ULCC: the balance sheet

MyFinsight

For the year ending 2025-12-31, ULCC has $7,220M in assets. $6,729M in debts. $671M in cash and cash equivalents.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31
Cash and cash equivalents	671
Accounts receivable, net	85
Supplies, net	90
Other current assets	112
Total current assets	958
Property and equipment, net	510
Operating lease right-of-use assets	4,806
Pre-delivery deposits for flight equipment	428
Indefinite-lived intangible assets	26
Finite-lived intangible assets	16
Gross carrying amount	42
Accumulated amortization	15
Intangible assets, net	27
Other assets	491
Total assets	7,220

Accounts payable	130
Air traffic liability	352
Frequent flyer liability	16
Current maturities of long-term debt, net	301
Current maturities of operating leases	779
Other current liabilities	525
Total current liabilities	2,103
Long-term debt, net	313
Long-term operating leases	4,070
Long-term frequent flyer liability	44
Other long-term liabilities	199
Total liabilities	6,729
Additional paid-in capital	437
Retained earnings	59
Accumulated other comprehensive income (loss)	-5
Total stockholders equity	491
Total liabilities and stockholders equity	7,220

Unit: Million (M) dollars