Global Crossing Airlines Group Inc. (JETBF) Interest Coverage Ratio (2021 - 2026)
Global Crossing Airlines (JETBF) posted quarterly Interest Coverage Ratio of 1.86 for Q1 2026, up 54.47% YoY from 1.2 in Q1 2025, and up 309.93% sequentially from 0.45 in Q4 2025.
Global Crossing Airlines Group Inc. (JETBF) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Global Crossing Airlines has disclosed Interest Coverage Ratio across 6 years of filings, most recently posting 1.86 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 54.47% year-over-year to 1.86; the TTM figure through Mar 2026 stood at 0.97 (up 44.44% YoY), while the FY2025 annual figure was 0.77, up 714.47% from the prior year.
- Interest Coverage Ratio grew to 1.86 in Q1 2026, from 0.45 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for JETBF reached as high as 1.86 in Q1 2026 and fell as low as 293.78 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 0.91 (2023), against an average of 22.65.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio jumped 222.42% — and 2025, when it tumbled 66.47%.
- A 5-year view of Interest Coverage Ratio shows it stood at 27.86 in 2022, then surged by 96.03% to 1.1 in 2023, then jumped by 222.42% to 1.35 in 2024, then plunged by 66.47% to 0.45 in 2025, then soared by 309.93% to 1.86 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.86, 0.45, and 0.35 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.01 |
| Mar 31, 2026 | 1.37 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.75 |
| Dec 31, 2024 | 1.99 |
| Sep 30, 2024 | -0.02 |
| Jun 30, 2024 | 0.02 |
| Mar 31, 2024 | -1.50 |
| Dec 31, 2023 | -0.71 |
| Sep 30, 2023 | -0.16 |
| Jun 30, 2023 | -0.24 |
| Mar 31, 2023 | -2.74 |
| Dec 31, 2022 | -2.19 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | -27.86 |
| Mar 31, 2022 | -293.78 |
| Dec 31, 2021 | -11.76 |
| Sep 30, 2021 | -701.74 |