Spirit AeroSystems Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Spirit AeroSystems Holdings has a total shareholder equity of $-1.1B and total debt of $3.9B, which brings its debt-to-equity ratio to -353.7%. Its total assets and total liabilities are $6.8B and $7.9B respectively.
Key information
-353.7%
Debt to equity ratio
US$3.94b
Debt
| Interest coverage ratio | n/a |
| Cash | US$352.00m |
| Equity | -US$1.11b |
| Total liabilities | US$7.88b |
| Total assets | US$6.76b |
Recent financial health updates
Is Spirit AeroSystems Holdings (NYSE:SPR) Weighed On By Its Debt Load?
Aug 10
Is Spirit AeroSystems Holdings (NYSE:SPR) A Risky Investment?
Apr 25Is Spirit AeroSystems Holdings (NYSE:SPR) Using Debt Sensibly?
Nov 29Recent updates
Investors Still Aren't Entirely Convinced By Spirit AeroSystems Holdings, Inc.'s (NYSE:SPR) Revenues Despite 26% Price Jump
Mar 06Spirit AeroSystems: Balance Sheet At Risk
Feb 14What Is Spirit AeroSystems Holdings, Inc.'s (NYSE:SPR) Share Price Doing?
Jan 11Spirit AeroSystems Production Quality In Focus Again
Jan 07Spirit AeroSystems: Turbulence Ahead
Nov 29Spirit AeroSystems: A Boeing Man At The Helm To Drive Recovery
Nov 02Spirit AeroSystems Stock Could Surge - But Major Issues Remain
Oct 18Spirit AeroSystems: Challenges And Uncertainties Continue
Sep 18Spirit AeroSystems: Another 737 Max Production Issue
Aug 25Spirit AeroSystems: The Bull Buy Thesis Fades
Aug 15Are Investors Undervaluing Spirit AeroSystems Holdings, Inc. (NYSE:SPR) By 42%?
Jun 08Why Boeing Should Not Buy Back Spirit AeroSystems
Jun 08Spirit AeroSystems Q4 2022 Earnings Preview
Feb 06Spirit AeroSystems: Improving Earnings, But Patience Required
Jan 31Spirit AeroSystems unit offers $800M notes
Nov 07Spirit AeroSystems Making Underappreciated Progress, But Orders Are Still Inadequate
Oct 28Spirit AeroSystems signs MoU with Joramco for MRO services
Oct 19Spirit Aerosystems, Malaysia Airlines enter into pact for maintenance of 737NG Aircraft
Sep 21Is Spirit AeroSystems Holdings (NYSE:SPR) Weighed On By Its Debt Load?
Aug 10Spirit AeroSystems Q2 2022 Earnings Preview
Aug 02Spirit AeroSystems declares $0.01 dividend
Jul 13Spirit AeroSystems Stock Tumbles On Bad Boeing 737 MAX News
May 05Is Spirit AeroSystems Holdings (NYSE:SPR) A Risky Investment?
Apr 25Is Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Trading At A 44% Discount?
Jan 17Is Spirit AeroSystems Holdings (NYSE:SPR) Using Debt Sensibly?
Nov 29What Does Spirit AeroSystems Holdings, Inc.'s (NYSE:SPR) Share Price Indicate?
Nov 08Spirit AeroSystems: Buy The Dip With A Flight Into Clear Skies
Sep 24Financial Position Analysis
Short Term Liabilities: SPR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SPR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SPR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SPR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SPR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.