JetBlue Airways Corp (JBLU)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 16,841,000 | 16,627,000 | 13,993,000 | 13,721,000 | 13,853,000 | 13,412,000 | 13,481,000 | 13,227,000 | 13,045,000 | 13,330,000 | 13,543,000 | 13,803,000 | 13,642,000 | 14,069,000 | 14,415,000 | 13,660,000 | 13,353,000 | 13,433,000 | 14,027,000 | 12,340,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 of JetBlue Airways Corp has consistently been reported as 0.00 across multiple quarters, indicating that the company has not utilized debt financing to fund its assets. A ratio of 0.00 suggests that the company's total debt is either negligible or non-existent in relation to its total assets. This could imply that JetBlue has been relying on equity financing or other sources of funding instead of borrowing money to support its operations and investments. It may also indicate a conservative approach to managing its capital structure, potentially reducing financial risk and interest expenses. However, it is important to note that a low debt-to-assets ratio may also limit the company's ability to leverage debt for growth or take advantage of potential investment opportunities.
Peer comparison
Dec 31, 2024