JetBlue Airways Corp (JBLU)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,641,000 | 3,337,000 | 3,563,000 | 3,849,000 | 3,943,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,641,000K)
= 0.00
The debt-to-capital ratio for JetBlue Airways Corp has remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period and has relied solely on equity financing to fund its capital structure. A debt-to-capital ratio of 0.00 suggests that JetBlue has a conservative financial strategy with minimal risk associated with debt obligations. This stable ratio demonstrates the company's ability to maintain a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024