Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Global Crossing Airlines Group's annualized net income for the quarter that ended in Mar. 2026 was C$14.8 Mil. Global Crossing Airlines Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$-38.4 Mil. Therefore, Global Crossing Airlines Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Global Crossing Airlines Group's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0UNE's Return-on-Tangible-Equity is not ranked *
in the Transportation industry.
Industry Median: 9.02 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Global Crossing Airlines Group (LTS:0UNE) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Global Crossing Airlines Group Return-on-Tangible-Equity Related Terms
Global Crossing Airlines Group Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart
LTS:0UNE vs DAL, UAL, LUV: Return-on-Tangible-Equity Comparison
For the Airlines subindustry, Global Crossing Airlines Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Global Crossing Airlines Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Global Crossing Airlines Group's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Global Crossing Airlines Group (LTS:0UNE) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Global Crossing Airlines Group and its competitors. According to the industry distribution chart, Global Crossing Airlines Group ranks #999999 out of 977 companies in the Transportation industry.
Is Global Crossing Airlines Group's Return-on-Tangible-Equity too high?
Global Crossing Airlines Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Global Crossing Airlines Group ranks #999999 out of 977 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Global Crossing Airlines Group has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Global Crossing Airlines Group's Return-on-Tangible-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Global Crossing Airlines Group ranks #999999 out of 977 companies for Return-on-Tangible-Equity. This places Global Crossing Airlines Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.02, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Global Crossing Airlines Group and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Crossing Airlines Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. 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?
Global Crossing Airlines Group (LTS:0UNE) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is C$4.60, compared to a current price of C$4.00 — trading 13% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Global Crossing Airlines Group's overall GF Score™ is 46/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Global Crossing Airlines Group (LTS:0UNE), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 (LTS:0UNE) Overvalued in 2026?
Based on GuruFocus' analysis, Global Crossing Airlines Group stock appears to be undervalued.
The current stock price of C$4.00 is trading 13% below its estimated GF Value™ of C$4.60.
No single metric tells the full story. See the LTS:0UNE 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.
46GF Score
Get the complete analysis for LTS:0UNE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0UNE has been successfully added to your 
