.59	-0.06	0.83	0.59	0.77	0.75	0.64	0.76	0.54	0.83	0.78	0.38	-0.56
Non Current Assets Total	0.97	0.83	0.79	0.93	0.63	1.0	0.81	0.71	0.66	0.63		0.28	0.86	0.77	0.4	0.8	0.76	0.79	0.94	0.91	0.86	0.4	0.78	0.71	0.87	-0.07
Non Currrent Assets Other	0.39	0.57	0.57	0.52	-0.37	0.25	0.29	0.63	0.6	0.33	0.28		0.58	0.15	0.47	0.65	0.52	0.63	0.52	0.53	0.56	0.77	0.49	0.46	-0.11	-0.81
Cash And Short Term Investments	0.95	0.95	0.78	0.9	0.4	0.85	0.77	0.74	0.68	0.79	0.86	0.58		0.69	0.43	0.97	0.85	0.97	0.97	0.96	0.99	0.6	0.88	0.86	0.62	-0.49
Common Stock Total Equity	0.78	0.62	0.62	0.71	0.78	0.76	0.44	0.39	0.39	0.59	0.77	0.15	0.69		-0.01	0.59	0.56	0.66	0.71	0.68	0.68	0.37	0.62	0.81	0.63	0.03
Common Stock Shares Outstanding	0.43	0.3	0.43	0.49	-0.15	0.39	0.47	0.61	0.73	-0.06	0.4	0.47	0.43	-0.01		0.37	0.46	0.42	0.43	0.52	0.44	0.26	0.23	0.01	0.31	-0.11
Non Current Liabilities Total	0.88	0.98	0.72	0.83	0.26	0.79	0.68	0.75	0.6	0.83	0.8	0.65	0.97	0.59	0.37		0.8	0.94	0.94	0.89	0.95	0.65	0.91	0.82	0.5	-0.61
Other Current Assets	0.85	0.74	0.83	0.83	0.42	0.74	0.76	0.6	0.71	0.59	0.76	0.52	0.85	0.56	0.46	0.8		0.89	0.85	0.91	0.91	0.41	0.59	0.78	0.65	-0.41
Other Stockholder Equity	0.9	0.9	0.83	0.86	0.36	0.77	0.73	0.66	0.65	0.77	0.79	0.63	0.97	0.66	0.42	0.94	0.89		0.93	0.94	0.98	0.62	0.79	0.89	0.54	-0.57
Total Liab	0.98	0.94	0.84	0.96	0.44	0.93	0.82	0.78	0.7	0.75	0.94	0.52	0.97	0.71	0.43	0.94	0.85	0.93		0.97	0.97	0.59	0.88	0.82	0.72	-0.38
Property Plant And Equipment Gross	0.97	0.87	0.87	0.95	0.47	0.9	0.87	0.77	0.79	0.64	0.91	0.53	0.96	0.68	0.52	0.89	0.91	0.94	0.97		0.97	0.51	0.76	0.82	0.74	-0.35
Total Current Assets	0.95	0.92	0.82	0.91	0.43	0.85	0.8	0.71	0.7	0.76	0.86	0.56	0.99	0.68	0.44	0.95	0.91	0.98	0.97	0.97		0.56	0.83	0.87	0.65	-0.47
Short Term Debt	0.47	0.66	0.6	0.61	-0.22	0.37	0.24	0.53	0.37	0.54	0.4	0.77	0.6	0.37	0.26	0.65	0.41	0.62	0.59	0.51	0.56		0.67	0.51	0.02	-0.68
Intangible Assets	0.82	0.96	0.58	0.78	0.28	0.77	0.59	0.71	0.44	0.83	0.78	0.49	0.88	0.62	0.23	0.91	0.59	0.79	0.88	0.76	0.83	0.67		0.71	0.5	-0.46
Common Stock	0.81	0.8	0.72	0.75	0.56	0.69	0.6	0.48	0.47	0.78	0.71	0.46	0.86	0.81	0.01	0.82	0.78	0.89	0.82	0.82	0.87	0.51	0.71		0.5	-0.46
Other Liab	0.82	0.53	0.59	0.74	0.77	0.88	0.8	0.49	0.55	0.38	0.87	-0.11	0.62	0.63	0.31	0.5	0.65	0.54	0.72	0.74	0.65	0.02	0.5	0.5		0.29
Retained Earnings	-0.22	-0.56	-0.37	-0.29	0.44	-0.05	-0.16	-0.31	-0.19	-0.56	-0.07	-0.81	-0.49	0.03	-0.11	-0.61	-0.41	-0.57	-0.38	-0.35	-0.47	-0.68	-0.46	-0.46	0.29

