GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Volato Group Inc (AMEX:SOAR.WS) » Definitions » Long-Term Debt

Volato Group (Volato Group) Long-Term Debt : $14.03 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Volato Group Long-Term Debt?

Volato Group's Long-Term Debt for the quarter that ended in Mar. 2024 was $14.03 Mil.

Volato Group's quarterly Long-Term Debt declined from Sep. 2023 ($18.40 Mil) to Dec. 2023 ($8.05 Mil) but then increased from Dec. 2023 ($8.05 Mil) to Mar. 2024 ($14.03 Mil).

Volato Group's annual Long-Term Debt increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($4.17 Mil) and increased from Dec. 2022 ($4.17 Mil) to Dec. 2023 ($8.05 Mil).

Volato Group Long-Term Debt Historical Data

The historical data trend for Volato Group's Long-Term Debt 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 Long-Term Debt Chart

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Debt
- 4.17 8.05

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Debt Get a 7-Day Free Trial - 12.65 18.40 8.05 14.03

Volato Group  (AMEX:SOAR.WS) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Volato Group Long-Term Debt Related Terms

Thank you for viewing the detailed overview of Volato Group's Long-Term Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Volato Group (Volato Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Volato Group Inc (AMEX:SOAR.WS) » Definitions » Long-Term Debt
Comparable Companies
Traded in Other Exchanges
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

From GuruFocus

Volato Group Inc (SOAR) Navigates Market Turbulence with Strategic Fleet Expansion Despite Revenue Dip

By GuruFocus Research • 03-26-2024