JetBlue Airways Corp (JBLU)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 2,641,000 | 2,644,000 | 2,697,000 | 2,633,000 | 3,337,000 | 3,420,000 | 3,554,000 | 3,373,000 | 3,563,000 | 3,507,000 | 3,446,000 | 3,598,000 | 3,849,000 | 3,949,000 | 3,813,000 | 3,714,000 | 3,943,000 | 3,717,000 | 4,094,000 | 4,366,000 |
| Debt-to-capital 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-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 consistently remained at 0.00 over the years from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has either no debt or a very low level of debt relative to its total capital structure. This implies that JetBlue has mainly utilized equity financing rather than debt to fund its operations and growth. A lower debt-to-capital ratio generally signals a lower financial risk for the company, as it is not relying heavily on debt to finance its activities. However, it is essential to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to get a holistic view of JetBlue's overall financial health and leverage situation.
Peer comparison
Dec 31, 2024