Spirit AeroSystems Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Spirit AeroSystems Holdings has a total shareholder equity of $-1.9B and total debt of $4.9B, which brings its debt-to-equity ratio to -255.1%. Its total assets and total liabilities are $7.0B and $9.0B respectively.
Key information
-255.1%
Debt to equity ratio
US$4.94b
Debt
| Interest coverage ratio | n/a |
| Cash | US$217.60m |
| Equity | -US$1.94b |
| Total liabilities | US$8.99b |
| Total assets | US$7.05b |
Recent financial health updates
No updates
Recent updates
Spirit AeroSystems Stock Is A Sell As Boeing And Airbus Keep Supplier Afloat
Dec 14Does Spirit AeroSystems Provide An Attractive Bet On Boeing?
Sep 23Investors Take Note, Spirit AeroSystems Could Be Close To A Game-Changing Deal
Jun 21Calculating The Intrinsic Value Of Spirit AeroSystems Holdings, Inc. (NYSE:SPR)
Jun 11
Spirit AeroSystems Stock Has Upside As Boeing Acquisition Target
May 31Investors 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 15Financial 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 17:02 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/26 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Spirit AeroSystems Holdings, Inc. is covered by 41 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Arment | Baird |
| Joseph Campbell | Barclays |
| David Strauss | Barclays |