Spirit Aviation Holdings, Inc. (FLYY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 |
|---|
| Total Current Assets | 1.48B | 2.11B | 1.22B | 1.43B | 1.49B | 1.51B | 1.45B | 1.77B | 1.92B | 1.99B | 1.55B | 1.76B | 1.83B | 1.84B | 2.03B | 2.39B | 2.28B | 2.36B | 2.5B | 1.67B |
| Cash & Short-Term Investments | 407.51M | 1.02B | 540.65M | 840.08M | 878.64M | 977.71M | 929.26M | 1.22B | 1.4B | 1.45B | 1.06B | 1.3B | 1.35B | 1.44B | 1.64B | 1.97B | 1.88B | 1.9B | 2.05B | 1.23B |
| Cash Only | 407.51M | 902.06M | 423.55M | 724.79M | 764.79M | 865.21M | 818.32M | 1.11B | 1.29B | 1.35B | 953.43M | 1.2B | 1.25B | 1.33B | 1.53B | 1.86B | 1.77B | 1.79B | 1.95B | 1.13B |
| Short-Term Investments | 0 | 118.33M | 117.1M | 115.29M | 113.85M | 112.5M | 110.93M | 109.49M | 108.36M | 107.11M | 106.25M | 105.92M | 106.01M | 106.31M | 106.38M | 106.38M | 106.38M | 106.34M | 106.32M | 106.3M |
| Accounts Receivable | 219.41M | 178.96M | 230.08M | 216.65M | 212.47M | 205.47M | 171.51M | 223M | 222.33M | 233.54M | 208.57M | 188.04M | 198.56M | 166.72M | 171.55M | 178.97M | 137.84M | 190.4M | 198.14M | 203M |
| Days Sales Outstanding | 78.53 | 55.83 | 70.15 | 61.74 | 61.28 | 56.74 | 49.74 | 56.82 | 60.12 | 61.27 | 56.68 | 50.22 | 74.92 | 61.62 | 67.87 | 76.02 | 109.07 | 139.41 | 179.94 | 534.88 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 854.29M | 909.78M | 446.46M | 368.53M | 397.3M | 328.95M | 348.28M | 329.65M | 299.68M | 119.39M | 95.4M | 95.4M | 95.4M | 95.4M | 55.4M | 62.2M | 64M | 71.4M | 54.84M | 30M |
| Total Non-Current Assets | 7.1B | 7.49B | 8.28B | 8.13B | 8.04B | 7.91B | 7.91B | 7.6B | 7.4B | 7.19B | 7.13B | 6.95B | 6.78B | 6.7B | 6.51B | 6.28B | 6.11B | 6.04B | 6.06B | 6.1B |
| Property, Plant & Equipment | 6.82B | 7.19B | 7.94B | 7.8B | 7.7B | 7.56B | 7.58B | 7.31B | 7.11B | 6.94B | 6.74B | 6.57B | 6.42B | 6.29B | 6.15B | 5.92B | 5.74B | 5.66B | 5.66B | 5.69B |
| Fixed Asset Turnover | 0.15x | 0.16x | 0.15x | 0.16x | 0.16x | 0.17x | 0.17x | 0.20x | 0.19x | 0.20x | 0.20x | 0.21x | 0.15x | 0.16x | 0.15x | 0.15x | 0.08x | 0.09x | 0.07x | 0.02x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 83.48M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 190.94M | 296.05M | 335.82M | 333.91M | 334.72M | 344.24M | 331.17M | 291.7M | 289.62M | 254.17M | 398.31M | 379.84M | 361.38M | 405.6M | 361.15M | 358.58M | 369.96M | 384.03M | 398.49M | 412.4M |
| Total Assets | 8.58B | 9.6B | 9.49B | 9.56B | 9.53B | 9.42B | 9.36B | 9.37B | 9.32B | 9.18B | 8.69B | 8.72B | 8.61B | 8.54B | 8.54B | 8.67B | 8.39B | 8.4B | 8.56B | 7.77B |
