Spirit Airlines Performance
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Spirit Airlines are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Spirit Airlines has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Spirit Airlines is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 1.5 B |
Spirit |
Spirit Airlines Relative Risk vs. Return Landscape
If you would invest (100.00) in Spirit Airlines on December 21, 2024 and sell it today you would earn a total of 100.00 from holding Spirit Airlines or generate -100.0% return on investment over 90 days. Spirit Airlines is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Spirit, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Spirit Airlines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spirit Airlines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spirit Airlines, and traders can use it to determine the average amount a Spirit Airlines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Spirit Airlines is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Spirit Airlines by adding Spirit Airlines to a well-diversified portfolio.
Spirit Airlines Fundamentals Growth
Spirit Stock prices reflect investors' perceptions of the future prospects and financial health of Spirit Airlines, and Spirit Airlines fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Spirit Stock performance.
| Return On Equity | -0.59 | |||
| Return On Asset | -0.0451 | |||
| Profit Margin | (0.13) % | |||
| Operating Margin | (0.13) % | |||
| Current Valuation | 6.6 B | |||
| Shares Outstanding | 109.52 M | |||
| Price To Earning | 4.55 X | |||
| Price To Book | 0.02 X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 5.36 B | |||
| EBITDA | (101.89 M) | |||
| Cash And Equivalents | 1.06 B | |||
| Cash Per Share | 9.73 X | |||
| Total Debt | 6.93 B | |||
| Debt To Equity | 2.88 % | |||
| Book Value Per Share | 7.39 X | |||
| Cash Flow From Operations | (246.66 M) | |||
| Earnings Per Share | (6.20) X | |||
| Total Asset | 9.42 B | |||
| Retained Earnings | 56.76 M | |||
| Current Asset | 1.03 B | |||
| Current Liabilities | 466.24 M | |||
Things to note about Spirit Airlines performance evaluation
Checking the ongoing alerts about Spirit Airlines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Spirit Airlines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Spirit Airlines is not yet fully synchronised with the market data | |
| Spirit Airlines has some characteristics of a very speculative penny stock | |
| Spirit Airlines has a very high chance of going through financial distress in the upcoming years | |
| Spirit Airlines currently holds 6.93 B in liabilities with Debt to Equity (D/E) ratio of 2.88, implying the company greatly relies on financing operations through barrowing. Spirit Airlines has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Spirit Airlines' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 5.36 B. Net Loss for the year was (447.46 M) with profit before overhead, payroll, taxes, and interest of 973.03 M. | |
| Spirit Airlines currently holds about 1.06 B in cash with (246.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.73. |
- Analyzing Spirit Airlines' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Spirit Airlines' stock is overvalued or undervalued compared to its peers.
- Examining Spirit Airlines' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Spirit Airlines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spirit Airlines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spirit Airlines' stock. These opinions can provide insight into Spirit Airlines' potential for growth and whether the stock is currently 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.
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