Spirit Airlines Inc (SAVE)
1.37
+0.06
(+4.58%)
USD |
NYSE |
Nov 14, 12:42
Spirit Airlines Debt to Equity Ratio: 4.035 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 4.035 |
| March 31, 2024 | 3.325 |
| December 31, 2023 | 2.972 |
| September 30, 2023 | 2.492 |
| June 30, 2023 | 2.255 |
| March 31, 2023 | 2.331 |
| December 31, 2022 | 2.257 |
| September 30, 2022 | 1.637 |
| June 30, 2022 | 1.627 |
| March 31, 2022 | 1.611 |
| December 31, 2021 | 1.506 |
| September 30, 2021 | 1.448 |
| June 30, 2021 | 1.479 |
| March 31, 2021 | 1.627 |
| December 31, 2020 | 1.534 |
| September 30, 2020 | 1.434 |
| June 30, 2020 | 1.119 |
| March 31, 2020 | 1.030 |
| December 31, 2019 | 0.9814 |
| September 30, 2019 | 0.9924 |
| June 30, 2019 | 1.096 |
| March 31, 2019 | 1.119 |
| December 31, 2018 | 1.135 |
| September 30, 2018 | 1.048 |
| June 30, 2018 | 1.083 |
| Date | Value |
|---|---|
| March 31, 2018 | 1.076 |
| December 31, 2017 | 0.8527 |
| September 30, 2017 | 0.8405 |
| June 30, 2017 | 0.7854 |
| March 31, 2017 | 0.7592 |
| December 31, 2016 | 0.7039 |
| September 30, 2016 | 0.7283 |
| June 30, 2016 | 0.7042 |
| March 31, 2016 | 0.5542 |
| December 31, 2015 | 0.5275 |
| September 30, 2015 | 0.4683 |
| June 30, 2015 | 0.3961 |
| March 31, 2015 | 0.3039 |
| December 31, 2014 | 0.1452 |
| September 30, 2014 | 0.00 |
| June 30, 2014 | 0.00 |
| March 31, 2014 | 0.00 |
| December 31, 2013 | 0.00 |
| September 30, 2013 | 0.00 |
| June 30, 2013 | 0.00 |
| March 31, 2013 | 0.00 |
| December 31, 2012 | 0.00 |
| September 30, 2012 | 0.00 |
| June 30, 2012 | 0.00 |
| March 31, 2012 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.9814
Minimum
Dec 2019
4.035
Maximum
Jun 2024
1.932
Average
1.627
Median
Mar 2021
Debt to Equity Ratio Benchmarks
| Delta Air Lines Inc | 1.297 |
| JetBlue Airways Corp | 3.113 |
| American Airlines Group Inc | -6.521 |
| United Airlines Holdings Inc | 2.228 |
| Frontier Group Holdings Inc | 0.8543 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 9.559B |
| Total Liabilities (Quarterly) | 8.750B |
| Shareholders Equity (Quarterly) | 809.66M |
| Current Ratio | 0.9432 |
| Net Debt Paydown Yield | 7.93% |