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Volato Group (Volato Group) Short-Term Debt : $21.01 Mil (As of Mar. 2024)


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What is Volato Group Short-Term Debt?

Volato Group's Short-Term Debt for the quarter that ended in Mar. 2024 was $21.01 Mil.

Volato Group's quarterly Short-Term Debt increased from Sep. 2023 ($1.02 Mil) to Dec. 2023 ($20.34 Mil) and increased from Dec. 2023 ($20.34 Mil) to Mar. 2024 ($21.01 Mil).

Volato Group's annual Short-Term Debt increased from Dec. 2021 ($6.00 Mil) to Dec. 2022 ($24.05 Mil) but then declined from Dec. 2022 ($24.05 Mil) to Dec. 2023 ($20.34 Mil).

Volato Group Short-Term Debt Historical Data

The historical data trend for Volato Group's Short-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.

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Volato Group Short-Term Debt Chart

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Short-Term Debt
6.00 24.05 20.34

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Short-Term Debt Get a 7-Day Free Trial - 36.53 1.02 20.34 21.01

Volato Group Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.

Volato Group Short-Term Debt 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 » Short-Term Debt
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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