Spirit Airlines (Spirit Airlines) Total Stockholders Equity : $1,134 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Spirit Airlines Total Stockholders Equity?

Spirit Airlines's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,134 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Spirit Airlines's Book Value per Share for the quarter that ended in Dec. 2023 was $10.38. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Spirit Airlines's Debt-to-Equity for the quarter that ended in Dec. 2023 was 6.11.

Spirit Airlines Total Stockholders Equity Historical Data

The historical data trend for Spirit Airlines's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spirit Airlines Total Stockholders Equity Chart

Spirit Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

Get a 7-Day Free Trial

2,261.33

2,249.70

2,114.04

1,571.65

1,134.34

Spirit Airlines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Stockholders Equity	Get a 7-Day Free Trial															1,571.65	1,469.85	1,471.07	1,316.05	1,134.34

Spirit Airlines (NYSE:SAVE) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Spirit Airlines's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1134.342	-	0)	/	109.263
	=	10.38

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

Spirit Airlines's Debt-to-Equity for the quarter that ended in Dec. 2023 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(576.56	+	6354.092)	/	1134.342
	=	6.11

Spirit Airlines Total Stockholders Equity Related Terms

Thank you for viewing the detailed overview of Spirit Airlines's Total Stockholders Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Spirit Airlines (Spirit Airlines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Spirit Airlines Inc (NYSE:SAVE) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

SAVE:Mexico S64:Germany S64:Germany

Address

2800 Executive Way, Miramar, FL, USA, 33025

Website

https://www.spirit.com

Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.

Executives

Rocky Wiggins	officer: SVP and CIO	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Melinda C Grindle	officer: SVP & CHRO	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Robert D Johnson	director	HONEYWELL, 1944 E SKY HARBOR CIRCLE, PHOENIX AZ 85034
Brian J. Mcmenamy	officer: VP & Controller	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Laurie Villa	officer: SVP and CHRO	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
John A. Bendoraitis	officer: EVP and COO	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Thomas C Canfield	officer: SVP, GC & Secretary	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Kevin Blake Vanier	officer: VP of FP & A	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Christine P Richards	director	942 SOUTH SHADY GROVE ROAD, MEMPHIS TN 38120
Mark B Dunkerley	director
H. Mcintyre Gardner	director	C/O SPIRIT AIRLINES, 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Christie Edward M Iii	officer: Chief Financial Officer	S/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Robert L Fornaro	director	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Matthew H Klein	officer: SVP and CCO	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Dawn M. Zier	director	600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034