Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) quarterly balance sheet — complete assets, liabilities & equity history
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) balance sheet — 15-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 1.52B | 1.51B | 1.39B | 1.39B | 1.35B | 1.34B | 1.37B | 1.38B | 1.3B | 1.27B | 1.28B | 1.25B | 1.19B | 1.07B | 1.1B | 1.07B | 1.07B | 1.16B | 1.04B | 984.65M |
| Cash & Short-Term Investments | 823M | 817.14M | 758.53M | 774M | 785.58M | 788M | 862.37M | 945.18M | 821.22M | 764M | 756.31M | 789.42M | 751.86M | 655M | 704M | 711.85M | 743.25M | 751.32M | 750M | 745.41M |
| Cash Only | 803M | 796.14M | 738.53M | 754M | 770.58M | 772M | 847M | 899.45M | 775.22M | 748M | 740.31M | 774.15M | 736.86M | 655M | 704M | 711.85M | 743.25M | 751.32M | 750M | 745.41M |
| Short-Term Investments | 20M | 21M | 20M | 20M | 15M | 16.92M | 15.37M | 45.74M | 46M | 16M | 16M | 15.27M | 15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 336M | 320M | 250M | 262M | 207M | 230M | 212M | 138.81M | 171M | 226M | 295M | 254.97M | 278M | 289M | 285M | 243.65M | 203M | 275M | 168M | 112.75M |
| Days Sales Outstanding | 29.07 | 30.19 | 29.92 | 24.47 | 25.64 | 29.02 | 23.28 | 17.07 | 22.46 | 32.65 | 32.58 | 27.27 | 30.76 | 33.4 | 32.54 | 25.05 | 28.59 | 29.21 | 22.32 | 342.89 |
| Inventory | 21M | 21M | 17M | 17M | 15.46M | 16M | 16.84M | 16.63M | 17M | 16.16M | 16M | 25.46M | 17M | 17M | 15M | 22.2M | 14.54M | 14.97M | 13M | 23.07M |
| Days Inventory Outstanding | 1.94 | 1.89 | 1.98 | 1.93 | 2.05 | 2.13 | 2.2 | 2.23 | 2.34 | 2.27 | 2.96 | 2.98 | 2.14 | 2.19 | 2.38 | 2.44 | 1.99 | 1.9 | 2.92 | 70.83 |
| Other Current Assets | 114M | 121.86M | 83.47M | 278M | 61.97M | 253M | 42M | 14.78M | 69.78M | 66.84M | 59.69M | 155.56M | 62.14M | 41M | 41M | 74.19M | 7.21M | 7.71M | -1M | 88.73M |
| Total Non-Current Assets | 4.28B | 4.35B | 4.26B | 4.24B | 4.35B | 4.27B | 4.32B | 4.32B | 4.19B | 4.14B | 4.1B | 3.9B | 3.82B | 3.72B | 3.57B | 3.4B | 3.35B | 3.26B | 3.03B | 3.02B |
| Property, Plant & Equipment | 3.44B | 3.52B | 3.5B | 3.48B | 3.51B | 3.45B | 3.51B | 3.54B | 3.45B | 3.39B | 3.33B | 3.14B | 3B | 2.89B | 2.77B | 2.66B | 2.57B | 2.56B | 2.38B | 2.39B |
| Fixed Asset Turnover | 0.30x | 0.24x | 0.22x | 0.25x | 0.23x | 0.20x | 0.19x | 0.24x | 0.24x | 0.22x | 0.24x | 0.29x | 0.29x | 0.28x | 0.27x | 0.31x | 0.30x | 0.28x | 0.24x | 0.01x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 43M | 41M | 39M | 38M | 31.31M | 26M | 25.41M | 25.96M | 22M | 21M | 18M | 16.22M | 14M | 13M | 12M | 12.72M | 11M | 12M | 12M | 12.71M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 28K | 51K | 0 | 0 | 442M | 484M | 1.68M | 520M | 524M | 0 | 1.58M | 0 | 0 | 0 | 1.41M |
| Other Non-Current Assets | 310M | 329M | 335M | 726M | 384.69M | 433.97M | 454.25M | 469.85M | 484M | 43M | 43M | 501.39M | 36M | 37M | 536M | 519.55M | 516M | 489M | 476M | 481.22M |
