Allegiant Travel Co (ALGT) Financials

The income statement for Allegiant Travel Co (ALGT) provides a snapshot of the company's financial performance. It shows the revenue generated, expenses incurred, and net income earned during a specific period. In the latest financial report, Allegiant Travel Co reported total revenue of $1.75 billion. This represents the amount of money generated from the company's operations. The gross profit for Allegiant Travel Co was $785 million, indicating the profit made after deducting the cost of goods sold.

Earnings before interest and taxes (EBIT) for Allegiant Travel Co stood at $248 million. This is the company's operating profit before deducting interest and taxes. The EBITDA (earnings before interest, taxes, depreciation, and amortization) was $377 million, providing a measure of the company's profitability before non-cash expenses and financing costs.

Allegiant Travel Co's net income from stockholders was $119 million. This represents the profit attributable to the company's shareholders after accounting for all expenses and taxes. The balance sheet of Allegiant Travel Co provides a summary of the company's financial position at a specific point in time. It shows the company's assets, liabilities, and stockholders' equity.

The total assets of Allegiant Travel Co amounted to $1.93 billion, while the total liabilities were $1.07 billion. This implies that the company's stockholders' equity stood at $860 million, which represents the value of the company's assets that belong to the stockholders.

Allegiant Travel Co's cash equivalents refer to highly liquid assets that can be easily converted into cash. These include cash on hand and short-term investments. The company reported cash equivalents of $272 million.

Net debt is a measure of a company's indebtedness. For Allegiant Travel Co, the net debt was $(423) million, indicating that the company has more cash and cash equivalents than its total debt. This is a positive sign as it means the company is in a strong financial position.

The cash flow statement of Allegiant Travel Co provides information about the company's cash inflows and outflows during a specific period. It includes cash flows from operating activities, investing activities, and financing activities.

Operating cash flow for Allegiant Travel Co was $366 million, reflecting the cash generated from the company's core operations. Investing cash flow was $(698) million, representing the cash used for investments in property, plant, and equipment. Financing cash flow was $(114) million, indicating the cash used for debt repayment and dividend payments.

Free cash flow is a measure of a company's ability to generate cash after accounting for all capital expenditures. For Allegiant Travel Co, the free cash flow was $(222) million, suggesting that the company had negative free cash flow during the period.

In summary, Allegiant Travel Co's financials demonstrate a strong revenue generation, positive net income, and a healthy balance sheet with a positive stockholders' equity. The company also has a favorable cash position and a low level of debt. However, the negative free cash flow indicates that the company may need to carefully manage its capital expenditures in the future.