| Asset Turnover | 0.12x | 0.12x | 0.13x | 0.13x | 0.13x | 0.14x | 0.13x | 0.15x | 0.14x | 0.15x | 0.15x | 0.16x | 0.11x | 0.12x | 0.11x | 0.10x | 0.05x | 0.06x | 0.05x | 0.02x |
| Asset Growth % | -10.28% | 1.89% | 1.4% | 2% | 2.19% | 2.53% | 7.78% | 7.54% | 8.25% | 7.55% | 1.74% | 0.5% | 2.67% | 1.68% | -0.23% | 11.63% | 15.93% | 19.24% | 30.14% | 16.59% |
| Total Current Liabilities | 1.45B | 1.77B | 2.54B | 1.51B | 1.53B | 1.67B | 1.6B | 1.69B | 1.75B | 1.6B | 1.67B | 1.74B | 1.61B | 1.28B | 1.3B | 1.6B | 1.51B | 1.34B | 1.3B | 1.27B |
| Accounts Payable | 147.68M | 32.38M | 49.64M | 70.01M | 85.07M | 42.1M | 86.3M | 76.16M | 53.05M | 75.45M | 112.01M | 76.05M | 47.42M | 44.95M | 53.96M | 55.07M | 33.2M | 28.45M | 36.07M | 41.06M |
| Days Payables Outstanding | 54.91 | 10.91 | 14.84 | 21.22 | 25.96 | 12.38 | 26.17 | 24.5 | 16.24 | 24.98 | 36.69 | 24.14 | 18.31 | 19.27 | 24.74 | 27.48 | 19.55 | 18.8 | 24.02 | 36.43 |
| Short-Term Debt | 121.19M | 436.53M | 1.25B | 142.81M | 156.81M | 315.58M | 235.87M | 235.58M | 261.72M | 346.89M | 353.94M | 351.52M | 294M | 208.95M | 208.3M | 210.94M | 356.62M | 384.2M | 373.3M | 288.5M |
| Deferred Revenue (Current) | 407.47M | 436.81M | 459.56M | 496.99M | 475.65M | 383.75M | 429.36M | 479.68M | 566.86M | 429.62M | 495.81M | 561.71M | 558.3M | 382.32M | 447.47M | 608.14M | 509.17M | 401.97M | 429.89M | 452.02M |
| Other Current Liabilities | 34.03M | 47.51M | 220.25M | 55.02M | 89.72M | 104.05M | 70.95M | 99.27M | 71.16M | 29.19M | 52.1M | 38.34M | 36.66M | 32.82M | 37.8M | 125.83M | 34.16M | 31.47M | 35.12M | 142.84M |
| Current Ratio | 1.02x | 1.19x | 0.48x | 0.94x | 0.97x | 0.90x | 0.91x | 1.05x | 1.09x | 1.25x | 0.93x | 1.01x | 1.14x | 1.44x | 1.55x | 1.49x | 1.51x | 1.76x | 1.93x | 1.31x |
| Quick Ratio | 1.02x | 1.19x | 0.48x | 0.94x | 0.97x | 0.90x | 0.91x | 1.05x | 1.09x | 1.25x | 0.93x | 1.01x | 1.14x | 1.44x | 1.55x | 1.49x | 1.51x | 1.76x | 1.93x | 1.31x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 6.64B | 7.91B | 6.45B | 7.24B | 7B | 6.61B | 6.44B | 6.22B | 6.1B | 6.02B | 5.18B | 5.1B | 5.08B | 5.15B | 5.03B | 4.89B | 4.79B | 4.81B | 4.86B | 4.15B |
| Long-Term Debt | 2.24B | 1.76B | 1.99B | 3.12B | 3.18B | 3.06B | 3.04B | 3.08B | 3.16B | 3.2B | 2.66B | 2.7B | 2.8B | 2.98B | 2.98B | 3.01B | 3.05B | 3.07B | 3.07B | 2.33B |
| Capital Lease Obligations | 4.23B | 4.34B | 4.27B | 3.9B | 3.59B | 3.3B | 3.11B | 2.79B | 2.61B | 2.46B | 2.1B | 1.98B | 1.84B | 1.75B | 1.62B | 1.42B | 1.29B | 1.25B | 1.24B | 1.27B |
| Deferred Tax Liabilities | 64.76M | 51.93M | 71.64M | 96.45M | 92.78M | 107.76M | 160.05M | 205.8M | 189.05M | 226.84M | 297.88M | 310.35M | 325.76M | 375.47M | 380.87M | 412.62M | 398.1M | 439.89M | 486.49M | 517.54M |
