Allegiant Travel Company

NASDAQ ALGT

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Allegiant Travel Company Working Capital to Current Liabilities Ratio 5 year CAGR for the quarter ending March 31, 2024

Allegiant Travel Company Working Capital to Current Liabilities Ratio 5 year CAGR is NA for the quarter ending March 31, 2024. The working capital to current liabilities ratio measures the proportion of working capital to current liabilities. It is calculated by dividing the difference between current assets and current liabilities by current liabilities. This ratio indicates the company's ability to cover its current liabilities with its working capital. A higher ratio suggests a healthier liquidity position and better ability to meet short-term obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Allegiant Travel Company Working Capital to Current Liabilities Ratio for the quarter ending March 31, 2023 was 0.16, a -72.17% change year over year.
  • Allegiant Travel Company Working Capital to Current Liabilities Ratio for the quarter ending March 31, 2022 was 0.59, a 69.61% change year over year.
  • Allegiant Travel Company Working Capital to Current Liabilities Ratio for the quarter ending March 31, 2021 was 0.35, a 2,067.58% change year over year.
  • Allegiant Travel Company Working Capital to Current Liabilities Ratio for the quarter ending March 31, 2020 was -0.02, a -126.94% change year over year.
NASDAQ: ALGT

Allegiant Travel Company

CEO Mr. Maurice J. Gallagher Jr.
IPO Date Dec. 8, 2006
Location United States
Headquarters 1201 North Town Center Drive, Las Vegas, NV, United States, 89144
Employees 5,951
Sector Industrials
Industry Airlines
Description

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2024, it operated a fleet of 126 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

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StockViz Staff

September 20, 2024

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