What is Global Crossing Airlines Group Current Ratio?
Global Crossing Airlines GroupJETMF +1.66%29 Current Ratio is 0.31 as of Mar. 2026, which is 50% below its 10-year median of 0.62. GuruFocus rates JETMF with a GF Score™ of 29/100 and a GF Value™ of $0.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,001 Transportation companies, Global Crossing Airlines Group ranks worse than 96.4% on this metric.
Global Crossing Airlines Group has a current ratio of 0.31. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Global Crossing Airlines Group has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Global Crossing Airlines Group's Current Ratio or its related term are showing as below:
JETMF'
s Current Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.62 Max: 12.77
Current: 0.31
During the past 13 years, Global Crossing Airlines Group's highest Current Ratio was 12.77. The lowest was 0.21. And the median was 0.62.
JETMF's Current Ratio is ranked worse than 96.4% of 1001
companies
in the Transportation industry
Industry Median: 1.47
vs JETMF: 0.31
Global Crossing Airlines Group (OTCPK:JETMF) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Global Crossing Airlines Group Current Ratio Related Terms
Global Crossing Airlines Group Current Ratio Historical Data
* 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.
Global Crossing Airlines Group Current Ratio Chart
For the Airlines subindustry, Global Crossing Airlines Group's Current Ratio, along with its competitors' market caps and Current Ratio 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.
Global Crossing Airlines Group Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Global Crossing Airlines Group's Current Ratio distribution charts can be found below:
* The bar in red indicates where Global Crossing Airlines Group's Current Ratio falls into.
* 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.
Global Crossing Airlines Group (JETMF) has a Current Ratio of 0.31 as of Mar. 2026. This is 50% below median its historical median of 0.62. Over the past decade, Global Crossing Airlines Group's Current Ratio has ranged from 0.21 to 12.77. According to the industry distribution chart, Global Crossing Airlines Group ranks #965 out of 1001 companies in the Transportation industry, placing it in the top 96.4%.
Is Global Crossing Airlines Group's Current Ratio too high?
Global Crossing Airlines Group's current Current Ratio of 0.31 is 50% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 12.77. The Transportation industry median Current Ratio is 1.47. Global Crossing Airlines Group's value of 0.31 is 78.9% below this industry median. Based on the distribution chart, Global Crossing Airlines Group ranks #965 out of 1001 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Global Crossing Airlines Group has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global Crossing Airlines Group's Current Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Global Crossing Airlines Group ranks #965 out of 1001 companies for Current Ratio. This places Global Crossing Airlines Group in the lower half of its industry. The industry median Current Ratio is 1.47. Global Crossing Airlines Group's value of 0.31 is 78.9% below this benchmark. Historically, Global Crossing Airlines Group's own Current Ratio has ranged from 0.21 to 12.77 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 1.47, Global Crossing Airlines Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,001 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Crossing Airlines Group's current Current Ratio of 0.31 is 78.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Crossing Airlines Group's current Current Ratio is 0.31, which is 50% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Crossing Airlines Group stock overvalued right now?
Based on GuruFocus' analysis, Global Crossing Airlines Group (JETMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.70, compared to a current price of $0.61 — trading 12.9% below its estimated fair value. The current Current Ratio is 0.31, which is 50% below median its 10-year median of 0.62 and 78.9% below the Transportation industry median of 1.47. Global Crossing Airlines Group's overall GF Score™ is 29/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Global Crossing Airlines Group (JETMF), the current Current Ratio is 0.31 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Global Crossing Airlines Group (JETMF) Overvalued in 2026?
Based on GuruFocus' analysis, Global Crossing Airlines Group stock appears to be undervalued.
The current stock price of $0.61 is trading 12.9% below its estimated GF Value™ of $0.70.
GuruFocus considers Global Crossing Airlines Group to be Modestly Undervalued.
Key valuation signals for JETMF:
Current Ratio: 0.31 (50% below median its 10-year median of 0.62)
GF Value™: $0.70 vs. price of $0.61 (12.9% below fair value)
Industry Position: 78.9% below the Transportation median (#965 of 1001)
No single metric tells the full story. See the JETMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Crossing Airlines Group Business Description
Global Crossing Airlines Group Inc operates a U.S. Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter services to customers by charging an all-in fee that includes fuel, insurance, landing fees, navigation fees and other operational fees and costs. The company operates within the United States, Europe, Canada, and Central and South America. It generates revenues by providing passenger aircraft outsourcing services to customers on a Charter and ACMI basis. Geographically, it operates predominantly in the USA.
29GF Score
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