| Total Assets | 5.8B | 5.86B | 5.65B | 5.64B | 5.7B | 5.61B | 5.69B | 5.7B | 5.49B | 5.42B | 5.38B | 5.15B | 5.01B | 4.79B | 4.67B | 4.47B | 4.42B | 4.42B | 4.06B | 4.01B |
| Asset Turnover | 0.18x | 0.15x | 0.14x | 0.16x | 0.14x | 0.12x | 0.12x | 0.15x | 0.15x | 0.13x | 0.15x | 0.18x | 0.17x | 0.17x | 0.16x | 0.18x | 0.17x | 0.16x | 0.14x | 0.01x |
| Asset Growth % | 1.79% | 4.42% | -0.58% | -1.17% | 3.84% | 3.53% | 5.69% | 10.84% | 9.64% | 13.13% | 15.35% | 15.18% | 13.45% | 8.42% | 14.79% | 11.48% | 20.35% | 18.64% | 23.81% | 16.88% |
| Total Current Liabilities | 2.27B | 2.34B | 2.09B | 1.92B | 2.01B | 1.94B | 1.82B | 1.77B | 1.77B | 1.82B | 1.74B | 1.62B | 1.67B | 1.63B | 1.65B | 1.42B | 1.42B | 1.46B | 1.33B | 1.26B |
| Accounts Payable | 268M | 255M | 166M | 192M | 265M | 179M | 142M | 161.24M | 178M | 209M | 179M | 249.71M | 247M | 187M | 177M | 209.47M | 163M | 155M | 73M | 119.4M |
| Days Payables Outstanding | 24.11 | 20.89 | 20.87 | 27.21 | 28.89 | 20.84 | 19.95 | 22.54 | 27.35 | 27.33 | 30.62 | 34.84 | 27.27 | 24.94 | 24.77 | 24.7 | 21.42 | 15.48 | 15.57 | 399.45 |
| Short-Term Debt | 165M | 231M | 265M | 262M | 343M | 302M | 241M | 283.62M | 299M | 325M | 260M | 592.99M | 165M | 150M | 155M | 447.77M | 87M | 49M | 137M | 483.53M |
| Deferred Revenue (Current) | 501M | 496M | 428M | 0 | 392M | 395M | 374.54M | 363.63M | 405M | 459M | 394M | 347.11M | 412M | 446M | 444M | 351.49M | 389M | 418M | 373M | 309.43M |
| Other Current Liabilities | 177M | 189M | 80M | 785M | 92M | 118M | 335.94M | 62.8M | 24M | 6M | 13M | 403.85M | 15M | 20M | 6M | 386.19M | 13M | 21M | 30M | 321.08M |
| Current Ratio | 0.67x | 0.64x | 0.67x | 0.73x | 0.67x | 0.69x | 0.75x | 0.78x | 0.73x | 0.70x | 0.73x | 0.77x | 0.71x | 0.66x | 0.67x | 0.75x | 0.75x | 0.79x | 0.78x | 0.78x |
| Quick Ratio | 0.66x | 0.64x | 0.66x | 0.72x | 0.66x | 0.68x | 0.74x | 0.77x | 0.72x | 0.69x | 0.72x | 0.75x | 0.70x | 0.65x | 0.66x | 0.74x | 0.74x | 0.78x | 0.77x | 0.76x |
| Cash Conversion Cycle | 6.9 | 11.19 | 11.04 | -0.8 | -1.2 | 10.32 | 5.54 | -3.23 | -2.54 | 7.59 | 4.92 | -4.59 | 5.62 | 10.65 | 10.15 | 2.79 | 9.16 | 15.63 | 9.67 | 14.27 |
| Total Non-Current Liabilities | 3.49B | 3.45B | 3.36B | 3.46B | 3.43B | 3.42B | 3.56B | 3.57B | 3.4B | 3.31B | 3.36B | 3.28B | 3.21B | 2.98B | 2.85B | 2.81B | 2.75B | 2.75B | 2.48B | 2.43B |
| Long-Term Debt | 433M | 461M | 394M | 441M | 452M | 440M | 525.29M | 526.36M | 441M | 313M | 382M | 432.78M | 402M | 191M | 149M | 160.89M | 155M | 154M | 105M | 108.66M |
| Capital Lease Obligations | 2.74B | 2.71B | 2.67B | 2.74B | 2.66B | 2.64B | 2.67B | 2.67B | 2.6B | 2.65B | 2.65B | 2.52B | 2.46B | 2.45B | 2.4B | 2.37B | 2.33B | 2.35B | 2.15B | 2.14B |
| Deferred Tax Liabilities | 10M | 5M | 11M | 0 | 16M | 15M | 17.2M | 17.93M | 16M | 16M | 16M | 15.71M | 0 | 16M | 14M | 10.46M | 13M | 10M | 16M | 11.26M |
