Spirit Airlines Financials
Based on the key indicators related to Spirit Airlines' liquidity, profitability, solvency, and operating efficiency, Spirit Airlines is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
Spirit |
Please note, the presentation of Spirit Airlines' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Spirit Airlines' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Spirit Airlines' management manipulating its earnings.
Spirit Airlines Stock Summary
Spirit Airlines competes with American Airlines, Delta Air, Southwest Airlines, United Airlines, and Sun Country. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida. Spirit Airlines operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 9823 people.Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US8485771021 |
Business Address | 2800 Executive Way, |
Sector | Passenger Airlines |
Industry | Industrials |
Benchmark | Dow Jones Industrial |
Website | www.spirit.com |
Phone | 954 447 7920 |
Currency | USD - US Dollar |
Spirit Airlines Key Financial Ratios
Return On Equity | -0.59 | |||
Return On Asset | -0.0451 | |||
Target Price | 1.5 | |||
Beta | 1.37 |
Spirit Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spirit Airlines's current stock value. Our valuation model uses many indicators to compare Spirit Airlines value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spirit Airlines competition to find correlations between indicators driving Spirit Airlines's intrinsic value. More Info.Spirit Airlines is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Spirit Airlines by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in Spirit Stock
If you are still planning to invest in Spirit Airlines check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Spirit Airlines' history and understand the potential risks before investing.
Global Correlations Find global opportunities by holding instruments from different markets | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |