JetBlue Airways Corp (JBLU)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,641,000K
= 0.00
The debt-to-equity ratio of JetBlue Airways Corp remained steady at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's total debt is either minimal or nonexistent compared to its equity. A debt-to-equity ratio of 0.00 typically signifies that the company relies more on equity financing rather than debt to fund its operations and growth. This can be seen as a positive indicator of financial stability and lower financial risk, as it suggests that JetBlue Airways Corp has a strong equity base to support its activities without being heavily leveraged.
Peer comparison
Dec 31, 2024