Controladora Vuela Compania de Aviacion, S.A.B. de C.V.VLRS

Market cap

P/E ratio

	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents (Note 6)	352	298	423	506	741	712	774	908
Short-term investments	-	-	-	-	-	-	-	46
Related parties (Note 7)	-	0	1	4	5	2	-	2
Other accounts receivable, net (Note 8)	24	26	49	28	50	79	89	76
Recoverable value-added tax and others	20	31	50	46	36	94	69	48
Recoverable income tax	29	17	23	24	15	65	92	13
Inventories (Note 9)	15	15	16	14	14	16	16	17
Prepaid expenses and other current assets (Note 10)	-	-	-	-	38	33	44	45
Derivative financial instruments (Notes 3, 4 and 5)	25	3	7	0	-	-	-	0
Guarantee deposits (Note 11)	-	-	-	-	-	-	-	227
Total current assets	573	467	643	722	979	1,066	1,248	1,382
Rotable spare parts, furniture and equipment, net (Note 12)	222	294	392	365	455	479	805	1,070
Right-of-use assets, net (Note 14)	-	-	1,811	1,720	1,917	2,181	2,338	2,470
Intangible assets, net (Note 13)	10	9	9	10	13	13	16	26
Derivative financial instruments (Notes 3, 4 and 5)	-	-	0	0	1	2	2	0
Deferred income taxes (Note 20)	28	30	82	157	141	208	236	286
Guarantee deposits (Note 11)	-	-	-	-	-	-	-	426
Other long-term assets	6	4	7	16	23	36	39	43
Total non-current assets	575	667	2,716	2,696	3,006	3,402	3,898	4,322
Total assets	1,149	1,134	3,359	3,418	3,985	4,468	5,146	5,704
Unearned transportation revenue (Note 21)	-	124	195	293	304	346	343	343
Suppliers	55	55	85	112	108	195	234	161
Related parties (Note 7)	2	1	3	6	11	15	16	2
Accrued liabilities (Note 15a)	104	118	134	118	178	187	163	223
Lease liabilities (Note 14)	-	-	250	325	284	336	373	391
Other taxes and fees payable (Note 1r)	63	98	112	112	131	218	262	274
Income taxes payable	6	0	7	0	4	6	8	29
Financial debt (Note 5)	122	62	111	78	197	112	220	284
Other liabilities (Note 16)	14	6	22	5	35	5	2	63
Total current liabilities	475	470	919	1,051	1,252	1,420	1,622	1,770
Financial debt (Note 5)	55	117	153	190	108	161	433	526
Accrued liabilities (Note 15b)	10	7	5	3	1	13	14	8
Lease liabilities (Note 14)	-	-	1,900	1,887	2,128	2,373	2,519	2,670
Other liabilities (Note 16)	11	17	78	134	167	244	286	333
Employee benefits (Note 17)	1	1	2	3	4	11	15	13
Deferred income taxes (Note 20)	82	56	8	10	11	10	16	18
Total non-current liabilities	159	198	2,146	2,227	2,420	2,813	3,282	3,569
Total liabilities	634	668	3,065	3,278	3,671	4,233	4,903	5,339
Capital stock	151	151	158	172	166	248	248	248
Treasury shares	-	-	-	-	-	-	-	13
Legal reserve	15	15	15	15	14	17	17	17
Additional paid-in capital	91	93	100	237	226	283	282	283
Accumulated deficit	257	217	23	-193	-84	-156	-148	-22
Accumulated other comprehensive loss (Note 24)	5	-4	6	-78	1	-145	-145	-150
Total equity	515	466	293	140	313	235	243	365
Total liabilities and equity	1,149	1,134	3,359	3,418	3,985	4,468	5,146	5,704