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EasyJet PLC Account Relationship Matchups

EasyJet PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.5B	9.8B	10.5B	9.8B	11.0B	11.6B
Short Long Term Debt Total	3.4B	4.4B	4.3B	2.9B	3.3B	3.4B
Other Current Liab	1.6B	1.1B	1.5B	3.1B	2.2B	2.3B
Total Current Liabilities	3.8B	2.7B	3.7B	4.1B	4.5B	4.7B
Total Stockholder Equity	1.9B	2.6B	2.5B	2.8B	3.0B	1.8B
Property Plant And Equipment Net	5.1B	4.7B	4.6B	4.9B	5.5B	5.7B
Current Deferred Revenue	614M	844M	1.0B	1.5B	1.7B	1.8B
Net Debt	1.1B	897M	792M	(41M)	1.9B	2.0B
Accounts Payable	323M	217M	431M	402M	1.7B	1.7B
Cash	2.3B	3.5B	3.5B	2.9B	1.3B	1.1B
Non Current Assets Total	5.9B	5.6B	5.5B	5.7B	6.5B	6.8B
Non Currrent Assets Other	133M	(230M)	(274M)	165M	2.3B	2.4B
Cash And Short Term Investments	2.3B	3.5B	3.6B	2.9B	3.5B	3.6B
Liabilities And Stockholders Equity	8.5B	9.8B	10.5B	9.8B	11.0B	11.6B
Non Current Liabilities Total	2.7B	4.5B	4.2B	2.9B	3.6B	3.8B
Other Current Assets	229M	585M	1.2B	1.1B	1.1B	1.1B
Total Liab	6.6B	7.1B	7.9B	7.1B	8.1B	8.5B
Property Plant And Equipment Gross	5.1B	7.3B	7.6B	8.2B	9.5B	9.9B
Total Current Assets	2.6B	4.2B	4.9B	4.1B	4.5B	4.8B
Accumulated Other Comprehensive Income	(237M)	155M	169M	183M	210.5M	221.0M
Short Term Debt	1.2B	489M	684M	650M	643M	675.2M
Intangible Assets	196M	597M	582M	276M	406M	426.3M
Other Liab	820M	518M	500M	617M	709.6M	745.0M
Retained Earnings	960M	111M	(9M)	231M	673M	869.4M
Long Term Debt	1.7B	3.1B	2.8B	1.5B	1.7B	922.4M
Net Receivables	200M	44M	243M	110M	126.5M	129.2M
Property Plant Equipment	5.2B	5.1B	4.7B	4.6B	5.3B	5.6B
Other Assets	199M	142M	261M	283M	325.5M	292.4M
Short Term Investments	32M	(87M)	126M	27M	2.1B	2.2B
Net Tangible Assets	2.4B	1.3B	2.1B	2.0B	2.2B	2.2B
Short Long Term Debt	987M	300M	437M	433M	498.0M	264.8M
Capital Lease Obligations	710M	1.1B	1.1B	989M	1.1B	657.1M
Net Invested Capital	4.6B	6.0B	5.7B	4.7B	5.4B	5.2B
Net Working Capital	(1.3B)	1.5B	1.3B	(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.

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EasyJet Depreciation vs Change In Cash Analysis

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

Correlation Coefficient

Depreciation

Change In Cash

EasyJet PLC fundamental ratios Correlations

EasyJet PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EasyJet PLC fundamental ratios Accounts

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Other Information on Investing in EasyJet Stock

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Liab	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Current Assets	+ 0.98	Other Stockholder Equity
Property Plant And Equipment Net	+ 0.97	Total Assets

Retained Earnings	- 0.81	Non Currrent Assets Other
Retained Earnings	- 0.68	Short Term Debt
Retained Earnings	- 0.61	Non Current Liabilities Total
Retained Earnings	- 0.57	Other Stockholder Equity
Retained Earnings	- 0.56	Cash
Retained Earnings	- 0.56	Short Long Term Debt Total