Jet.AI (JTAI) Debt Ratio (2022 - 2023)
Jet.AI's (JTAI) quarterly Debt Ratio came in at 0.06 in Q4 2023, down 52.3% on a YoY basis from 0.12 in Q4 2022, and down 7.14% quarter-over-quarter from 0.06 in Q3 2023.
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Jet.AI (JTAI) Debt Ratio (2022 - 2023) Analysis & Trends
Jet.AI (JTAI) has reported Debt Ratio for 2 consecutive years, with 0.06 the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Debt Ratio fell 52.3% year-over-year to 0.06; the trailing twelve-month figure through Dec 2023 stood at 0.06 (down 52.3% YoY), and the FY2023 full-year result was 0.06, down 52.3% from the prior year.
- Debt Ratio slipped to 0.06 in Q4 2023 per JTAI's latest filing, from 0.06 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.12 in Q4 2022 and bottomed at 0.04 in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn | 0.20 |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - | 0.00 |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn | 0.20 |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn | 0.32 |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn | 0.31 |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn | 0.31 |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - | 0.06 |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | 0.48 |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn | 0.55 |
| 10 | Jet.AI | 1.66 Mn | -8.95 Mn | -183,748.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 0.06 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.12 |