Flight Interest Coverage Trend from 2010 to 2021

FLT -  Australia Stock  

AUD 18.33  0.13  0.71%

Flight Centre Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage is likely to outpace its year average in 2021. During the period from 2010 to 2021, Flight Centre Interest Coverage regression line of anual values had r-squared of 0.67 and arithmetic mean of  142.49. Flight Centre Direct Expenses is fairly stable at the moment as compared to the past year. Flight Centre reported Direct Expenses of 149.33 Million in 2020. Revenues is likely to rise to about 1.9 B in 2021, whereas Net Income is likely to drop (781.5 M) in 2021.

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Check Flight Centre financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flight main balance sheet or income statement drivers, such as Direct Expenses of 179.3 M, Revenues of 1.9 B or Weighted Average Shares of 99.9 M, as well as many exotic indicators such as Interest Coverage of 405, Long Term Debt to Equity of 0.17 or Calculated Tax Rate of 31.35. Flight financial statements analysis is a perfect complement when working with Flight Centre Valuation or Volatility modules. It can also supplement various Flight Centre Technical models. Please check the analysis of Flight Centre Correlation against competitors.

Flight Interest Coverage Breakdown

Showing smoothed Interest Coverage of Flight Centre Travel with missing and latest data points interpolated. Flight Centre's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flight Centre's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Increasing
Slightly volatile
 Interest Coverage 
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      Timeline 

Flight Interest Coverage Regression Statistics

Arithmetic Mean 142.49
Geometric Mean 38.37
Coefficient Of Variation 135.36
Mean Deviation 173.84
Median 14.80
Standard Deviation 192.87
Sample Variance 37,198
Range 409.32
R-Value 0.82
Mean Square Error 13,544
R-Squared 0.67
Significance 0.001151
Slope 43.75
Total Sum of Squares 409,175

Flight Interest Coverage History

2010  7.36 
2011  10.49 
2012  12.03 
2013  10.94 
2014  14.80 
2015  13.28 
2016  12.47 
2017  15.51 
2018  416.68 
2020  375.01 
2021  404.62 

About Flight Centre Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Flight Centre income statement, its balance sheet, and the statement of cash flows. Flight Centre investors use historical funamental indicators, such as Flight Centre's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Flight Centre investors may use each financial statement separately, they are all related. The changes in Flight Centre's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Flight Centre's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Flight Centre Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Flight Centre. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Interest Coverage 375.01  404.62 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA-853 M-875.5 M
Flight Centre Travel Group Limited provides travel retailing services for the leisure, corporate, and wholesale travel sectors in Australia, New Zealand, Europe, the Middle East, Africa, the Americas, Asia, and Internationally. Flight Centre Travel Group Limited was incorporated in 1987 and is headquartered in South Brisbane, Australia. Flight Centre operates under Travel Services classification in Australia and is traded on Australian Securities Exchange. It employs 10615 people.

Flight Centre Investors Sentiment

The influence of Flight Centre's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Flight. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - FLT

Flight Centre Travel Investor Sentiment

Most of Macroaxis users are currently bullish on Flight Centre Travel. What is your opinion about investing in Flight Centre Travel? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Please check the analysis of Flight Centre Correlation against competitors. Note that the Flight Centre Travel information on this page should be used as a complementary analysis to other Flight Centre's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Please note, there is a significant difference between Flight Centre's value and its price as these two are different measures arrived at by different means. Investors typically determine Flight Centre value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flight Centre's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.