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) Interest Coverage Ratio (2021 - 2026)

Global Crossing Airlines' (JETMF) quarterly Interest Coverage Ratio came in at 0.36 in Q2 2026, down 70.64% year-over-year from 1.23 in Q2 2025, and down 80.55% quarter-over-quarter from 1.86 in Q1 2026.

Analysis

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

Global Crossing Airlines (JETMF) has reported Interest Coverage Ratio for 6 consecutive years, with 0.36 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 70.64% year-over-year to 0.36 in Q2 2026; TTM through Jun 2026 was 0.75, a 4.0% increase from a year earlier, with the FY2025 full-year figure at 0.77, up 714.47% from the prior year.
  • Interest Coverage Ratio was 0.36 for Q2 2026 at Global Crossing Airlines, down from 1.86 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 1.86 in Q1 2026 and troughed at 293.78 in Q1 2022.
  • A 5-year average of 21.21 and a median of 0.28 in 2023 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio soared 222.42% in 2024 and plunged 70.64% in 2026, its largest moves.
  • Over 5 years, Interest Coverage Ratio stood at 27.86 in 2022, then jumped by 96.03% to 1.1 in 2023, then soared by 222.42% to 1.35 in 2024, then tumbled by 66.47% to 0.45 in 2025, then decreased by 20.26% to 0.36 in 2026.
  • The last three Interest Coverage Ratio figures came in at 0.36 (Q2 2026), 1.86 (Q1 2026), and 0.45 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Delta Air Lines 51.79 Bn 47.12 Bn 19.07 Bn -
2 Ryanair Holdings 28.72 Bn 24.79 Bn - -
3 Southwest Airlines 19.00 Bn 15.21 Bn 7.33 Bn 4.45
4 Copa Holdings 5.37 Bn 4.11 Bn 1.03 Bn 3.25
5 Alaska Air 4.55 Bn 1.88 Bn 3.76 Bn -1.95
6 Skywest 3.76 Bn 3.16 Bn 1.01 Bn 6.25
7 Grupo Aeromexico, S.A.B. de C.V 2.27 Bn 1.24 Bn - 0.50
8 Allegiant Travel 1.74 Bn 689.68 Mn 902.77 Mn 0.53
9 Jetblue Airways 1.70 Bn -322.81 Mn 2.32 Bn -0.96
10 Global Crossing Airlines 40.13 Mn 28.25 Mn - 0.36
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.36
Mar 31, 2026 1.86
Dec 31, 2025 0.45
Sep 30, 2025 0.35
Jun 30, 2025 1.23
Mar 31, 2025 1.20
Dec 31, 2024 1.35
Sep 30, 2024 -1.05
Jun 30, 2024 1.13
Mar 31, 2024 -2.62
Dec 31, 2023 -1.10
Sep 30, 2023 -0.91
Jun 30, 2023 -9.75
Mar 31, 2023 -10.20
Jun 30, 2022 -27.86
Mar 31, 2022 -293.78
Mar 31, 2021 -258.08