Spirit Airlines, Inc. financial data

Symbol
SAVE on NYSE
Industry
Air Transportation, Scheduled
Location
1731 Radiant Drive, Dania Beach, FL
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 93.1 % -13.8%
Return On Equity -63.5 % -144%
Return On Assets -7.15 % -58.2%
Operating Margin -14.9 % -89.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 110M shares +0.33%
Common Stock, Shares, Outstanding 109M shares +0.3%
Entity Public Float 1.9B USD -26.9%
Common Stock, Value, Issued 11K USD 0%
Weighted Average Number of Shares Outstanding, Basic 110M shares +0.32%
Weighted Average Number of Shares Outstanding, Diluted 110M shares +0.32%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 5.13B USD -7.07%
Selling and Marketing Expense 183M USD -4.65%
Operating Income (Loss) -763M USD -75.8%
Nonoperating Income (Expense) -15.2M USD +81.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -779M USD -50.9%
Income Tax Expense (Benefit) -102M USD +0.7%
Net Income (Loss) Attributable to Parent -677M USD -63.7%
Earnings Per Share, Basic -6.19 USD/shares -62.9%
Earnings Per Share, Diluted -6.19 USD/shares -62.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 725M USD -34.7%
Assets, Current 1.43B USD -19.6%
Property, Plant and Equipment, Net 3.34B USD -10.8%
Operating Lease, Right-of-Use Asset 4.16B USD +35.9%
Other Assets, Noncurrent 27.2M USD -30.4%
Assets 9.56B USD +2%
Accounts Payable, Current 70M USD -8.07%
Employee-related Liabilities, Current 174M USD -7.55%
Contract with Customer, Liability, Current 497M USD +3.61%
Liabilities, Current 1.51B USD -10.4%
Long-term Debt and Lease Obligation 3.12B USD +1.39%
Deferred Income Tax Liabilities, Net 96.5M USD -53.1%
Operating Lease, Liability, Noncurrent 3.9B USD +39.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -166K USD +43.5%
Retained Earnings (Accumulated Deficit) -279M USD -170%
Stockholders' Equity Attributable to Parent 810M USD -45%
Liabilities and Equity 9.56B USD +2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -137M USD -197%
Net Cash Provided by (Used in) Financing Activities -48.1M USD +63.5%
Net Cash Provided by (Used in) Investing Activities 98.8M USD
Common Stock, Shares Authorized 240M shares 0%
Common Stock, Shares, Issued 111M shares +0.42%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -86.2M USD -47.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 845M USD -31.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 39.9M USD +24.7%
Deferred Tax Assets, Valuation Allowance 17.7M USD +62.7%
Deferred Tax Assets, Gross 1.39B USD +30.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -677M USD -64%
Operating Lease, Liability, Current 244M USD +21%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +15.4%
Deferred Income Tax Expense (Benefit) -15M USD +60.4%
Deferred Tax Assets, Operating Loss Carryforwards 329M USD -3.25%
Preferred Stock, Shares Authorized 10M shares 0%
Operating Lease, Payments 121M USD +34.8%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 328M USD +2.89%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%