Spirit Aviation Holdings, Inc. (FLYY)

Spirit Aviation Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	487.54	902.06	865.21	1,346	1,334	1,790
Short-Term Investments	119.58	118.33	112.5	107.12	106.31	106.34
Cash & Short-Term Investments	607.11	1,020	977.71	1,453	1,440	1,896
Cash Growth	-30.90%	4.37%	-32.73%	0.95%	-24.06%	74.87%
Accounts Receivable	211.93	178.96	205.47	197.28	128.83	42.94
Other Receivables	-	-	-	36.26	37.89	147.46
Receivables	211.93	178.96	205.47	233.54	166.72	190.4
Prepaid Expenses	242.53	278.37	207.7	187.59	140.55	122.68
Restricted Cash	270.52	168.39	119.4	119.39	95.4	71.4
Other Current Assets	447.56	463.02	1.85	-	-	75.43
Total Current Assets	1,780	2,109	1,512	1,994	1,842	2,356
Property, Plant & Equipment	6,752	7,077	7,080	6,449	5,807	5,249
Long-Term Deferred Charges	132.89	241.09	313.51	190.35	330.06	347.91
Other Long-Term Assets	162.26	168.44	511.45	551.37	560.36	445.55
Total Assets	8,910	9,595	9,417	9,185	8,540	8,399
Accounts Payable	101.21	32.39	42.1	75.45	44.95	28.45
Accrued Expenses	591.36	570.84	705.3	556.33	480.75	393.61
Current Portion of Long-Term Debt	191.38	436.34	315.58	346.89	208.95	383.5
Current Portion of Leases	238.88	257.99	224.87	188.3	158.63	134.49
Current Unearned Revenue	454.52	436.81	383.75	429.62	382.32	401.97
Other Current Liabilities	-	35	-	-	-	-
Total Current Liabilities	1,577	1,769	1,672	1,597	1,276	1,342
Long-Term Debt	2,231	1,761	3,055	3,200	2,976	3,066
Long-Term Leases	4,200	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	69.31	51.93	107.76	226.84	375.47	439.89
Other Long-Term Liabilities	108.7	1,635	11.1	29.2	-	-
Total Liabilities	8,187	9,675	8,283	7,613	6,426	6,149
Common Stock	0	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	734.37	1,174	1,158	1,146	1,132	799.55
Retained Earnings	-10.94	-1,173	56.76	504.22	1,058	1,525
Treasury Stock	-	-81.29	-80.64	-78	-75.64	-74.12
Comprehensive Income & Other	-0.02	0.19	-0.07	-0.6	-0.53	-0.62
Shareholders' Equity	723.41	-80.13	1,134	1,572	2,114	2,250
Total Liabilities & Equity	8,910	9,595	9,417	9,185	8,540	8,399
Total Debt	6,862	6,791	6,895	6,191	5,095	4,833
Net Cash (Debt)	-6,254	-5,770	-5,917	-4,738	-3,655	-2,937
Net Cash Per Share	-59.69	-52.70	-54.21	-43.56	-34.81	-34.68
Filing Date Shares Outstanding	24.58	109.53	109.48	109.12	108.6	97.78
Total Common Shares Outstanding	24.58	109.53	109.26	108.94	108.43	97.69
Working Capital	202.3	339.76	-159.47	397.4	566.89	1,014
Book Value Per Share	29.44	-0.73	10.38	14.43	19.50	23.03
Tangible Book Value	639.93	-80.13	1,134	1,572	2,114	2,250
Tangible Book Value Per Share	26.04	-0.73	10.38	14.43	19.50	23.03
Machinery	1,890	2,736	3,962	4,327	4,357	4,178

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