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Spirit Aviation HoldingsFLYYQ -50.00% Interest Coverage is 0 (At Loss) as of Dec. 2025. The stock has 5 warning signs investors should review. Among 842 Transportation companies, Spirit Aviation Holdings ranks worse than 118764.73% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Spirit Aviation Holdings's
Operating Income
for the
three
months ended in Dec. 2025 was $-186 Mil. Spirit Aviation Holdings's Interest Expense for the
three
months ended in Dec. 2025 was $-35 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Spirit Aviation Holdings's Interest Coverage or its related term are showing as below:
FLYYQ's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.77 * Ranked among companies with meaningful Interest Coverage only.
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Spirit Aviation Holdings Interest Coverage Related Terms
Spirit Aviation Holdings Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
FLYYQ vs APSI, YGMZF, TLSS: Interest Coverage Comparison
For the Airlines subindustry, Spirit Aviation Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
Spirit Aviation Holdings Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Spirit Aviation Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Spirit Aviation Holdings's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Spirit Aviation Holdings did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Spirit Aviation Holdings (FLYYQ) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Spirit Aviation Holdings and its competitors. According to the industry distribution chart, Spirit Aviation Holdings ranks #999999 out of 842 companies in the Transportation industry.
Is Spirit Aviation Holdings' Interest Coverage too high?
Spirit Aviation Holdings' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Spirit Aviation Holdings ranks #999999 out of 842 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does Spirit Aviation Holdings' Interest Coverage compare to APSI and YGMZF?
According to the Transportation industry distribution chart, Spirit Aviation Holdings ranks #999999 out of 842 companies for Interest Coverage. This places Spirit Aviation Holdings in the lower half of its industry. The industry median Interest Coverage is 5.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.77, based on 842 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Spirit Aviation Holdings and its competitors. For the Transportation industry, the median Interest Coverage is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirit Aviation Holdings's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Aviation Holdings stock overvalued right now?
Spirit Aviation Holdings (FLYYQ) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Spirit Aviation Holdings (FLYYQ), the current Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Spirit Aviation Holdings Inc is a low-fare carrier committed to offering an enhanced travel experience with flexible, affordable options. It flies only Airbus A320 family aircraft, which provides with operational and cost advantages compared to airlines that operate multiple aircraft types. The company operates in a single reportable segment that provides air transportation to passengers.
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