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flyExclusive (flyExclusive) Liabilities-to-Assets : 1.04 (As of Sep. 2023)


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What is flyExclusive Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. flyExclusive's Total Liabilities for the quarter that ended in Sep. 2023 was $548.94 Mil. flyExclusive's Total Assets for the quarter that ended in Sep. 2023 was $529.35 Mil. Therefore, flyExclusive's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 1.04.


flyExclusive Liabilities-to-Assets Historical Data

The historical data trend for flyExclusive's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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flyExclusive Liabilities-to-Assets Chart

flyExclusive Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
- 0.84 0.90 0.93

flyExclusive Quarterly Data
Dec20 Dec21 Mar22 Dec22 Mar23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial - 0.90 0.96 1.04 0.93

Competitive Comparison of flyExclusive's Liabilities-to-Assets

For the Airlines subindustry, flyExclusive's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


flyExclusive's Liabilities-to-Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, flyExclusive's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where flyExclusive's Liabilities-to-Assets falls into.



flyExclusive Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

flyExclusive's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=485.7/521.03
=0.93

flyExclusive's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=548.937/529.351
=1.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


flyExclusive  (AMEX:FLYX) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


flyExclusive Liabilities-to-Assets Related Terms

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flyExclusive (flyExclusive) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2860 Jetport Road, Kinston, NC, USA, 28504
flyExclusive Inc is a premier owner and operator of curated private aviation experiences dedicated to surpassing passenger expectations for quality, convenience, and safety. its mission is to be the world's most vertically integrated private aviation company through capital-efficient program growth, an industry-leading pricing model, optimal dispatch availability, in-house training, and a controlled premium customer experience on modernized aircraft. The company had over 90 aircraft in its owned and leased fleet which includes light, midsize, super-midsize, and large jets. As one of the nation's largest Citation operators, it has curated a versatile fleet of Citation CJ3/CJ3 plus, Citation Excel/XLS/XLS plus, Citation Encore/Encore plus, Citation Sovereign, and Citation X aircraft.

flyExclusive (flyExclusive) Headlines

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