Jet.AI (JTAI) Interest Coverage Ratio (2023 - 2024)
Jet.AI's (JTAI) quarterly Interest Coverage Ratio came in at 37.77 in Q4 2024, up 2.34% on a YoY basis from 36.91 in Q1 2024, and up 4.88% quarter-over-quarter from 39.71 in Q1 2024.
Analysis
Jet.AI (JTAI) Interest Coverage Ratio (2023 - 2024) Analysis & Trends
Jet.AI (JTAI) has reported Interest Coverage Ratio for 2 consecutive years, with 37.77 the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Interest Coverage Ratio rose 2.34% year-over-year to 37.77; the trailing twelve-month figure through Dec 2024 stood at 75.22 (changed N/A YoY), and the FY2024 full-year result was 75.22, up 37.7% from the prior year.
- Interest Coverage Ratio improved to 37.77 in Q4 2024 per JTAI's latest filing, from 39.71 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 37.77 in Q4 2024 and bottomed at 177.07 in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - | - |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn | 4.45 |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn | -3.25 |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn | -1.95 |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn | 6.25 |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - | -0.50 |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | 0.53 |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn | -0.96 |
| 10 | Jet.AI | 1.66 Mn | -8.95 Mn | -183,748.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -37.77 |
| Mar 31, 2024 | -39.71 |
| Dec 31, 2023 | -38.68 |
| Sep 30, 2023 | -177.07 |