JetBlue Airways Corp (JBLU)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 16,841,000 13,853,000 13,045,000 13,642,000 13,353,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $16,841,000K
= 0.00

The debt-to-assets ratio for JetBlue Airways Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company has a strong financial position with a low level of financial leverage, as it has no debt obligations in relation to its total assets. Despite the lack of debt, it is important to consider other financial ratios and metrics to have a more comprehensive understanding of JetBlue Airways Corp's financial health and performance.