Sun Country Airlines Holdings (SNCY) Financials

Sun Country Airlines Holdings, Inc. (SNCY) is a company that operates in the airline industry. As part of its financial reporting, the company provides various financial statements that provide insights into its financial performance and position. One of the key financial statements is the income statement, which provides information about the company's revenue, expenses, and net income. The income statement shows how much money the company is making from its operations and how much it is spending on operating expenses. It also shows the company's net income, which is the profit or loss it has generated after accounting for all expenses.

Another important financial metric is EBIT, which stands for earnings before interest and taxes. EBIT measures the company's profitability before taking into account interest and tax expenses. It is calculated by subtracting operating expenses, excluding interest and taxes, from the company's total revenue. EBITDA, or earnings before interest, taxes, depreciation, and amortization, is another useful financial metric that allows investors to assess a company's profitability without the impact of non-cash expenses like depreciation and amortization. EBITDA is often used to compare the performance of different companies or to assess a company's ability to generate cash flow.