Spirit Airlines Stock

Spirit Airlines ROA 2024

Spirit Airlines ROA

-0.05

Ticker

SAVE

ISIN

US8485771021

WKN

A1CX36

In 2024, Spirit Airlines's return on assets (ROA) was -0.05, a -21.25% increase from the -0.06 ROA 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.

ROA Details

Understanding Spirit Airlines's Return on Assets (ROA)

Spirit Airlines's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Spirit Airlines's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Spirit Airlines's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Spirit Airlines’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Spirit Airlines stock

What is the Return on Assets (ROA) of Spirit Airlines this year?

The Return on Assets (ROA) of Spirit Airlines is -0.05 undefined this year.

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

The ROA of Spirit Airlines has increased by -21.25% compared to the previous year.

What consequences do high ROA have for investors of Spirit Airlines?

A high ROA is advantageous for investors of Spirit Airlines, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Spirit Airlines?

A low ROA can be unfavorable for investors of Spirit Airlines as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

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

An increase in ROA of Spirit Airlines can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Spirit Airlines impact the company?

A reduction in the ROA of Spirit Airlines can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Spirit Airlines?

Some factors that can influence the ROA of Spirit Airlines include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Spirit Airlines important for investors?

The ROA of Spirit Airlines is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Spirit Airlines take to improve ROA?

To improve ROA, Spirit Airlines can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 46.15 %. 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 46.15 %.

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 46.15 %.

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.