Global Crossing Airlines Group Inc. (JETBF) Debt Ratio (2021 - 2026)
Global Crossing Airlines (JETBF) posted quarterly Debt Ratio of 0.19 for Q1 2026, up 7.32% YoY from 0.18 in Q1 2025, and down 2.52% sequentially from 0.2 in Q4 2025.
Global Crossing Airlines Group Inc. (JETBF) Debt Ratio (2021 - 2026) Analysis & Trends
Global Crossing Airlines has disclosed Debt Ratio across 6 years of filings, most recently posting 0.19 for Q1 2026.
- In Q1 2026, Debt Ratio rose 7.32% year-over-year to 0.19; the TTM figure through Mar 2026 stood at 0.19 (up 7.32% YoY), while the FY2025 annual figure was 0.2, up 11.72% from the prior year.
- Debt Ratio slipped to 0.19 in Q1 2026, from 0.2 in the prior quarter.
- Over the last five years, Debt Ratio for JETBF reached as high as 0.27 in Q3 2023 and fell as low as 0.01 in Q2 2023.
- The 5-year median for Debt Ratio is 0.18 (2024), against an average of 0.16.
- Annual changes were most pronounced in 2023 — Debt Ratio tumbled 92.79% — and 2024, when it surged 2953.48%.
- A 5-year view of Debt Ratio shows it stood at 0.1 in 2022, then jumped by 123.68% to 0.22 in 2023, then dropped by 19.74% to 0.18 in 2024, then gained by 11.72% to 0.2 in 2025, then declined by 2.52% to 0.19 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.19, 0.2, and 0.24 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.19 |
| Mar 31, 2026 | 0.19 |
| Dec 31, 2025 | 0.20 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.11 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.01 |