Spirit Airlines Statistics
Total Valuation
SAVE has a market cap or net worth of $402.88 million. The enterprise value is $6.20 billion.
| Market Cap | 402.88M |
| Enterprise Value | 6.20B |
Important Dates
The next confirmed earnings date is Monday, May 6, 2024, before market open.
| Earnings Date | May 6, 2024 |
| Ex-Dividend Date | Feb 22, 2024 |
Share Statistics
SAVE has 109.48 million shares outstanding. The number of shares has increased by 0.29% in one year.
| Shares Outstanding | 109.48M |
| Shares Change (YoY) | +0.29% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 0.64% |
| Owned by Institutions (%) | 60.04% |
| Float | 108.69M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 35.46 |
| PS Ratio | 0.08 |
| Forward PS | 0.07 |
| PB Ratio | 0.36 |
| P/FCF Ratio | n/a |
| PEG Ratio | 20.44 |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.16 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.91, with a Debt / Equity ratio of 6.08.
| Current Ratio | 0.91 |
| Quick Ratio | 0.78 |
| Debt / Equity | 6.08 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -2.30 |
Financial Efficiency
Return on equity (ROE) is -33.20% and return on invested capital (ROIC) is -6.17%.
| Return on Equity (ROE) | -33.20% |
| Return on Assets (ROA) | -4.80% |
| Return on Capital (ROIC) | -6.17% |
| Revenue Per Employee | $407,272 |
| Profits Per Employee | -$33,984 |
| Employee Count | 13,167 |
| Asset Turnover | 0.57 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -111.13M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -78.74% in the last 52 weeks. The beta is 1.34, so SAVE's price volatility has been higher than the market average.
| Beta (1Y) | 1.34 |
| 52-Week Price Change | -78.74% |
| 50-Day Moving Average | 5.03 |
| 200-Day Moving Average | 12.09 |
| Relative Strength Index (RSI) | 30.12 |
| Average Volume (30 Days) | 8,600,424 |
Short Selling Information
The latest short interest is 26.04 million, so 23.79% of the outstanding shares have been sold short.
| Short Interest | 26.04M |
| Short Previous Month | 22.00M |
| Short % of Shares Out | 23.79% |
| Short % of Float | 23.96% |
| Short Ratio (days to cover) | 3.37 |
Income Statement
In the last 12 months, SAVE had revenue of $5.36 billion and -$447.46 million in losses. Loss per share was -$4.10.
| Revenue | 5.36B |
| Gross Profit | 2.53B |
| Operating Income | -495.76M |
| Pretax Income | -558.60M |
| Net Income | -447.46M |
| EBITDA | -68.53M |
| EBIT | -389.40M |
| Loss Per Share | -$4.10 |
Balance Sheet
The company has $1.10 billion in cash and $6.89 billion in debt, giving a net cash position of -$5.80 billion or -$52.96 per share.
| Cash & Cash Equivalents | 1.10B |
| Total Debt | 6.89B |
| Net Cash | -5.80B |
| Net Cash Per Share | -$52.96 |
| Equity / Book Value | 1.13B |
| Book Value Per Share | 10.36 |
| Working Capital | -159.47M |
Cash Flow
In the last 12 months, operating cash flow was -$246.66 million and capital expenditures -$12.59 million, giving a free cash flow of -$259.25 million.
| Operating Cash Flow | -246.66M |
| Capital Expenditures | -12.59M |
| Free Cash Flow | -259.25M |
| FCF Per Share | -$2.38 |
Margins
Gross margin is 47.15%, with operating and profit margins of -9.24% and -8.34%.
| Gross Margin | 47.15% |
| Operating Margin | -9.24% |
| Pretax Margin | -10.42% |
| Profit Margin | -8.34% |
| EBITDA Margin | -1.28% |
| EBIT Margin | -7.26% |
| FCF Margin | -4.83% |
Dividends & Yields
This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 26.07%.
| Dividend Per Share | $0.96 |
| Dividend Yield | 26.07% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | n/a |
| Buyback Yield | -0.29% |
| Shareholder Yield | 25.79% |
| Earnings Yield | -111.07% |
| FCF Yield | -64.35% |
Analyst Forecast
The average price target for SAVE is $4.89, which is 32.88% higher than the current price. The consensus rating is "Sell".
| Price Target | $4.89 |
| Price Target Difference | 32.88% |
| 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 0.45 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.45 |
| Piotroski F-Score | 2 |