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Quarterly report 2025-Q3
added 11-10-2025

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Spirit Airlines Net Debt 2011-2025 | SAVE

Net Debt can be roughly defined as financial liabilities that an entity classifies in the financing section together with the resources available to service those financial liabilities[1]

Net debt is the obligations that remain after deducting all assets and other liabilities from a company or individual. It represents the sum of debts that an organization or person must repay to their creditors or other parties.

Net debt can include various types of obligations such as loans, borrowings, lease liabilities, or credit card payments. It is important to note that net debt does not include current expenses or obligations such as payroll expenses or current bills.

Assessing net debt is an important financial indicator for evaluating the financial position of a company or individual. If net debt significantly exceeds assets, it may indicate financial difficulties and insolvency. In such cases, the company or individual may face difficulties in meeting their obligations and managing their finances.

Net debt can also be used to compare the financial stability of different companies. The lower the net debt relative to assets, the more stable and financially sound they are considered.

Overall, understanding net debt helps evaluate the financial soundness and ability of a company to meet their obligations. It is an important indicator that assists in making decisions about lending, investments, and financial management.

Annual Net Debt Spirit Airlines

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
1.12 B 2.41 B 1.92 B 1.7 B 1.34 B 1.24 B 1.18 B 702 M 281 M -157 M -487 M -523 M -409 M -343 M

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
2.41 B -523 M 713 M

References

  1. Pizzo, M., Moscariello, N., & Vinciguerra, R. (2015). Market Incentives and Regulators' Activity Shaping Financial Information: An Analysis of the Net Debt Disclosure in Italy. International Journal of Business and Management, 10(1), 1.

Net Debt of other stocks in the Airlines industry

Issuer Net Debt Price % 24h Market Cap Country
Аэрофлот Аэрофлот
AFLT
664 B - - - russiaRussia
Atlas Air Worldwide Holdings Atlas Air Worldwide Holdings
AAWW
1.11 B - 0.03 % $ 2.93 B usaUSA
Copa Holdings, S.A. Copa Holdings, S.A.
CPA
1 B $ 118.86 -1.01 % $ 4.06 M panamaPanama
Авиакомпания Utair Авиакомпания Utair
UTAR
48.8 B - - - russiaRussia
Azul S.A. Azul S.A.
AZUL
4.3 B - - $ 842 M brasilBrasil
China Eastern Airlines Corporation Limited China Eastern Airlines Corporation Limited
CEA
37.2 B - 2.55 % $ 120 B chinaChina
Delta Air Lines Delta Air Lines
DAL
11.2 B $ 71.3 2.12 % $ 45.7 B usaUSA
Gol Linhas Aéreas Inteligentes S.A. Gol Linhas Aéreas Inteligentes S.A.
GOL
9.31 B - 3.23 % $ 2.47 B brasilBrasil
China Southern Airlines Company Limited China Southern Airlines Company Limited
ZNH
33.6 B - - $ 134 B chinaChina
Allegiant Travel Company Allegiant Travel Company
ALGT
1.35 B $ 87.44 1.84 % $ 1.56 B usaUSA
Alaska Air Group Alaska Air Group
ALK
3.5 B $ 52.06 1.26 % $ 6.57 B usaUSA
American Airlines Group American Airlines Group
AAL
24.9 B $ 15.29 2.21 % $ 10 B usaUSA
JetBlue Airways Corporation JetBlue Airways Corporation
JBLU
6.32 B $ 4.93 -0.2 % $ 1.71 B usaUSA
Southwest Airlines Co. Southwest Airlines Co.
LUV
-484 M $ 41.82 1.58 % $ 25 B usaUSA
Ryanair Holdings plc Ryanair Holdings plc
RYAAY
-2.53 B $ 71.3 0.12 % $ 80.6 B irlandaIrlanda
Hawaiian Holdings Hawaiian Holdings
HA
1.47 B - - $ 929 M usaUSA
SkyWest SkyWest
SKYW
1.93 B $ 103.88 -1.85 % $ 4.18 B usaUSA
Mesa Air Group Mesa Air Group
MESA
335 M - 1410.79 % $ 829 M usaUSA
United Airlines Holdings United Airlines Holdings
UAL
13.4 B $ 107.33 0.46 % $ 35.3 B usaUSA
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Controladora Vuela Compañía de Aviación, S.A.B. de C.V.
VLRS
176 M $ 7.76 -0.64 % $ 11.5 B mexicoMexico