JetBlue Airways (LTS:0JOT) Debt-to-Asset : 0.53 (As of Sep. 2024)

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What is JetBlue Airways Debt-to-Asset?

JetBlue Airways's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $462 Mil. JetBlue Airways's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $8,379 Mil. JetBlue Airways's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $16,627 Mil. JetBlue Airways's debt to asset for the quarter that ended in Sep. 2024 was 0.53.

JetBlue Airways Debt-to-Asset Historical Data

The historical data trend for JetBlue Airways's Debt-to-Asset 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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JetBlue Airways Debt-to-Asset Chart

JetBlue Airways Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.26

0.43

0.35

0.34

0.39

JetBlue Airways Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.35	0.39	0.41	0.43	0.53

Competitive Comparison of JetBlue Airways's Debt-to-Asset

For the Airlines subindustry, JetBlue Airways's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

JetBlue Airways's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where JetBlue Airways's Debt-to-Asset falls into.

JetBlue Airways Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

JetBlue Airways's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(424	+	4956)	/	13853
	=	0.39

JetBlue Airways's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(462	+	8379)	/	16627
	=	0.53

JetBlue Airways (LTS:0JOT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

JetBlue Airways Debt-to-Asset Related Terms

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JetBlue Airways Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JetBlue Airways Corp (LTS:0JOT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

JBLU:USA JBLU:Mexico 1JAM:Italy JAW:Germany JAW:Germany

Address

27-01 Queens Plaza North, Long Island City, NY, USA, 11101

Website

https://www.jetblue.com

JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.

JetBlue Airways Headlines

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