Azul SA

NYSE AZUL

Data sourced from iex and EODHD
Download Data

Azul SA Working Capital to Current Liabilities Ratio 5 year CAGR for the quarter ending March 31, 2024: 37.91%

Azul SA Working Capital to Current Liabilities Ratio 5 year CAGR is 37.91% for the quarter ending March 31, 2024, a -72.35% change year over year. The working capital to current liabilities ratio measures the proportion of working capital to current liabilities. It is calculated by dividing the difference between current assets and current liabilities by current liabilities. This ratio indicates the company's ability to cover its current liabilities with its working capital. A higher ratio suggests a healthier liquidity position and better ability to meet short-term obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Azul SA Working Capital to Current Liabilities Ratio for the quarter ending March 31, 2023 was -0.68, a -35.08% change year over year.
  • Azul SA Working Capital to Current Liabilities Ratio for the quarter ending March 31, 2022 was -0.50, a -6.65% change year over year.
  • Azul SA Working Capital to Current Liabilities Ratio for the quarter ending March 31, 2021 was -0.47, a -18.31% change year over year.
  • Azul SA Working Capital to Current Liabilities Ratio for the quarter ending March 31, 2020 was -0.40, a -200.94% change year over year.
NYSE: AZUL

Azul SA

CEO Mr. John Peter Rodgerson
IPO Date April 11, 2017
Location Brazil
Headquarters Av. Marcos Penteado de Ulhôa Rodrigues, Barueri, SP, Brazil, 06460-040
Employees 15,248
Sector Industrials
Industry Airlines
Description

Azul S.A., together with its subsidiaries, provides air transportation services in Brazil and internationally. As of December 31, 2023, the company operated approximately 1,000 daily departures to 160 destinations through a network of 300 non-stop routes with an operating fleet of 183 aircraft and a passenger contractual fleet of 189 aircraft. It is involved in the cargo or mail, passenger charter, intellectual property owner, frequent-flyer program, airline operations, travel packages, funding, and aircraft financing activities; and provision of maintenance and hangarage services for aircraft, engines, parts and pieces. The company was incorporated in 2008 and is headquartered in Barueri, Brazil.

StockViz Staff

September 20, 2024

Any question? Send us an email