Spirit Airlines, Inc. (SAVEQ)

Spirit Airlines Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	423.55	865.21	1,346	1,334	1,790	978.96
Short-Term Investments	117.1	112.5	107.12	106.31	106.34	105.32
Cash & Short-Term Investments	540.65	977.71	1,453	1,440	1,896	1,084
Cash Growth	-41.82%	-32.73%	0.95%	-24.06%	74.87%	-2.10%
Accounts Receivable	230.08	205.47	197.28	128.83	42.94	73.81
Other Receivables	-	-	36.26	37.89	147.46	21.01
Receivables	230.08	205.47	233.54	166.72	190.4	94.82
Prepaid Expenses	276.37	209.55	187.59	140.55	122.68	101.14
Restricted Cash	170.09	119.4	119.39	95.4	71.4	-
Other Current Assets	-	-	-	-	75.43	105.21
Total Current Assets	1,217	1,512	1,994	1,842	2,356	1,385
Property, Plant & Equipment	7,816	7,080	6,449	5,807	5,249	4,900
Long-Term Deferred Charges	302.6	313.51	190.35	330.06	347.91	361.6
Other Long-Term Assets	157.51	511.45	551.37	560.36	445.55	396.51
Total Assets	9,493	9,417	9,185	8,540	8,399	7,043
Accounts Payable	49.64	42.1	75.45	44.95	28.45	43.6
Accrued Expenses	476.25	705.3	556.33	480.75	393.61	373.52
Current Portion of Long-Term Debt	1,253	315.34	346.89	208.95	383.5	214
Current Portion of Leases	256.14	225.1	188.3	158.63	134.49	165.51
Current Unearned Revenue	459.56	383.75	429.62	382.32	401.97	315.41
Other Current Liabilities	45.44	-	-	-	-	-
Total Current Liabilities	2,540	1,672	1,597	1,276	1,342	1,112
Long-Term Debt	1,986	3,055	3,200	2,976	3,066	1,959
Long-Term Leases	4,268	3,299	2,456	1,751	1,250	1,219
Long-Term Unearned Revenue	123.15	138.35	104.5	47.74	52.06	22.28
Long-Term Deferred Tax Liabilities	71.64	107.76	226.84	375.47	439.89	469.29
Other Long-Term Liabilities	-	11.1	29.2	-	-	-
Total Liabilities	8,989	8,283	7,613	6,426	6,149	4,782
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,172	1,158	1,146	1,132	799.55	379.38
Retained Earnings	-587.05	56.76	504.22	1,058	1,525	1,955
Treasury Stock	-81.28	-80.64	-78	-75.64	-74.12	-72.46
Comprehensive Income & Other	0.22	-0.07	-0.6	-0.53	-0.62	-0.79
Shareholders' Equity	503.75	1,134	1,572	2,114	2,250	2,261
Total Liabilities & Equity	9,493	9,417	9,185	8,540	8,399	7,043
Total Debt	7,764	6,895	6,191	5,095	4,833	3,558
Net Cash (Debt)	-7,223	-5,917	-4,738	-3,655	-2,937	-2,474
Net Cash Per Share	-66.02	-54.21	-43.56	-34.81	-34.68	-36.08
Filing Date Shares Outstanding	109.52	109.48	109.12	108.6	97.78	68.46
Total Common Shares Outstanding	109.52	109.26	108.94	108.43	97.69	68.46
Working Capital	-1,323	-159.47	397.4	566.89	1,014	273.4
Book Value Per Share	4.60	10.38	14.43	19.50	23.03	33.03
Tangible Book Value	503.75	1,134	1,572	2,114	2,250	2,261
Tangible Book Value Per Share	4.60	10.38	14.43	19.50	23.03	33.03
Machinery	3,789	3,962	4,327	4,357	4,178	3,731

Source: S&P Capital IQ. Standard template. Financial Sources.