Market cap
$118 Mln
Revenue (TTM)
$5,127 Mln
P/E Ratio
--
P/B Ratio
0.1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 1.21 | -10.58 | -7.07 | 32.16 | 7.11 |
| EBIT | -25.61 | -196.30 | -262.39 | -17.62 | -198.42 |
| Net Profit | -35.26 | -8,113.15 | -63.75 | -1.03 | -213.80 |
| EPS | -- | -- | -- | -- | -- |
| Book Value | -- | -- | -- | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| -10.43 | -8.96 | -11.98 | -7.88 | -11.52 |
| Net Margin
| -13.59 | -16.93 | -13.20 | -- | -10.90 |
| Return on equity
| -28.27 | -17.56 | -69.63 | -33.07 | -30.07 |
| Return on Capital
| -6.53 | -3.89 | -- | -5.65 | -7.38 |
| Return on Assets
| -5.55 | -3.34 | -6.12 | -4.81 | -6.25 |
| Debt to Equity (x)
| -- | -- | 3.86 | 6.11 | 3.95 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
--
|
-5.65
|
-7.38
|
-6.57
|
-6.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-69.63
Lower than Peers by 80.22
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
-69.63
|
-33.07
|
-30.07
|
-21.66
|
-19.01
|
|
Peer Median
|
10.59
|
--
|
--
|
--
|
--
|
ROA
-6.12
Lower than Peers by 7.13
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
-6.12
|
-4.81
|
-6.25
|
-5.58
|
-5.55
|
|
Peer Median
|
1.01
|
--
|
--
|
--
|
--
|
EBIT Margin
-11.98
Lower than Peers by 16.44
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
-11.98
|
-7.88
|
-11.52
|
-11.88
|
-27.72
|
|
Peer Median
|
4.47
|
--
|
--
|
--
|
--
|
Net Margin
-13.20
Lower than Peers by 15.03
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
-13.20
|
-8.34
|
-10.90
|
-16.27
|
-23.61
|
|
Peer Median
|
1.83
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-7.07
Lower than Peers by 11.30
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
-7.07
|
0.06
|
0.57
|
0.78
|
-0.53
|
|
Peer Median
|
4.23
|
--
|
--
|
--
|
--
|
EBIT Growth
-262.39
Lower than Peers by 261.10
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
-262.39
|
27.57
|
-52.11
|
23.51
|
-192.32
|
|
Peer Median
|
-1.29
|
--
|
--
|
--
|
--
|
Net Profit Growth
-63.75
Lower than Peers by 75.20
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
-63.75
|
19.25
|
-17.26
|
-10.23
|
-227.87
|
|
Peer Median
|
11.46
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
3.86
Higher than Peers by 2.83
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
3.86
|
6.11
|
3.95
|
2.42
|
2.18
|
|
Peer Median
|
1.03
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.78
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
0.78
|
0.51
|
0.34
|
0.17
|
0.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.94
Higher than Peers by 0.27
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
0.94
|
0.90
|
1.25
|
1.44
|
1.76
|
|
Peer Median
|
0.67
|
--
|
--
|
--
|
--
|
Quick Ratio
0.94
Higher than Peers by 0.33
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
0.94
|
0.83
|
--
|
1.47
|
1.87
|
|
Peer Median
|
0.61
|
--
|
--
|
--
|
--
|
Interest Coverage
-4.23
Lower than Peers by 7.51
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
-4.23
|
-3.45
|
-5.79
|
-3.17
|
-4.23
|
|
Peer Median
|
3.28
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
4.23
Higher than Peers by 0.29
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
4.23
|
3.83
|
4.61
|
5.16
|
10.52
|
|
Peer Median
|
3.93
|
--
|
--
|
--
|
--
|
Asset Turnover
0.46
Lower than Peers by 0.09
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
0.46
|
0.58
|
0.57
|
0.38
|
0.23
|
|
Peer Median
|
0.56
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
--
|
14.95
|
14.42
|
20.19
|
28.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
--
|
9.14
|
-3.21
|
-11.29
|
-14.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
--
|
4.50
|
5.10
|
4.47
|
6.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
--
|
19.59
|
6.11
|
4.43
|
8.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Book Value
0.10
Lower than Peers by 1.69
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
0.10
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.79
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
-57.77
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
-57.77
|
-58.42
|
-17.59
|
-42.52
|
-13.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
118
Lower than Peers by 557
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Spirit Airlines (SAVE)
|
118
|
--
|
--
|
--
|
--
|
|
Peer Median
|
676
|
--
|
--
|
--
|
--
|