Allegiant Travel Financials

ALGT Stock  USD 75.17  2.47  3.40%   
Based on the analysis of Allegiant Travel's profitability, liquidity, and operating efficiency, Allegiant Travel may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Allegiant Travel's Property Plant And Equipment Net is comparatively stable compared to the past year. Net Debt is likely to gain to about 2.3 B in 2024, whereas Cash is likely to drop slightly above 128.3 M in 2024. Key indicators impacting Allegiant Travel's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.071.393
Way Down
Very volatile
Current Ratio1.530.8258
Way Up
Very volatile
Investors should never underestimate Allegiant Travel's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Allegiant Travel's cash flow, debt, and profitability to make informed and accurate decisions about investing in Allegiant Travel.

Net Income

82.99 Million

  
Understanding current and past Allegiant Travel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Allegiant Travel's financial statements are interrelated, with each one affecting the others. For example, an increase in Allegiant Travel's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Allegiant Travel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Allegiant Travel. Check Allegiant Travel's Beneish M Score to see the likelihood of Allegiant Travel's management manipulating its earnings.

Allegiant Travel Stock Summary

Allegiant Travel competes with Azul SA, Alaska Air, International Consolidated, Sun Country, and Frontier Group. Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada. Allegiant Travel operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 5226 people.
Specialization
Industrials, Transportation
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS01748X1028
CUSIP01748X102
LocationNevada; U.S.A
Business Address1201 North Town
SectorPassenger Airlines
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.allegiantair.com
Phone702 851 7300
CurrencyUSD - US Dollar

Allegiant Travel Key Financial Ratios

Allegiant Travel Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.0B685.3M4.0B4.5B4.9B5.1B
Other Assets174.2M(2.6B)4.0K251.3M1.01.05
Total Liab2.1B(14.1M)2.8B2.1B3.5B3.7B
Other Current Liab161.7M168.0M429.1M618.7M263.3M152.9M
Net Debt1.3B1.6B1.5B2.0B2.2B2.3B
Retained Earnings1.2B1.0B1.2B1.2B1.3B1.3B
Accounts Payable27.7M34.2M43.6M58.3M54.5M57.2M
Cash121.9M152.8M365.6M230M143.3M128.3M
Net Receivables25.5M192.2M62.7M106.6M70.7M40.5M
Inventory28.4M24.0M27.5M35.5M36.3M18.4M
Other Current Assets1.0M42.2M65.4M177.1M79.4M83.3M
Total Current Assets562.2M943.6M1.3B1.3B1.0B541.7M
Short Term Debt173.3M245.9M168.2M192.8M481.7M505.8M
Long Term Debt1.2B1.4B1.6B1.9B1.8B1.9B
Treasury Stock(605.0M)(617.6M)(646.0M)(638.1M)(574.3M)(545.5M)
Net Tangible Assets883.6M699.4M1.2B1.2B1.4B710.1M
Long Term Debt Total1.1B1.2B1.4B1.6B1.9B932.7M
Capital Surpluse270.9M289.9M329.8M692.1M795.9M835.7M

Allegiant Travel Key Income Statement Accounts

The reason investors look at the income statement is to determine what Allegiant Travel's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense72.3M56.4M68.4M103.1M108.1M113.5M
Total Revenue1.8B990.1M1.7B2.3B2.5B2.6B
Gross Profit543.7M(4.3M)231.5M340.5M364.2M266.5M
Operating Income221.4M(146.8M)98.1M(54.9M)221.0M121.7M
Ebit221.4M(304.6M)265.0M108.0M267.1M280.5M
Ebitda377.3M(128.4M)446.1M305.6M490.2M514.7M
Income Before Tax301.2M(361.1M)196.6M5.0M159.1M112.0M
Net Income232.1M(184.1M)151.9M2.5M117.6M83.0M
Income Tax Expense69.1M(177.0M)44.8M2.5M41.5M29.1M
Cost Of Revenue1.3B994.4M1.5B2.0B2.1B2.3B
Tax Provision69.1M(177.0M)44.8M2.5M54.7M57.4M
Interest Income12.5M5.5M1.8M16.5M43.0M45.1M
Net Interest Income(59.8M)(50.9M)(66.6M)(86.6M)(72.9M)(76.6M)

Allegiant Travel Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory14.7M53.6M(123.2M)187.6M215.7M226.5M
Change In Cash40.9M33.5M230.4M(155.3M)(85.9M)(81.6M)
Free Cash Flow(64.6M)(45.7M)232.7M(131.6M)(447.4M)(425.0M)
Depreciation155.9M176.3M181.0M197.5M223.1M234.3M
Other Non Cash Items(4.6M)310.0M(24.3M)48.5M16.8M27.1M
Capital Expenditures505.2M280.2M255.5M434.7M870.5M914.0M
Net Income232.1M(184.1M)151.9M2.5M117.6M91.1M
End Period Cash Flow136.8M170.3M400.7M245.4M159.6M134.5M
Dividends Paid45.7M45.2M45.6M11.4M22.1M28.6M
Investments18.6M(94.4M)(343.6M)(491.4M)(693.2M)(658.6M)
Change Receivables35.6M10.5M4.4M(14.7M)(16.9M)(16.1M)
Net Borrowings135.8M203.0M(19.4M)162.0M186.3M133.3M
Change To Netincome83.7M106.0M85.6M65.9M75.8M62.7M

Allegiant Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Allegiant Travel's current stock value. Our valuation model uses many indicators to compare Allegiant Travel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allegiant Travel competition to find correlations between indicators driving Allegiant Travel's intrinsic value. More Info.
Allegiant Travel is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Allegiant Travel's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Allegiant Travel by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Allegiant Travel Systematic Risk

Allegiant Travel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Allegiant Travel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Allegiant Travel correlated with the market. If Beta is less than 0 Allegiant Travel generally moves in the opposite direction as compared to the market. If Allegiant Travel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Allegiant Travel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Allegiant Travel is generally in the same direction as the market. If Beta > 1 Allegiant Travel moves generally in the same direction as, but more than the movement of the benchmark.

Allegiant Travel Thematic Clasifications

Allegiant Travel is part of several thematic ideas from Airlines to Impulse. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Allegiant Travel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Allegiant Travel's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Allegiant Travel growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.002713

At this time, Allegiant Travel's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Allegiant Travel November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Allegiant Travel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Allegiant Travel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Allegiant Travel based on widely used predictive technical indicators. In general, we focus on analyzing Allegiant Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Allegiant Travel's daily price indicators and compare them against related drivers.

Additional Tools for Allegiant Stock Analysis

When running Allegiant Travel's price analysis, check to measure Allegiant Travel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegiant Travel is operating at the current time. Most of Allegiant Travel's value examination focuses on studying past and present price action to predict the probability of Allegiant Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Travel's price. Additionally, you may evaluate how the addition of Allegiant Travel to your portfolios can decrease your overall portfolio volatility.