This module uses fundamental data of Spring Airlines to approximate its Piotroski F score. Spring Airlines F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Spring Airlines Co. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Spring Airlines financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Spring Airlines Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Spring
Piotroski F Score
Other Cashflows From Financing Activities
Dividends Paid
Capital Expenditures
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
Other Cashflows From Investing Activities
Change To Inventory
Investments
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Net Borrowings
Total Cashflows From Investing Activities
Depreciation
Change To Account Receivables
Change To Netincome
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Total Assets
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
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Retained Earnings
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Net Receivables
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Other Current Assets
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Common Stock
Property Plant Equipment
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Total Current Assets
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Non Current Assets Total
Non Currrent Assets Other
Non Current Liabilities Total
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Net Debt
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Net Invested Capital
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Capital Stock
Property Plant And Equipment Net
Property Plant And Equipment Gross
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Selling General Administrative
Total Revenue
Operating Income
Cost Of Revenue
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Net Income Applicable To Common Shares
Income Tax Expense
Research Development
Gross Profit
Other Operating Expenses
Net Income From Continuing Ops
Ebit
Total Operating Expenses
Total Other Income Expense Net
Tax Provision
Net Interest Income
Interest Income
Minority Interest
Ebitda
Reconciled Depreciation
Probability Of Bankruptcy
The current year's Net Debt is expected to grow to about 3.8 B, whereas Long Term Debt is forecasted to decline to about 6.2 B.
At this time, it appears that Spring Airlines' Piotroski F Score is Inapplicable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
The critical factor to consider when applying the Piotroski F Score to Spring Airlines is to make sure Spring is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Spring Airlines' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Spring Airlines' financial numbers are properly reported.
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Spring Airlines' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Spring Airlines in a much-optimized way.
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
Long Term Debt
6.24 Billion
At present, Spring Airlines' Long Term Debt is projected to increase significantly based on the last few years of reporting.
About Spring Airlines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spring Airlines Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spring Airlines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spring Airlines Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Spring Airlines financial ratios help investors to determine whether Spring Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spring with respect to the benefits of owning Spring Airlines security.