JetBlue Airways Corp (JBLU)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,641,000K
= 0.00
The debt-to-equity ratio of JetBlue Airways Corp has consistently been at 0.00 from March 2020 through December 2024. This indicates that the company has not utilized any debt financing to support its operations during this time period. A debt-to-equity ratio of 0.00 typically signifies that the company is only financed through equity, implying a lower financial risk as there is no debt obligations to be met. JetBlue's stable and low debt-to-equity ratio may suggest a conservative approach to capital structure and financial management, with a lower reliance on debt to fund its operations. Overall, the lack of debt in the capital structure can offer financial flexibility and stability.
Peer comparison
Dec 31, 2024