Global Crossing Airlines JETMF
OTC JETMF
$0.60 -0.04 (-6.25%)
At close: Sep 4, 2026 · 4:00 PM EDT

Global Crossing Airlines (JETMF) Debt Ratio (2021 - 2026)

Global Crossing Airlines' (JETMF) quarterly Debt Ratio came in at 0.21 in Q2 2026, up 13.31% year-over-year from 0.18 in Q2 2025, and down 1.1% quarter-over-quarter from 0.21 in Q1 2026.

Analysis

Global Crossing Airlines (JETMF) Debt Ratio (2021 - 2026) Analysis & Trends

Global Crossing Airlines (JETMF) has reported Debt Ratio for 6 consecutive years, with 0.21 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio rose 13.31% year-over-year to 0.21 in Q2 2026; TTM through Jun 2026 was 0.21, a 13.31% increase from a year earlier, with the FY2025 full-year figure at 0.21, up 20.23% from the prior year.
  • Debt Ratio was 0.21 for Q2 2026 at Global Crossing Airlines, down from 0.21 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.27 in Q3 2023 and troughed at 0.1 in Q2 2023.
  • A 5-year average of 0.18 and a median of 0.18 in 2025 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio soared 234.6% in 2022 and sank 33.03% in 2024, its largest moves.
  • Over 5 years, Debt Ratio stood at 0.13 in 2022, then jumped by 64.92% to 0.22 in 2023, then slipped by 19.74% to 0.18 in 2024, then increased by 20.23% to 0.21 in 2025, then retreated by 3.84% to 0.21 in 2026.
  • The last three Debt Ratio figures came in at 0.21 (Q2 2026), 0.21 (Q1 2026), and 0.21 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Delta Air Lines 51.79 Bn 47.12 Bn 19.07 Bn 0.20
2 Ryanair Holdings 28.72 Bn 24.79 Bn - 0.00
3 Southwest Airlines 19.00 Bn 15.21 Bn 7.33 Bn 0.20
4 Copa Holdings 5.37 Bn 4.11 Bn 1.03 Bn 0.32
5 Alaska Air 4.55 Bn 1.88 Bn 3.76 Bn 0.31
6 Skywest 3.76 Bn 3.16 Bn 1.01 Bn 0.31
7 Grupo Aeromexico, S.A.B. de C.V 2.27 Bn 1.24 Bn - 0.06
8 Allegiant Travel 1.74 Bn 689.68 Mn 902.77 Mn 0.48
9 Jetblue Airways 1.70 Bn -322.81 Mn 2.32 Bn 0.55
10 Global Crossing Airlines 40.13 Mn 28.25 Mn - 0.21
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.21
Mar 31, 2026 0.21
Dec 31, 2025 0.21
Sep 30, 2025 0.26
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 0.10
Mar 31, 2023 0.14
Dec 31, 2022 0.13
Sep 30, 2022 0.12
Jun 30, 2022 0.12
Mar 31, 2022 0.12
Dec 31, 2021 0.04