JETMF (Global Crossing Airlines Group) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)


JETMF Global Crossing Airlines Group Inc JETMF
29 GF Score
Price $0.61
GF Value $0.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Global Crossing Airlines Group Scaled Net Operating Assets?

Global Crossing Airlines Group JETMF +1.66% 29 Scaled Net Operating Assets is 0.62 as of Mar. 2026. 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Global Crossing Airlines Group's operating assets for the quarter that ended in Mar. 2026 was $188.4 Mil. Global Crossing Airlines Group's operating liabilities for the quarter that ended in Mar. 2026 was $63.4 Mil. Global Crossing Airlines Group's Total Assets for the quarter that ended in Dec. 2025 was $203.1 Mil. Therefore, Global Crossing Airlines Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.


Global Crossing Airlines Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Global Crossing Airlines Group's Scaled Net Operating Assets 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.

Global Crossing Airlines Group Scaled Net Operating Assets Chart

Global Crossing Airlines Group Annual Data
Trend Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 0.71 1.57 0.82 0.73

Global Crossing Airlines Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.62 0.71 0.71 0.62

JETMF vs DAL, UAL, LUV: Scaled Net Operating Assets Comparison

For the Airlines subindustry, Global Crossing Airlines Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Global Crossing Airlines Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Global Crossing Airlines Group's Scaled Net Operating Assets falls into.


JETMF
29GF Score
Global Crossing Airlines Group Inc JETMF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Crossing Airlines Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Global Crossing Airlines Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(186.358-64.358)/166.739
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=203.052 - 16.694
=186.358

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=232.53 - 140.526 - 27.646
=64.358

Global Crossing Airlines Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(188.357-63.39)/203.052
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=205.272 - 16.915
=188.357

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=231.433 - 138.395 - 29.648
=63.39

* 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.

What does a Scaled Net Operating Assets of 0.62 mean?
Global Crossing Airlines Group (JETMF) has a Scaled Net Operating Assets of 0.62 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Global Crossing Airlines Group and its competitors.
Is Global Crossing Airlines Group's Scaled Net Operating Assets too high?
Global Crossing Airlines Group's current Scaled Net Operating Assets is 0.62. 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 Scaled Net Operating Assets compare to DAL and UAL?
Global Crossing Airlines Group's Scaled Net Operating Assets of 0.62 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Transportation company?
A good Scaled Net Operating Assets depends on the Transportation industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Global Crossing Airlines Group and its competitors. Global Crossing Airlines Group's current Scaled Net Operating Assets is 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 Scaled Net Operating Assets is 0.62. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Global Crossing Airlines Group (JETMF), the current Scaled Net Operating Assets is 0.62 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:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: $0.70 vs. price of $0.61 (12.9% below fair value)
  • GF Score™: 29/100 with 4 warning signs

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

Address 4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166
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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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.61
Price
$0.70
GF Value