| Other Non-Current Liabilities | 107.28M | 1.76B | 123.15M | 122.85M | 133.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 8.1B | 9.68B | 8.99B | 8.75B | 8.52B | 8.28B | 8.05B | 7.9B | 7.85B | 7.61B | 6.85B | 6.84B | 6.69B | 6.43B | 6.34B | 6.49B | 6.29B | 6.15B | 6.15B | 5.42B |
| Total Debt | 6.86B | 6.81B | 7.79B | 7.42B | 7.18B | 6.93B | 6.62B | 6.33B | 6.25B | 6.21B | 5.31B | 5.22B | 5.11B | 5.12B | 4.98B | 4.83B | 4.89B | 4.9B | 4.87B | 4.04B |
| Net Debt | 6.45B | 5.91B | 7.36B | 6.7B | 6.42B | 6.07B | 5.81B | 5.22B | 4.97B | 4.87B | 4.36B | 4.02B | 3.87B | 3.78B | 3.45B | 2.97B | 3.12B | 3.11B | 2.92B | 2.91B |
| Debt / Equity | 14.31x | - | 15.46x | 9.17x | 7.17x | 6.11x | 5.03x | 4.31x | 4.25x | 3.95x | 2.89x | 2.79x | 2.66x | 2.42x | 2.26x | 2.22x | 2.34x | 2.18x | 2.03x | 1.72x |
| Debt / EBITDA | - | - | - | - | - | - | - | 62.86x | - | - | 127.16x | 167.65x | - | 382.32x | 56.41x | 28.96x | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 51.84x | - | - | 104.35x | 129.21x | - | 282.71x | 39.04x | 17.79x | - | - | - | - |
| Interest Coverage | -3.80x | -8.63x | -6.05x | -3.41x | -5.08x | -7.24x | -6.32x | 0.67x | -2.83x | -10.56x | -1.56x | -1.90x | -7.59x | -2.31x | 0.52x | 2.99x | -2.84x | -3.91x | -3.74x | -8.95x |
| Total Equity | 479.44M | -80.13M | 503.75M | 809.66M | 1B | 1.13B | 1.32B | 1.47B | 1.47B | 1.57B | 1.84B | 1.87B | 1.92B | 2.11B | 2.2B | 2.18B | 2.09B | 2.25B | 2.4B | 2.34B |
| Equity Growth % | -40.78% | -107.06% | -61.72% | -44.96% | -31.81% | -27.82% | -28.47% | -21.47% | -23.5% | -25.66% | -16.33% | -14.1% | -8.2% | -6.03% | -8.54% | -6.93% | -6.33% | -0.51% | 10.28% | 11.84% |
| Book Value per Share | 14.11 | - | 4.60 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Shareholders' Equity | 479.44M | -80.13M | 503.75M | 809.66M | 1B | 1.13B | 1.32B | 1.47B | 1.47B | 1.57B | 1.84B | 1.87B | 1.92B | 2.11B | 2.2B | 2.18B | 2.09B | 2.25B | 2.4B | 2.34B |
| Common Stock | 2K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 10K | 10K | 28K | 27K |
| Retained Earnings | -256.77M | -1.17B | -587.05M | -278.81M | -85.88M | 56.76M | 240.41M | 397.96M | 400.31M | 504.22M | 774.88M | 811.26M | 863.67M | 1.06B | 1.15B | 1.13B | 1.42B | 1.52B | 1.68B | 1.78B |
| Treasury Stock | 0 | -81.28M | -81.28M | -81.28M | -81.27M | -80.64M | -79.71M | -79.67M | -79.67M | -78M | -77.45M | -77.42M | -77.41M | -75.64M | -75.48M | -75.45M | -75.43M | -74.12M | -74.05M | -74.01M |
| Accumulated OCI | -2K | 188K | 216K | -166K | -165K | -67K | -304K | -294K | -390K | -596K | -747K | -894K | -762K | -532K | -502K | -541K | -566K | -618K | -608K | -495K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |