Spirit Airlines Stock

Spirit Airlines Debt 2024

Spirit Airlines Debt

2,505.59 USD

Ticker

SAVE

ISIN

US8485771021

WKN

A1CX36

In 2024, Spirit Airlines's total debt was 2,505.59 USD, a 13.84% change from the 2,200.9 USD total debt recorded in the previous year.

Spirit Airlines Aktienanalyse

What does Spirit Airlines do?

Spirit Airlines Inc is a US-based low-cost airline that has been in operation since 1983 and is headquartered in Miramar, Florida. The company specializes in affordable flights within the US, to Latin America, and the Caribbean, and is one of the largest low-cost airlines in North America. Spirit Airlines' business model is based on low prices and a lean operating model, which focuses on cost optimization and fast flight operations. The history of Spirit Airlines dates back to the early 1980s when it was established as a charter airline for transporting cargo and passengers between the US and the Caribbean. In 1992, the company was converted into a scheduled airline and began operating flights between Boston and Providence. Since then, Spirit Airlines has expanded its route network and now flies to over 70 destinations in North, Central, and South America. The core business of Spirit Airlines is domestic flights within the US and flights to the Caribbean and Latin America. The airline attracts travelers by offering competitive prices. It largely avoids costly extras such as onboard meals, seat reservations, or checked baggage. Instead, passengers can add additional services for an extra fee, such as more legroom or priority boarding. The company has faced criticism in the past for its practices, as the booking process often does not clearly display all costs, resulting in many passengers paying more than planned. Spirit Airlines operates a fleet of around 150 aircraft, primarily consisting of Airbus A320 models and its variants, as well as Boeing 737-800s. The airline also offers cargo transfer services and operates a subsidiary, Spirit Airlines Technical Operations, which handles aircraft maintenance and repairs. Additionally, there is a partnership with the rental car company Hertz, allowing customers to reserve a rental car during their flight booking. Overall, Spirit Airlines is known for its affordable fares but also for its critical approach towards customers and a lack of onboard comfort and additional services. However, in recent years, the company has taken steps to improve its image, such as investing in modern aircraft and upgrades for in-flight entertainment. The customer service initiative "Spirit Airlines Starting From The Heart" has also been launched to optimize the travel experience and satisfy passengers. All in all, Spirit Airlines has become one of the most well-known low-cost airlines in North America, offering an extensive route network at budget prices. While the company has been criticized in the past for its limited services and non-transparent pricing, it has taken measures in recent years to improve the customer experience and enhance its reputation. Answer: Spirit Airlines is a US low-cost airline that specializes in affordable flights within the US, Latin America, and the Caribbean. It is known for its low prices and fast flight operations. The airline has faced criticism for its pricing practices in the past but has made efforts to improve customer experience. Spirit Airlines ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Spirit Airlines's Debt Structure

Spirit Airlines's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Spirit Airlines's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Spirit Airlines’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Spirit Airlines’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Spirit Airlines stock

What is the debt of Spirit Airlines this year?

Spirit Airlines has a debt level of 2,505.59 USD this year.

What was the debt of Spirit Airlines compared to the previous year?

The debt of Spirit Airlines has increased by 13.84% compared to the previous year increased.

What are the consequences of high debt for investors in Spirit Airlines?

High debt can pose a risk for investors of Spirit Airlines, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Spirit Airlines?

Low debt means that Spirit Airlines has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Spirit Airlines affect the company?

An increase in debt of Spirit Airlines can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Spirit Airlines affect the company?

A reduction in debt of Spirit Airlines can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Spirit Airlines?

Some factors that can influence the debt of Spirit Airlines include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Spirit Airlines so important for investors?

The debts of Spirit Airlines are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Spirit Airlines take to change the debt?

To change the debt, Spirit Airlines can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Spirit Airlines pay?

Over the past 12 months, Spirit Airlines paid a dividend of 1.2 USD . This corresponds to a dividend yield of about 48.58 %. For the coming 12 months, Spirit Airlines is expected to pay a dividend of 1.2 USD.

What is the dividend yield of Spirit Airlines?

The current dividend yield of Spirit Airlines is 48.58 %.

When does Spirit Airlines pay dividends?

Spirit Airlines pays a quarterly dividend. This is distributed in the months of December, January, February, March.

How secure is the dividend of Spirit Airlines?

Spirit Airlines paid dividends every year for the past 0 years.

What is the dividend of Spirit Airlines?

For the upcoming 12 months, dividends amounting to 1.2 USD are expected. This corresponds to a dividend yield of 48.58 %.

In which sector is Spirit Airlines located?

Spirit Airlines is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Spirit Airlines kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Spirit Airlines from 2/29/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 2/22/2024.

When did Spirit Airlines pay the last dividend?

The last dividend was paid out on 2/29/2024.

What was the dividend of Spirit Airlines in the year 2023?

In the year 2023, Spirit Airlines distributed 0 USD as dividends.

In which currency does Spirit Airlines pay out the dividend?

The dividends of Spirit Airlines are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Spirit Airlines

Our stock analysis for Spirit Airlines Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Spirit Airlines Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.