| Other Non-Current Liabilities | 311M | 271M | 281M | 272M | 297M | 327M | 346.75M | 353.97M | 342M | 307M | 289M | 314.56M | 347M | 300M | 286M | 268.72M | 246M | 227M | 205M | 173.37M |
| Total Liabilities | 5.76B | 5.79B | 5.45B | 5.37B | 5.44B | 5.36B | 5.37B | 5.34B | 5.17B | 5.13B | 5.1B | 4.9B | 4.88B | 4.62B | 4.5B | 4.23B | 4.17B | 4.21B | 3.81B | 3.69B |
| Total Debt | 3.79B | 3.86B | 3.82B | 3.86B | 3.87B | 3.8B | 3.83B | 3.87B | 3.73B | 3.64B | 3.66B | 3.54B | 3.39B | 3.14B | 3.05B | 2.98B | 2.9B | 2.84B | 2.68B | 2.73B |
| Net Debt | 2.99B | 3.06B | 3.08B | 3.1B | 3.09B | 3.03B | 2.98B | 2.97B | 2.95B | 2.89B | 2.92B | 2.77B | 2.65B | 2.49B | 2.35B | 2.27B | 2.16B | 2.09B | 1.93B | 1.99B |
| Debt / Equity | 90.33x | 56.75x | 18.46x | 14.66x | 14.75x | 14.96x | 12.15x | 10.61x | 11.64x | 12.73x | 13.22x | 14.61x | 25.89x | 18.27x | 18.61x | 12.70x | 11.60x | 13.52x | 10.39x | 8.68x |
| Debt / EBITDA | 18.17x | 51.10x | 24.92x | 16.49x | 16.43x | - | 25.69x | 15.64x | 24.35x | 42.34x | 15.37x | 11.97x | 20.61x | 18.32x | - | 39.17x | 78.41x | - | - | 4444.73x |
| Net Debt / EBITDA | 14.32x | 40.56x | 20.10x | 13.26x | 13.15x | - | 20.00x | 12.01x | 19.29x | 33.64x | 12.26x | 9.36x | 16.13x | 14.50x | - | 29.82x | 58.32x | - | - | 3232.36x |
| Interest Coverage | 0.51x | -1.28x | -0.19x | 1.45x | 1.12x | -0.13x | 0.05x | 1.44x | 2.10x | 1.19x | 1.76x | 3.82x | 0.43x | 1.14x | -0.66x | 1.38x | 0.80x | -0.84x | -0.38x | 0.01x |
| Total Equity | 42M | 68M | 207M | 263M | 262M | 254M | 314.97M | 364.81M | 320M | 286M | 277M | 242.59M | 131M | 172M | 164M | 234.74M | 250M | 210M | 258M | 314.95M |
| Equity Growth % | -83.97% | -73.23% | -34.28% | -27.91% | -18.13% | -11.19% | 13.71% | 50.38% | 144.27% | 66.28% | 68.9% | 3.35% | -47.6% | -18.1% | -36.43% | -25.47% | 10.06% | 15.75% | 360.13% | 124.1% |
| Book Value per Share | 0.37 | 0.59 | 1.80 | 2.28 | 2.25 | 2.18 | 2.74 | 3.13 | 2.76 | 2.45 | 2.38 | 2.08 | 1.12 | 1.48 | 1.41 | 2.01 | 2.14 | 1.80 | 2.21 | 2.70 |
| Total Shareholders' Equity | 42M | 68M | 207M | 263M | 262M | 254M | 314.97M | 364.81M | 320M | 286M | 277M | 242.59M | 131M | 172M | 164M | 234.74M | 250M | 210M | 258M | 314.95M |
| Common Stock | 248M | 248M | 248M | 248M | 248M | 248M | 248.28M | 248.28M | 248M | 248M | 248M | 248.28M | 248M | 248M | 248M | 248.28M | 248M | 248M | 248M | 167.43M |
| Retained Earnings | -334M | -325M | -197M | -109M | -130M | -136M | -72.91M | -21.71M | -67M | -104M | -115M | -148.08M | -260M | -221M | -227M | -155.9M | -134M | -174M | -125M | -84.77M |
| Treasury Stock | -13M | -13M | -13M | -13M | -13M | -13M | -12.65M | -12.79M | -12M | -12M | -12M | -11.55M | -13M | -12M | -13M | -12.87M | -10M | -10M | -9M | -10.23M |
| Accumulated OCI | -145M | -126M | -115M | -146M | -129M | -147M | -132.09M | -132.33M | -134M | -130M | -127M | -128.09M | -128M | -128M | -128M | -127.95M | -137M | -137M | -138M | 15.09M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |