Allegiant Travel Company

NasdaqGS:ALGT Stock Report

Market Cap: US$1.3b

Allegiant Travel Balance Sheet Health

Financial Health criteria checks 1/6

Allegiant Travel has a total shareholder equity of $1.3B and total debt of $1.8B, which brings its debt-to-equity ratio to 134.8%. Its total assets and total liabilities are $4.8B and $3.5B respectively. Allegiant Travel's EBIT is $84.4M making its interest coverage ratio 1.3. It has cash and short-term investments of $759.3M.

Key information

134.8%

Debt to equity ratio

US$1.75b

Debt

Interest coverage ratio1.3x
CashUS$759.27m
EquityUS$1.30b
Total liabilitiesUS$3.49b
Total assetsUS$4.79b

Recent financial health updates

Recent updates

Subdued Growth No Barrier To Allegiant Travel Company (NASDAQ:ALGT) With Shares Advancing 28%

Nov 07
Subdued Growth No Barrier To Allegiant Travel Company (NASDAQ:ALGT) With Shares Advancing 28%

Analysts Have Made A Financial Statement On Allegiant Travel Company's (NASDAQ:ALGT) Third-Quarter Report

Nov 02
Analysts Have Made A Financial Statement On Allegiant Travel Company's (NASDAQ:ALGT) Third-Quarter Report

Investors Could Be Concerned With Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Oct 17
Investors Could Be Concerned With Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Does Allegiant Travel (NASDAQ:ALGT) Have A Healthy Balance Sheet?

Sep 21
Does Allegiant Travel (NASDAQ:ALGT) Have A Healthy Balance Sheet?

Allegiant: A Deeply Contrarian Value Play

Aug 31

Allegiant Air: A Budget Carrier At Budget Prices

Aug 14

More Unpleasant Surprises Could Be In Store For Allegiant Travel Company's (NASDAQ:ALGT) Shares After Tumbling 26%

Aug 13
More Unpleasant Surprises Could Be In Store For Allegiant Travel Company's (NASDAQ:ALGT) Shares After Tumbling 26%

Allegiant Travel's (NASDAQ:ALGT) Anemic Earnings Might Be Worse Than You Think

May 21
Allegiant Travel's (NASDAQ:ALGT) Anemic Earnings Might Be Worse Than You Think

Allegiant Travel Company Stock Fails To Impress: Is There Upside?

May 10

Here's Why Allegiant Travel (NASDAQ:ALGT) Has A Meaningful Debt Burden

Mar 29
Here's Why Allegiant Travel (NASDAQ:ALGT) Has A Meaningful Debt Burden

Here's What's Concerning About Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Feb 23
Here's What's Concerning About Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

At US$76.26, Is Allegiant Travel Company (NASDAQ:ALGT) Worth Looking At Closely?

Feb 08
At US$76.26, Is Allegiant Travel Company (NASDAQ:ALGT) Worth Looking At Closely?

Is Allegiant Travel (NASDAQ:ALGT) A Risky Investment?

Sep 25
Is Allegiant Travel (NASDAQ:ALGT) A Risky Investment?

Is It Time To Consider Buying Allegiant Travel Company (NASDAQ:ALGT)?

Sep 07
Is It Time To Consider Buying Allegiant Travel Company (NASDAQ:ALGT)?

Here's Why We Think Allegiant Travel (NASDAQ:ALGT) Might Deserve Your Attention Today

Aug 06
Here's Why We Think Allegiant Travel (NASDAQ:ALGT) Might Deserve Your Attention Today

Investors Could Be Concerned With Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Jul 23
Investors Could Be Concerned With Allegiant Travel's (NASDAQ:ALGT) Returns On Capital

Allegiant Travel (NASDAQ:ALGT) Has A Somewhat Strained Balance Sheet

Jun 19
Allegiant Travel (NASDAQ:ALGT) Has A Somewhat Strained Balance Sheet

What Does Allegiant Travel Company's (NASDAQ:ALGT) Share Price Indicate?

May 04
What Does Allegiant Travel Company's (NASDAQ:ALGT) Share Price Indicate?

Here's Why Allegiant Travel (NASDAQ:ALGT) Has A Meaningful Debt Burden

Feb 03
Here's Why Allegiant Travel (NASDAQ:ALGT) Has A Meaningful Debt Burden

Financial Position Analysis

Short Term Liabilities: ALGT's short term assets ($930.6M) do not cover its short term liabilities ($1.2B).

Long Term Liabilities: ALGT's short term assets ($930.6M) do not cover its long term liabilities ($2.3B).


Debt to Equity History and Analysis

Debt Level: ALGT's net debt to equity ratio (76.4%) is considered high.

Reducing Debt: ALGT's debt to equity ratio has reduced from 149.3% to 134.8% over the past 5 years.

Debt Coverage: ALGT's debt is not well covered by operating cash flow (17.6%).

Interest Coverage: ALGT's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


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