Volato Group (Volato Group) Total Liabilities : $66.48 Mil (As of Mar. 2024)

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What is Volato Group Total Liabilities?

Volato Group's Total Liabilities for the quarter that ended in Mar. 2024 was $66.48 Mil.

Volato Group's quarterly Total Liabilities increased from Sep. 2023 ($38.10 Mil) to Dec. 2023 ($56.96 Mil) and increased from Dec. 2023 ($56.96 Mil) to Mar. 2024 ($66.48 Mil).

Volato Group's annual Total Liabilities increased from Dec. 2021 ($7.08 Mil) to Dec. 2022 ($35.93 Mil) and increased from Dec. 2022 ($35.93 Mil) to Dec. 2023 ($56.96 Mil).

Volato Group Total Liabilities Historical Data

The historical data trend for Volato Group's Total Liabilities 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 Total Liabilities Chart

Volato Group Annual Data

Trend

Dec21

Dec22

Dec23

Total Liabilities

7.08

35.93

56.96

Volato Group Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial			-	62.50	38.10	56.96	66.48

Volato Group Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Volato Group's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	47.637	+	(9.019	+	-2.0539125955565E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0.305	+	0)
	=	56.96

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	71.712	-	14.751
	=	56.96

Volato Group's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	51.272	+	(14.901	+	-3.8302694349568E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0.305	+	0)
	=	66.48

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	68.172	-	1.694
	=	66.48

Volato Group Total Liabilities 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 » Total Liabilities

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