Spirit Net Working Capital from 2010 to 2024

SAVE Stock  USD 3.71  0.03  0.82%   
Spirit Airlines' Net Working Capital is decreasing over the years with slightly volatile fluctuation. Overall, Net Working Capital is projected to go to about -151.5 M this year. During the period from 2010 to 2024 Spirit Airlines Net Working Capital annual values regression line had geometric mean of  485,994,878 and mean square error of 66794.1 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
-159.5 M
Current Value
-151.5 M
Quarterly Volatility
308.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spirit Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spirit main balance sheet or income statement drivers, such as Depreciation And Amortization of 336.9 M, Interest Expense of 128.6 M or Selling General Administrative of 164.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.021 or PTB Ratio of 1.16. Spirit financial statements analysis is a perfect complement when working with Spirit Airlines Valuation or Volatility modules.
  
This module can also supplement Spirit Airlines' financial leverage analysis and stock options assessment as well as various Spirit Airlines Technical models . Check out the analysis of Spirit Airlines Correlation against competitors.
For information on how to trade Spirit Stock refer to our How to Trade Spirit Stock guide.

Latest Spirit Airlines' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Spirit Airlines over the last few years. It is Spirit Airlines' Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spirit Airlines' overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Spirit Net Working Capital Regression Statistics

Arithmetic Mean501,166,283
Geometric Mean485,994,878
Coefficient Of Variation61.55
Mean Deviation219,309,451
Median633,234,000
Standard Deviation308,446,150
Sample Variance95139T
Range1.2B
R-Value(0.59)
Mean Square Error66794.1T
R-Squared0.35
Significance0.02
Slope(40,691,483)
Total Sum of Squares1331946.4T

Spirit Net Working Capital History

2024-151.5 M
2023-159.5 M
2022397.4 M
2021566.9 M
2020B
2019273.4 M
2018510.9 M

About Spirit Airlines Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Spirit Airlines income statement, its balance sheet, and the statement of cash flows. Spirit Airlines investors use historical funamental indicators, such as Spirit Airlines's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Spirit Airlines investors may use each financial statement separately, they are all related. The changes in Spirit Airlines's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Spirit Airlines's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Spirit Airlines Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Spirit Airlines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital-159.5 M-151.5 M

Currently Active Assets on Macroaxis

When determining whether Spirit Airlines is a strong investment it is important to analyze Spirit Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spirit Airlines' future performance. For an informed investment choice regarding Spirit Stock, refer to the following important reports:
Check out the analysis of Spirit Airlines Correlation against competitors.
For information on how to trade Spirit Stock refer to our How to Trade Spirit Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Spirit Airlines' price analysis, check to measure Spirit Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spirit Airlines is operating at the current time. Most of Spirit Airlines' value examination focuses on studying past and present price action to predict the probability of Spirit Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Airlines' price. Additionally, you may evaluate how the addition of Spirit Airlines to your portfolios can decrease your overall portfolio volatility.
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Is Spirit Airlines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spirit Airlines. If investors know Spirit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spirit Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
(4.10)
Revenue Per Share
49.129
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.03)
The market value of Spirit Airlines is measured differently than its book value, which is the value of Spirit that is recorded on the company's balance sheet. Investors also form their own opinion of Spirit Airlines' value that differs from its market value or its book value, called intrinsic value, which is Spirit Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spirit Airlines' market value can be influenced by many factors that don't directly affect Spirit Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spirit Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spirit Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spirit Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.