Spirit Airlines Statistics
Total Valuation
SAVE has a market cap or net worth of $274.89 million. The enterprise value is $6.84 billion.
Important Dates
The next estimated earnings date is Thursday, October 24, 2024, before market open.
| Earnings Date | Oct 24, 2024 |
| Ex-Dividend Date | Feb 22, 2024 |
Share Statistics
SAVE has 109.52 million shares outstanding. The number of shares has increased by 0.29% in one year.
| Shares Outstanding | 109.52M |
| Shares Change (YoY) | +0.29% |
| Shares Change (QoQ) | +0.07% |
| Owned by Insiders (%) | 0.72% |
| Owned by Institutions (%) | 35.85% |
| Float | 108.73M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.05 |
| Forward PS | 0.05 |
| PB Ratio | 0.34 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.33 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.94, with a Debt / Equity ratio of 9.15.
| Current Ratio | 0.94 |
| Quick Ratio | 0.70 |
| Debt / Equity | 9.15 |
| Debt / EBITDA | 27.80 |
| Debt / FCF | n/a |
| Interest Coverage | -4.15 |
Financial Efficiency
Return on equity (ROE) is -59.35% and return on invested capital (ROIC) is -5.34%.
| Return on Equity (ROE) | -59.35% |
| Return on Assets (ROA) | -4.51% |
| Return on Capital (ROIC) | -5.34% |
| Revenue Per Employee | $389,362 |
| Profits Per Employee | -$51,399 |
| Employee Count | 13,167 |
| Asset Turnover | 0.54 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -101.85M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -84.56% in the last 52 weeks. The beta is 1.38, so SAVE's price volatility has been higher than the market average.
| Beta (5Y) | 1.38 |
| 52-Week Price Change | -84.56% |
| 50-Day Moving Average | 2.88 |
| 200-Day Moving Average | 6.25 |
| Relative Strength Index (RSI) | 40.92 |
| Average Volume (20 Days) | 3,301,007 |
Short Selling Information
The latest short interest is 34.72 million, so 31.70% of the outstanding shares have been sold short.
| Short Interest | 34.72M |
| Short Previous Month | 31.79M |
| Short % of Shares Out | 31.70% |
| Short % of Float | 31.93% |
| Short Ratio (days to cover) | 6.65 |
Income Statement
In the last 12 months, SAVE had revenue of $5.13 billion and -$676.77 million in losses. Loss per share was -$6.20.
| Revenue | 5.13B |
| Gross Profit | 508.92M |
| Operating Income | -682.98M |
| Pretax Income | -778.61M |
| Net Income | -676.77M |
| EBITDA | -478.67M |
| EBIT | -682.98M |
| Loss Per Share | -$6.20 |
Full Income StatementBalance Sheet
The company has $840.08 million in cash and $7.41 billion in debt, giving a net cash position of -$6.57 billion or -$59.95 per share.
| Cash & Cash Equivalents | 840.08M |
| Total Debt | 7.41B |
| Net Cash | -6.57B |
| Net Cash Per Share | -$59.95 |
| Equity (Book Value) | 809.66M |
| Book Value Per Share | 7.39 |
| Working Capital | -85.88M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$647.37 million and capital expenditures -$149.14 million, giving a free cash flow of -$796.51 million.
| Operating Cash Flow | -647.37M |
| Capital Expenditures | -149.14M |
| Free Cash Flow | -796.51M |
| FCF Per Share | -$7.27 |
Full Cash Flow StatementMargins
Gross margin is 9.93%, with operating and profit margins of -13.32% and -13.20%.
| Gross Margin | 9.93% |
| Operating Margin | -13.32% |
| Pretax Margin | -15.19% |
| Profit Margin | -13.20% |
| EBITDA Margin | -9.34% |
| EBIT Margin | -13.32% |
| FCF Margin | -5.59% |
Dividends & Yields
This stock pays an annual dividend of $1.14, which amounts to a dividend yield of 45.57%.
| Dividend Per Share | $1.14 |
| Dividend Yield | 45.57% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | n/a |
| Buyback Yield | -0.29% |
| Shareholder Yield | 45.28% |
| Earnings Yield | -246.19% |
| FCF Yield | -289.75% |
Dividend DetailsAnalyst Forecast
The average price target for SAVE is $2.61, which is 3.98% higher than the current price. The consensus rating is "Sell".
| Price Target | $2.61 |
| Price Target Difference | 3.98% |
| Analyst Consensus | Sell |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 0.33 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.33 |
| Piotroski F-Score | 1 |