easyJet plc Stock
€6.23
Your prediction
easyJet plc Stock
Pros and Cons of easyJet plc in the next few years
Pros
Cons
Performance of easyJet plc vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| easyJet plc | -0.930% | -0.288% | -0.384% | 12.369% | 7.820% | -45.381% | -53.939% |
| Alaska Air Group Inc. | -1.110% | -0.575% | 13.412% | 4.112% | 15.110% | -27.438% | -23.970% |
| Allegiant Travel | -0.860% | 0.877% | -14.179% | -36.813% | -24.342% | -70.207% | -51.501% |
| Deutsche Lufthansa AG | 0.330% | 0.391% | -5.141% | -30.590% | -16.594% | -35.571% | -69.636% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Taking a general look at the financials of easyJet, symbolised as EJETF in the US market, this company operating in the Passenger Transportation Services industry appears to be on a challenging journey. Notably, EJETF's financial performance has reflected the difficulties that the entire transportation industry has been encountering, especially with the ongoing global pandemic's impacts.
Firstly, turning the attention to the assets and liabilities, according to the balance sheet data from 2020 to 2022, the total assets surged from approximately 8.47 billion EUR to 10.45 billion EUR. However, the company's liabilities also followed a similar upward path, causing some concern. The increase in long-term debt from 1.74 billion EUR to 2.76 billion EUR in just two years might inevitably increase the company's financial risk in the future. On the upside, the cash reserves did increase significantly over those years, suggesting that the firm maintains a robust liquidity position.
Furthermore, regarding income statements, a distressed picture is portrayed. The airline has been working with increasing operating expenses while the revenue couldn't keep up the pace, leading to persistently negative net income over the years. This means that easyJet has been spending more than it’s earning, which is a red flag for investors.
