Spirit Historical Financial Ratios

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Spirit Airlines is promptly reporting on over 110 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 10.78, Invested Capital of 0.0, Average Payables of 0.0 or Stock Based Compensation To Revenue of 0.0022 will help investors to properly organize and evaluate Spirit Airlines financial condition quickly.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Airlines. 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.
For information on how to trade Spirit Stock refer to our How to Trade Spirit Stock guide.

About Spirit Financial Ratios Analysis

Spirit AirlinesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Spirit Airlines investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Spirit financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Spirit Airlines history.

Spirit Airlines Financial Ratios Chart

At present, Spirit Airlines' Inventory Turnover is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.23, whereas PTB Ratio is forecasted to decline to 1.16.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Spirit Airlines stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Spirit Airlines sales, a figure that is much harder to manipulate than other Spirit Airlines multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Spirit Airlines dividend as a percentage of Spirit Airlines stock price. Spirit Airlines dividend yield is a measure of Spirit Airlines stock productivity, which can be interpreted as interest rate earned on an Spirit Airlines investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most ratios from Spirit Airlines' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Spirit Airlines current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Airlines. 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.
For information on how to trade Spirit Stock refer to our How to Trade Spirit Stock guide.At present, Spirit Airlines' Inventory Turnover is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.23, whereas PTB Ratio is forecasted to decline to 1.16.
 2023 2024 (projected)
Dividend Yield0.02370.021
Price To Sales Ratio0.330.32

Spirit Airlines fundamentals Correlations

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Click cells to compare fundamentals

Spirit Airlines Account Relationship Matchups

Spirit Airlines fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio0.721.140.710.420.330.32
Ptb Ratio1.220.921.091.351.581.16
Days Sales Outstanding9.0438.418.8416.8213.998.13
Book Value Per Share33.0526.5620.1314.4510.3910.78
Free Cash Flow Yield0.0786(0.37)(0.0617)(0.17)(0.29)(0.28)
Operating Cash Flow Per Share8.06(2.66)1.99(0.82)(2.26)(2.15)
Stock Based Compensation To Revenue0.0021290.0063950.003880.0022660.0022310.002174
Capex To Depreciation1.491.971.180.840.860.82
Pb Ratio1.220.921.091.351.581.16
Ev To Sales1.42.861.881.381.461.1
Free Cash Flow Per Share3.17(9.14)(1.35)(3.25)(4.8)(4.56)
Roic0.0659(0.0491)(0.007143)(0.0608)(0.0492)(0.0517)
Net Income Per Share4.9(5.06)(4.5)(5.1)(4.1)(3.89)
Days Of Inventory On Hand(2.72)(24.71)(4.61)9.1310.59.98
Payables Turnover64.6876.5566.7157.15113.3562.62
Cash Per Share15.8522.3913.7113.378.968.06
Pocfratio5.0(9.19)10.98(23.8)(7.25)(6.89)
Interest Coverage5.64(4.28)(0.47)(5.94)(4.05)(3.84)
Capex To Operating Cash Flow0.61(2.44)1.68(2.97)(1.12)(1.07)
Pfcf Ratio12.72(2.67)(16.22)(6.0)(3.41)(3.58)
Days Payables Outstanding5.644.775.476.393.223.06
Income Quality1.640.53(0.44)0.160.550.76
Roe0.15(0.19)(0.22)(0.35)(0.39)(0.37)
Ev To Operating Cash Flow9.72(23.0)29.1(78.47)(31.84)(30.25)
Pe Ratio8.23(4.83)(4.85)(3.82)(4.0)(3.8)
Return On Tangible Assets0.0476(0.051)(0.0553)(0.0603)(0.0475)(0.0451)
Ev To Free Cash Flow24.72(6.69)(42.96)(19.77)(14.99)(15.74)
Earnings Yield0.03940.12(0.21)(0.26)(0.25)(0.24)
Net Debt To E B I T D A3.38(5.94)(26.14)27.05(223.57)(212.39)
Current Ratio1.611.251.761.440.91.24
Tangible Book Value Per Share33.0526.5620.1314.4510.3910.78
Receivables Turnover40.49.5119.3821.726.124.79
Graham Number60.3655.045.1540.7130.9627.73
Shareholders Equity Per Share33.0526.5620.1314.4510.3910.78
Debt To Equity1.582.182.423.956.116.42
Capex Per Share4.896.483.342.432.543.52
Graham Net Net(53.15)(49.4)(46.48)(55.03)(64.97)(61.72)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Airlines. 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.
For information on how to trade Spirit Stock refer to our How to Trade Spirit Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Passenger Airlines space 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
(5.62)
Revenue Per Share
46.897
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.05)
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.