Spirit Airlines
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Spirit Airlines generated cash of -$246,661,000, which is less than the previous year. Cash used in financing activities reached the amount of -$197,962,000 last year. Net change in cash is therefore -$481,131,000.
Cash Flow
| 2014 | 260.51M | -302.37M | 144.01M |
|---|---|---|---|
| 2015 | 472.98M | -701.28M | 399.14M |
| 2016 | 473.67M | -826.26M | 249.85M |
| 2017 | 425.24M | -792.00M | 466.71M |
| 2018 | 506.46M | -783.70M | 481.12M |
| 2019 | 551.32M | -456.92M | -120.16M |
| 2020 | -225.27M | -554M | 1.66B |
| 2021 | 208.88M | -352.44M | -288.66M |
| 2022 | -89.02M | -265.44M | 391.29M |
| 2023 | -246.66M | -36.50M | -197.96M |
SAVE Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.46B | 1.42B | 1.86B | 978.95M | 1.00B | 800.84M | 700.9M | 803.63M | 632.78M | 530.63M |
Operating activities | ||||||||||
Net income | -447.46M | -554.15M | -472.56M | -428.7M | 335.25M | 155.74M | 420.60M | 264.87M | 317.22M | 225.46M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 320.87M | 313.09M | 297.21M | 278.58M | 225.26M | 176.72M | 140.15M | 101.13M | 73.90M | 46.97M |
Stock-based compensation expense | 11.96M | 11.48M | 12.53M | 11.57M | 8.15M | 0 | 8.52M | 7.10M | 9.22M | 8.79M |
| Deferred income tax benefit | 11.96M | 11.48M | 12.53M | 11.57M | 8.15M | 0 | 8.52M | 7.10M | 9.22M | 8.79M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 27.91M | -68.34M | -85.8M | 30.48M | -26.14M | 1.67M | -8.13M | -12.95M | -5.59M | 606K |
Inventories | 0 | 0 | 237.68M | -88.68M | -122.53M | 153.09M | -110.01M | -2.37M | -121.59M | -66.57M |
Accounts payable | -34.05M | 9.03M | 13.05M | -17.05M | 569K | 15.31M | -11.45M | -6.82M | 2.70M | -10.03M |
Cash generated by operating activities | -246.66M | -89.02M | 208.88M | -225.27M | 551.32M | 506.46M | 425.24M | 473.67M | 472.98M | 260.51M |
Investing activities | ||||||||||
Purchases Of Investments | -127.62M | -110.69M | -105.36M | -118.89M | -122.41M | -124.43M | -107.24M | -103.25M | 0 | 0 |
Investments In Property Plant And Equipment | -255.56M | -264.24M | -350.37M | -548.82M | -334.53M | -793.12M | -790.66M | -725.90M | -701.28M | -302.37M |
Acquisitions Net | 0 | 0 | -17.25M | -12.23M | -10.77M | 2.67M | 137.17M | 163.16M | 0 | 0 |
Cash generated by investing activities | -36.50M | -265.44M | -352.44M | -554M | -456.92M | -783.70M | -792.00M | -826.26M | -701.28M | -302.37M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 375.66M | 366.78M | 0 | 51K | 0 | 92K | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -2.63M | -2.35M | -1.51M | -1.66M | -5.43M | -1.16M | -46.58M | -102.51M | -112.26M | -1.63M |
Repayments of term debt | -203.27M | 397.12M | -1.27B | -279.70M | -117.43M | -342.99M | 526.98M | -64.42M | 517.71M | -1.23M |
Cash used in financing activities | -197.96M | 391.29M | -288.66M | 1.66B | -120.16M | 481.12M | 466.71M | 249.85M | 399.14M | 144.01M |
Net Change In Cash | -481.13M | 36.83M | -432.21M | 882.16M | -25.77M | 203.88M | 99.94M | -102.73M | 170.84M | 102.15M |
Cash at end of period | 984.61M | 1.46B | 1.42B | 1.86B | 978.95M | 1.00B | 800.84M | 700.9M | 803.63M | 632.78M |
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