Spirit Airlines, Inc. (SAVEQ)

Spirit Airlines Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	902.06	865.21	1,346	1,334	1,790
Short-Term Investments	118.33	112.5	107.12	106.31	106.34
Cash & Short-Term Investments	1,020	977.71	1,453	1,440	1,896
Cash Growth	4.37%	-32.73%	0.95%	-24.06%	74.87%
Accounts Receivable	178.96	205.47	197.28	128.83	42.94
Other Receivables	-	-	36.26	37.89	147.46
Receivables	178.96	205.47	233.54	166.72	190.4
Prepaid Expenses	278.37	207.7	187.59	140.55	122.68
Restricted Cash	168.39	119.4	119.39	95.4	71.4
Other Current Assets	463.02	1.85	-	-	75.43
Total Current Assets	2,109	1,512	1,994	1,842	2,356
Property, Plant & Equipment	7,077	7,080	6,449	5,807	5,249
Long-Term Deferred Charges	241.09	313.51	190.35	330.06	347.91
Other Long-Term Assets	168.44	511.45	551.37	560.36	445.55
Total Assets	9,595	9,417	9,185	8,540	8,399
Accounts Payable	32.39	42.1	75.45	44.95	28.45
Accrued Expenses	570.84	705.3	556.33	480.75	393.61
Current Portion of Long-Term Debt	436.34	315.58	346.89	208.95	383.5
Current Portion of Leases	257.99	224.87	188.3	158.63	134.49
Current Unearned Revenue	436.81	383.75	429.62	382.32	401.97
Other Current Liabilities	35	-	-	-	-
Total Current Liabilities	1,769	1,672	1,597	1,276	1,342
Long-Term Debt	1,761	3,055	3,200	2,976	3,066
Long-Term Leases	4,335	3,299	2,456	1,751	1,250
Long-Term Unearned Revenue	122.6	138.35	104.5	47.74	52.06
Long-Term Deferred Tax Liabilities	51.93	107.76	226.84	375.47	439.89
Other Long-Term Liabilities	1,635	11.1	29.2	-	-
Total Liabilities	9,675	8,283	7,613	6,426	6,149
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,174	1,158	1,146	1,132	799.55
Retained Earnings	-1,173	56.76	504.22	1,058	1,525
Treasury Stock	-81.29	-80.64	-78	-75.64	-74.12
Comprehensive Income & Other	0.19	-0.07	-0.6	-0.53	-0.62
Shareholders' Equity	-80.13	1,134	1,572	2,114	2,250
Total Liabilities & Equity	9,595	9,417	9,185	8,540	8,399
Total Debt	6,791	6,895	6,191	5,095	4,833
Net Cash (Debt)	-5,770	-5,917	-4,738	-3,655	-2,937
Net Cash Per Share	-52.70	-54.21	-43.56	-34.81	-34.68
Filing Date Shares Outstanding	109.53	109.48	109.12	108.6	97.78
Total Common Shares Outstanding	109.53	109.26	108.94	108.43	97.69
Working Capital	339.76	-159.47	397.4	566.89	1,014
Book Value Per Share	-0.73	10.38	14.43	19.50	23.03
Tangible Book Value	-80.13	1,134	1,572	2,114	2,250
Tangible Book Value Per Share	-0.73	10.38	14.43	19.50	23.03
Machinery	2,736	3,962	4,327	4,357	4,178

Source: S&P Global Market Intelligence. Standard template. Financial Sources.