Spring Airlines Co Stock Total Asset

601021 Stock   56.05  0.41  0.73%   
Spring Airlines Co fundamentals help investors to digest information that contributes to Spring Airlines' financial success or failures. It also enables traders to predict the movement of Spring Stock. The fundamental analysis module provides a way to measure Spring Airlines' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spring Airlines stock.
Last ReportedProjected for Next Year
Total Assets44.2 B25.5 B
As of December 4, 2024, Total Assets is expected to decline to about 25.5 B.
  
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Spring Airlines Co Company Total Asset Analysis

Spring Airlines' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

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Tangible Assets

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Intangible Assets

More About Total Asset | All Equity Analysis

Current Spring Airlines Total Asset

    
  44.24 B  
Most of Spring Airlines' fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spring Airlines Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Spring Total Assets

Total Assets

25.5 Billion

At present, Spring Airlines' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Spring Airlines Co has a Total Asset of 44.24 B. This is much higher than that of the Passenger Airlines sector and significantly higher than that of the Industrials industry. The total asset for all China stocks is 50.13% lower than that of the firm.

Spring Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spring Airlines' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spring Airlines could also be used in its relative valuation, which is a method of valuing Spring Airlines by comparing valuation metrics of similar companies.
Spring Airlines is currently under evaluation in total asset category among its peers.

Spring Fundamentals

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.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in Spring Stock

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.