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Spirit Airlines Inc (NAS:SAVE)
Total Equity
$809 Mil (As of Mar. 2014)

Spirit Airlines Inc's total equity for the quarter that ended in Mar. 2014 was $809 Mil.

Total equity is used to calculate book value per share. Spirit Airlines Inc's book value per share for the quarter that ended in Mar. 2014 was $11.14. The ratio of a company’s debt over equity can be used to measure how leveraged this company is. Spirit Airlines Inc's debt to equity ratio for the quarter that ended in Mar. 2014 was 0.00.


Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Spirit Airlines Inc's Total Equity for the fiscal year that ended in Dec. 2013 is calculated as

Total Equity=Total Assets(Q: Mar. 2014 )-Total Liabilities(Q: Mar. 2014 )
=1180.765-411.648
=769

Spirit Airlines Inc's Total Equity for the quarter that ended in Mar. 2014 is calculated as

Total Equity=Total Assets(Q: Mar. 2014 )-Total Liabilities(Q: Mar. 2014 )
=1299.255-489.878
=809

Total Equity
=Preferred Stock+Common Stock+Additional Paid-In Capital+Retained Earnings
=0+0.007+518.506+293.776
+Treasury Stock+GainsLossesNotAffectingRetainedEarnings
+-2.912+7.90478793533E-14
=809

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

1. Total equity is used to calculate book value per share.

Spirit Airlines Inc's Book Value Per Share for the quarter that ended in Mar. 2014 is

2. The ratio of a company’s debt over equity can be used to measure how leveraged this company is.

Spirit Airlines Inc's Debt to Equity Ratio for the quarter that ended in Mar. 2014 is

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Total Assets, Total Liabilities, Preferred Stock, Common Stock, Retained Earnings, Treasury Stock, Book Value per Share, Total Shares Outstanding, Current Portion of Long-Term Debt, Long-Term Debt, Additional Paid-In Capital


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Spirit Airlines Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13
Total Equity 0000-262-178-105467583769

Spirit Airlines Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Total Equity 467491527560583615658724769809
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