Annual Financials for Spirit Airlines Inc.
Operating Activities
Fiscal year is January-December. All values USD millions. |
2015 | 2016 | 2017 | 2018 | 2019 |
5-year trend |
Net Income before Extraordinaries |
317.22M | 264.88M | 415.52M | 155.75M | 335.26M | |
Net Income Growth |
- | -16.50% | 56.87% | -62.52% | 115.25% | |
Depreciation, Depletion & Amortization |
73.91M | 101.14M | 140.15M | 176.73M | 225.26M | |
Depreciation and Depletion |
30.8M | 57.33M | 86.3M | 135.44M | 161.86M | |
Amortization of Intangible Assets |
43.11M | 43.81M | 53.86M | 41.29M | 63.4M | |
Deferred Taxes & Investment Tax Credit |
155.61M | 86.15M | (492,000) | 46.3M | 115.69M | |
Deferred Taxes |
155.61M | 86.15M | (492,000) | 46.3M | 115.69M | |
Investment Tax Credit |
- | - | - | - | - | |
Other Funds |
14.34M | 54.65M | 33.55M | 120.08M | 23.7M | |
Funds from Operations |
561.08M | 506.81M | 588.73M | 498.86M | 699.91M | |
Extraordinaries |
- | - | - | - | - | |
Changes in Working Capital |
(88.09M) | (33.13M) | (163.49M) | 7.6M | (301.46M) | |
Receivables |
(5.59M) | (12.95M) | (77.98M) | 71.52M | (47.16M) | |
Accounts Payable |
2.71M | (6.82M) | 6.03M | 15.32M | 569,000 | |
Other Assets/Liabilities |
(85.21M) | (13.36M) | (91.54M) | (79.23M) | (254.87M) | |
Net Operating Cash Flow |
472.99M | 473.68M | 425.24M | 506.46M | 398.45M | |
Net Operating Cash Flow Growth |
- | 0.15% | -10.23% | 19.10% | -21.33% | |
Net Operating Cash Flow / Sales |
22.09% | 20.40% | 16.09% | 15.24% | 10.40% | |
Investing Activities
|
2015 | 2016 | 2017 | 2018 | 2019 |
5-year trend |
Capital Expenditures |
(701.28M) | (725.9M) | (778.36M) | (784.4M) | (294.54M) | |
Capital Expenditures (Fixed Assets) |
(701.28M) | (725.9M) | (778.36M) | (784.4M) | (294.54M) | |
Capital Expenditures (Other Assets) |
- | - | - | - | - | |
Capital Expenditures Growth |
- | -3.51% | -7.23% | -0.78% | 62.45% | |
Capital Expenditures / Sales |
-32.75% | -31.26% | -29.44% | -23.60% | -7.69% | |
Net Assets from Acquisitions |
- | - | - | - | - | |
Sale of Fixed Assets & Businesses |
- | 50,000 | - | 11.4M | - | |
Purchase/Sale of Investments |
- | (100.42M) | (1.34M) | (1.48M) | (1.58M) | |
Purchase of Investments |
- | (103.26M) | (107.25M) | (124.43M) | (122.41M) | |
Sale/Maturity of Investments |
- | 2.84M | 105.91M | 122.95M | 120.83M | |
Other Uses |
- | - | (12.31M) | (9.23M) | (7.94M) | |
Other Sources |
- | - | - | - | - | |
Net Investing Cash Flow |
(701.28M) | (826.27M) | (792M) | (783.71M) | (304.06M) | |
Net Investing Cash Flow Growth |
- | -17.82% | 4.15% | 1.05% | 61.20% | |
Net Investing Cash Flow / Sales |
-32.75% | -35.59% | -29.96% | -23.58% | -7.94% | |
Financing Activities
|
2015 | 2016 | 2017 | 2018 | 2019 |
5-year trend |
Cash Dividends Paid - Total |
- | - | - | - | - | |
Common Dividends |
- | - | - | - | - | |
Preferred Dividends |
- | - | - | - | - | |
Change in Capital Stock |
(112.23M) | (102.42M) | (46.54M) | (1.11M) | (5.44M) | |
Repurchase of Common & Preferred Stk. |
(112.26M) | (102.51M) | (46.58M) | (1.16M) | (5.44M) | |
Sale of Common & Preferred Stock |
32,000 | 92,000 | 45,000 | 51,000 | 1,000 | |
Proceeds from Stock Options |
- | - | - | - | - | |
Other Proceeds from Sale of Stock |
32,000 | 92,000 | 45,000 | 51,000 | 1,000 | |
Issuance/Reduction of Debt, Net |
502.52M | 352.75M | 513.25M | 481.74M | (120.35M) | |
Change in Current Debt |
- | - | - | - | - | |
Change in Long-Term Debt |
502.52M | 352.75M | 513.25M | 481.74M | (120.35M) | |
Issuance of Long-Term Debt |
528.89M | 417.17M | 615.99M | 824.73M | 222.98M | |
Reduction in Long-Term Debt |
(26.36M) | (64.42M) | (102.74M) | (343M) | (343.33M) | |
Other Funds |
8.85M | (470,000) | - | 501,000 | 5.62M | |
Other Uses |
- | (470,000) | - | - | - | |
Other Sources |
8.85M | - | - | 501,000 | 5.62M | |
Net Financing Cash Flow |
399.15M | 249.86M | 466.71M | 481.13M | (120.17M) | |
Net Financing Cash Flow Growth |
- | -37.40% | 86.79% | 3.09% | -124.98% | |
Net Financing Cash Flow / Sales |
18.64% | 10.76% | 17.65% | 14.48% | -3.14% | |
Exchange Rate Effect |
- | - | - | - | - | |
Miscellaneous Funds |
- | - | - | - | - | |
Net Change in Cash |
170.85M | (102.73M) | 99.95M | 203.88M | (25.78M) | |
Free Cash Flow |
(228.3M) | (252.23M) | (353.12M) | (277.93M) | 103.91M | |
Free Cash Flow Growth |
- | -10.48% | -40.00% | 21.29% | 137.39% | |
Free Cash Flow Yield |
- | - | - | - | 3.76% | NA |