Spirit Airlines Stock

Spirit Airlines Liabilities 2024

Spirit Airlines Liabilities

8.28 B USD

Ticker

SAVE

ISIN

US8485771021

WKN

A1CX36

In 2024, Spirit Airlines's total liabilities amounted to 8.28 B USD, a 8.8% difference from the 7.61 B USD total liabilities 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.

Liabilities Details

Assessing Spirit Airlines's Liabilities

Spirit Airlines's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Spirit Airlines's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Spirit Airlines's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Spirit Airlines's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Spirit Airlines’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Spirit Airlines stock

What is the level of liabilities of Spirit Airlines this year?

Spirit Airlines has a debt balance of 8.28 B USD this year.

What were the liabilities of Spirit Airlines compared to the previous year?

The liabilities of Spirit Airlines have increased by 8.8% increased compared to the previous year.

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

High liabilities can pose a risk for investors of Spirit Airlines, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Spirit Airlines?

Low liabilities mean that Spirit Airlines has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Spirit Airlines affect the company?

An increase in liabilities of Spirit Airlines can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Spirit Airlines affect the company?

A decrease in the liabilities of Spirit Airlines can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

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

Why is the level of liabilities of Spirit Airlines so important for investors?

The liabilities of Spirit Airlines are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Spirit Airlines take to modify the liabilities?

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

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 49.59 %. 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 49.59 %.

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 49.59 %.

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.

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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.