Allegiant no Debt?
09-17-2013, 02:49 PM
#1
Line Holder
Thread Starter
Joined APC: Jun 2013
Position: CL-65
Posts: 85
Allegiant no Debt?
Buyer Beware: Hidden Debt at Spirit Airlines (SAVE)
It looks like Allegiant is very well run. Owns all its plane and no debt. Are they the most stable airline or do the size of the big boys make them more stable.
It looks like Allegiant is very well run. Owns all its plane and no debt. Are they the most stable airline or do the size of the big boys make them more stable.
09-17-2013, 03:08 PM
#2
On Reserve
Joined APC: Dec 2009
Posts: 18
What? Do you just run around making **** up.
Here is a link to their balance sheet. I see debt.
ALGT Balance Sheet | Allegiant Travel Company Stock - Yahoo! Finance
Here is a link to their balance sheet. I see debt.
ALGT Balance Sheet | Allegiant Travel Company Stock - Yahoo! Finance
09-17-2013, 03:52 PM
#3
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Joined APC: Jun 2013
Position: CL-65
Posts: 85
Originally Posted by Lowcountryg4
What? Do you just run around making **** up.
Here is a link to their balance sheet. I see debt.
ALGT Balance Sheet | Allegiant Travel Company Stock - Yahoo! Finance
Here is a link to their balance sheet. I see debt.
ALGT Balance Sheet | Allegiant Travel Company Stock - Yahoo! Finance
09-17-2013, 04:02 PM
#4
Banned
Joined APC: Feb 2013
Posts: 133
I work for Spirit but I also think algt is a good company. Looking at the industry with all the airlines that "own" airplanes does it really matter if you own or lease. Look at all the legacy carriers who own there aircraft and they have all gone to ****.
09-17-2013, 05:12 PM
#5
Gets Weekends Off
Joined APC: Sep 2012
Posts: 104
Originally Posted by Around123
I looked at my Ameritrade account after your post and you are right. I got the info from the link I posted. No I do not run around making ****up.
allegiant has debt.
allegiant has no NET debt.
that takes into account cash sitting in the bank.
if you have a $100M loan but you have $100M in your current account, you have debt, but net (of cash) no debt.
Net Debt Definition | Investopedia
09-17-2013, 11:38 PM
#6
Lifer
Joined APC: Apr 2009
Position: MD80 CA
Posts: 176
Originally Posted by Around123
Buyer Beware: Hidden Debt at Spirit Airlines (SAVE)
It looks like Allegiant is very well run. Owns all its plane and no debt. Are they the most stable airline or do the size of the big boys make them more stable.
It looks like Allegiant is very well run. Owns all its plane and no debt. Are they the most stable airline or do the size of the big boys make them more stable.
No not run well too.
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