Spirit Airlines Statistics
Total Valuation
SAVE has a market cap or net worth of $399.68 million. The enterprise value is $6.55 billion.
| Market Cap | 399.68M |
| Enterprise Value | 6.55B |
Important Dates
The next estimated earnings date is Wednesday, July 31, 2024, after market close.
| Earnings Date | Jul 31, 2024 |
| Ex-Dividend Date | Feb 22, 2024 |
Share Statistics
SAVE has 109.50 million shares outstanding. The number of shares has increased by 0.32% in one year.
| Shares Outstanding | 109.50M |
| Shares Change (YoY) | +0.32% |
| Shares Change (QoQ) | +0.28% |
| Owned by Insiders (%) | 0.66% |
| Owned by Institutions (%) | 42.04% |
| Float | 108.66M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 35.46 |
| PS Ratio | 0.08 |
| Forward PS | 0.07 |
| PB Ratio | 0.40 |
| P/FCF Ratio | n/a |
| PEG Ratio | 20.44 |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.24 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.97, with a Debt / Equity ratio of 7.14.
| Current Ratio | 0.97 |
| Quick Ratio | 0.80 |
| Debt / Equity | 7.14 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -2.33 |
Financial Efficiency
Return on equity (ROE) is -39.50% and return on invested capital (ROIC) is -7.24%.
| Return on Equity (ROE) | -39.50% |
| Return on Assets (ROA) | -5.20% |
| Return on Capital (ROIC) | -7.24% |
| Revenue Per Employee | $400,874 |
| Profits Per Employee | -$36,925 |
| Employee Count | 13,167 |
| Asset Turnover | 0.56 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -87.83M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -78.87% in the last 52 weeks. The beta is 1.39, so SAVE's price volatility has been higher than the market average.
| Beta (5Y) | 1.39 |
| 52-Week Price Change | -78.87% |
| 50-Day Moving Average | 3.69 |
| 200-Day Moving Average | 8.93 |
| Relative Strength Index (RSI) | 49.30 |
| Average Volume (20 Days) | 5,327,277 |
Short Selling Information
The latest short interest is 29.00 million, so 26.49% of the outstanding shares have been sold short.
| Short Interest | 29.00M |
| Short Previous Month | 27.48M |
| Short % of Shares Out | 26.49% |
| Short % of Float | 26.69% |
| Short Ratio (days to cover) | 5.08 |
Income Statement
In the last 12 months, SAVE had revenue of $5.28 billion and -$486.19 million in losses. Loss per share was -$4.44.
| Revenue | 5.28B |
| Gross Profit | 2.49B |
| Operating Income | -590.70M |
| Pretax Income | -574.01M |
| Net Income | -486.19M |
| EBITDA | -77.58M |
| EBIT | -401.81M |
| Loss Per Share | -$4.44 |
Balance Sheet
The company has $1.01 billion in cash and $7.16 billion in debt, giving a net cash position of -$6.15 billion or -$56.15 per share.
| Cash & Cash Equivalents | 1.01B |
| Total Debt | 7.16B |
| Net Cash | -6.15B |
| Net Cash Per Share | -$56.15 |
| Equity (Book Value) | 1.00B |
| Book Value Per Share | 9.15 |
| Working Capital | -40.63M |
Cash Flow
In the last 12 months, operating cash flow was -$524.41 million and capital expenditures $154.39 million, giving a free cash flow of -$370.02 million.
| Operating Cash Flow | -524.41M |
| Capital Expenditures | 154.39M |
| Free Cash Flow | -370.02M |
| FCF Per Share | -$3.38 |
Margins
Gross margin is 47.10%, with operating and profit margins of -11.19% and -9.21%.
| Gross Margin | 47.10% |
| Operating Margin | -11.19% |
| Pretax Margin | -10.87% |
| Profit Margin | -9.21% |
| EBITDA Margin | -1.47% |
| EBIT Margin | -7.61% |
| FCF Margin | -7.01% |
Dividends & Yields
This stock pays an annual dividend of $0.77, which amounts to a dividend yield of 21.17%.
| Dividend Per Share | $0.77 |
| Dividend Yield | 21.17% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | n/a |
| Buyback Yield | -0.32% |
| Shareholder Yield | 20.84% |
| Earnings Yield | -121.64% |
| FCF Yield | -92.58% |
Analyst Forecast
The average price target for SAVE is $3.33, which is -8.77% lower than the current price. The consensus rating is "Sell".
| Price Target | $3.33 |
| Price Target Difference | -8.77% |
| Analyst Consensus | Sell |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
SAVE has an Altman Z-Score of 0.43 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.43 |
| Piotroski F-Score | 1 |