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Volato Group (Volato Group) Debt-to-Revenue : 0.69 (As of Mar. 2024)


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What is Volato Group Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Volato Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $21.35 Mil. Volato Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $14.90 Mil. Volato Group's annualized Revenue for the quarter that ended in Mar. 2024 was $52.84 Mil. Volato Group's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.69.

Volato Group Debt-to-Revenue Historical Data

The historical data trend for Volato Group's Debt-to-Revenue 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.

Volato Group Debt-to-Revenue Chart

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Revenue
5.68 0.31 0.41

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial - 0.97 0.39 N/A 0.69

Competitive Comparison of Volato Group's Debt-to-Revenue

For the Airports & Air Services subindustry, Volato Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Volato Group's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Volato Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Volato Group's Debt-to-Revenue falls into.


Volato Group Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Volato Group's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(20.666 + 9.019) / 73.338
=0.40

Volato Group's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(21.345 + 14.901) / 52.844
=0.69

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.

Volato Group Debt-to-Revenue Related Terms

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Volato Group (Volato Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Volato Group Inc (AMEX:SOAR.WS) » Definitions » Debt-to-Revenue
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SOAR:USA
Address
1954 Airport Road, Suite 124, Chamblee, GA, USA, 30341
Website
https://www.flyvolato.com
Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and manages aircraft for owners in the private aviation industry. The Volato aircraft ownership program consists of facilitating the formation of limited liability companies owned by third-party members. Subsequently, the Company sells an aircraft to each limited liability company.

Volato Group (Volato Group) Headlines

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