Jetblue Airways Corp Stock Total Asset
JBLU Stock | USD 7.41 0.08 1.09% |
JetBlue Airways Corp fundamentals help investors to digest information that contributes to JetBlue Airways' financial success or failures. It also enables traders to predict the movement of JetBlue Stock. The fundamental analysis module provides a way to measure JetBlue Airways' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to JetBlue Airways stock.
Total Assets is likely to drop to about 7.7 B in 2024. JetBlue | Total Asset |
JetBlue Total Asset Analysis
JetBlue Airways' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
More About Total Asset | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Begin Period Cash Flow | 2.0B | 2.1B | 1.2B | 1.2B | End Period Cash Flow | 2.1B | 1.2B | 1.3B | 1.4B |
Total Asset | = | Tangible Assets | + | Intangible Assets |
Current JetBlue Airways Total Asset | 13.85 B |
Most of JetBlue Airways' fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, JetBlue Airways Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
JetBlue Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for JetBlue Airways is extremely important. It helps to project a fair market value of JetBlue Stock properly, considering its historical fundamentals such as Total Asset. Since JetBlue Airways' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of JetBlue Airways' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of JetBlue Airways' interrelated accounts and indicators.
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JetBlue Total Asset Historical Pattern
Today, most investors in JetBlue Airways Stock are looking for potential investment opportunities by analyzing not only static indicators but also various JetBlue Airways' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of JetBlue Airways total asset as a starting point in their analysis.
JetBlue Airways Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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JetBlue Total Assets
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Based on the latest financial disclosure, JetBlue Airways Corp has a Total Asset of 13.85 B. This is 245.89% higher than that of the Passenger Airlines sector and 12.52% lower than that of the Industrials industry. The total asset for all United States stocks is 52.99% higher than that of the company.
JetBlue Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JetBlue Airways' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of JetBlue Airways could also be used in its relative valuation, which is a method of valuing JetBlue Airways by comparing valuation metrics of similar companies.JetBlue Airways is currently under evaluation in total asset category among related companies.
JetBlue Airways Institutional Holders
Institutional Holdings refers to the ownership stake in JetBlue Airways that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of JetBlue Airways' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing JetBlue Airways' value.Shares | Goldman Sachs Group Inc | 2023-12-31 | 3.9 M | Charles Schwab Investment Management Inc | 2023-12-31 | 3.9 M | Amvescap Plc. | 2023-12-31 | 3.7 M | Primecap Management Company | 2023-12-31 | 3.4 M | Northern Trust Corp | 2023-12-31 | 3.3 M | Citadel Advisors Llc | 2023-09-30 | 3 M | Bank Of New York Mellon Corp | 2023-12-31 | 3 M | Allianz Asset Management Ag | 2023-12-31 | 2.4 M | Barclays Plc | 2023-12-31 | 2.2 M | Blackrock Inc | 2023-12-31 | 64.8 M | Vanguard Group Inc | 2023-12-31 | 37.1 M |
JetBlue Fundamentals
Return On Equity | -0.0899 | ||||
Return On Asset | -0.0015 | ||||
Profit Margin | (0.03) % | ||||
Operating Margin | (0.02) % | ||||
Current Valuation | 6.3 B | ||||
Shares Outstanding | 339.28 M | ||||
Shares Owned By Insiders | 0.38 % | ||||
Shares Owned By Institutions | 81.87 % | ||||
Number Of Shares Shorted | 37.41 M | ||||
Price To Earning | 11.62 X | ||||
Price To Book | 0.75 X | ||||
Price To Sales | 0.26 X | ||||
Revenue | 9.62 B | ||||
Gross Profit | 2.06 B | ||||
EBITDA | 685 M | ||||
Net Income | (310 M) | ||||
Cash And Equivalents | 2.48 B | ||||
Cash Per Share | 7.67 X | ||||
Total Debt | 5.38 B | ||||
Debt To Equity | 1.34 % | ||||
Current Ratio | 0.81 X | ||||
Book Value Per Share | 9.81 X | ||||
Cash Flow From Operations | 400 M | ||||
Short Ratio | 2.23 X | ||||
Earnings Per Share | (0.93) X | ||||
Price To Earnings To Growth | 6.80 X | ||||
Target Price | 5.63 | ||||
Number Of Employees | 24 K | ||||
Beta | 1.85 | ||||
Market Capitalization | 2.49 B | ||||
Total Asset | 13.85 B | ||||
Retained Earnings | 2.11 B | ||||
Working Capital | (1.47 B) | ||||
Current Asset | 1.37 B | ||||
Current Liabilities | 2.27 B | ||||
Z Score | 1.22 | ||||
Net Asset | 13.85 B |
About JetBlue Airways Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze JetBlue Airways Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JetBlue Airways using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JetBlue Airways Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Total Assets | 13.9 B | 7.7 B |
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Try AI Portfolio ArchitectCheck out JetBlue Airways Piotroski F Score and JetBlue Airways Altman Z Score analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running JetBlue Airways' price analysis, check to measure JetBlue Airways' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JetBlue Airways is operating at the current time. Most of JetBlue Airways' value examination focuses on studying past and present price action to predict the probability of JetBlue Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JetBlue Airways' price. Additionally, you may evaluate how the addition of JetBlue Airways to your portfolios can decrease your overall portfolio volatility.
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Is JetBlue Airways' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JetBlue Airways. If investors know JetBlue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JetBlue Airways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.56) | Earnings Share (0.93) | Revenue Per Share 28.883 | Quarterly Revenue Growth (0.04) | Return On Assets (0) |
The market value of JetBlue Airways Corp is measured differently than its book value, which is the value of JetBlue that is recorded on the company's balance sheet. Investors also form their own opinion of JetBlue Airways' value that differs from its market value or its book value, called intrinsic value, which is JetBlue Airways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JetBlue Airways' market value can be influenced by many factors that don't directly affect JetBlue Airways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JetBlue Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if JetBlue Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetBlue Airways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.