Spirit Airlines (STU:S64) Marketable Securities : €105 Mil (As of Mar. 2024)

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What is Spirit Airlines Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Spirit Airlines's Marketable Securities for the quarter that ended in Mar. 2024 was €105 Mil.

Spirit Airlines's annual Marketable Securities increased from Dec. 2021 (€94 Mil) to Dec. 2022 (€101 Mil) and increased from Dec. 2022 (€101 Mil) to Dec. 2023 (€103 Mil).

Spirit Airlines Marketable Securities Historical Data

The historical data trend for Spirit Airlines's Marketable Securities 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 Marketable Securities Chart

Spirit Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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94.79

87.41

94.09

101.12

103.16

Spirit Airlines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Marketable Securities	Get a 7-Day Free Trial															101.21	101.06	103.94	103.16	104.75

Spirit Airlines Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Spirit Airlines (STU:S64) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Spirit Airlines Marketable Securities Related Terms

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Spirit Airlines (STU:S64) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Spirit Airlines Inc (STU:S64) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

SAVE:USA SAVE:Mexico 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.

Spirit Airlines (STU:S64) Headlines

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