JetBlue Other Liab vs Other Current Assets Analysis

JBLU Stock  USD 5.78  0.06  1.05%   
JetBlue Airways financial indicator trend analysis is infinitely more than just investigating JetBlue Airways Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JetBlue Airways Corp is a good investment. Please check the relationship between JetBlue Airways Other Liab and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Other Liab vs Other Current Assets

Other Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JetBlue Airways Corp Other Liab account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between JetBlue Airways' Other Liab and Other Current Assets is 0.72. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of JetBlue Airways Corp, assuming nothing else is changed. The correlation between historical values of JetBlue Airways' Other Liab and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of JetBlue Airways Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Liab i.e., JetBlue Airways' Other Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from JetBlue Airways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JetBlue Airways Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, JetBlue Airways' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 9.29 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 50.4 M in 2024.
 2023 2024 (projected)
Extraordinary Items25.2M23.9M
Reconciled Depreciation621M588.2M

JetBlue Airways fundamental ratios Correlations

0.810.690.770.710.610.850.730.960.760.720.450.70.730.530.950.960.970.730.980.940.720.99-0.290.610.96
0.810.180.430.390.550.560.520.740.720.550.080.190.520.820.590.760.850.220.860.780.940.830.080.510.75
0.690.180.690.670.450.710.540.660.350.520.510.960.62-0.130.860.690.610.950.610.550.090.65-0.440.390.69
0.770.430.690.90.170.960.510.680.510.560.480.810.540.190.840.670.610.870.690.650.460.7-0.750.280.69
0.710.390.670.90.140.850.730.640.680.780.70.780.750.230.780.630.580.820.670.60.430.67-0.710.540.66
0.610.550.450.170.140.40.410.580.390.290.080.380.410.240.550.710.660.280.580.620.270.590.370.380.66
0.850.560.710.960.850.40.540.740.570.550.390.820.560.290.880.790.720.840.770.730.510.77-0.60.290.8
0.730.520.540.510.730.410.540.780.910.960.830.540.930.470.740.740.740.560.770.750.480.79-0.230.930.75
0.960.740.660.680.640.580.740.780.770.750.570.640.720.510.930.940.960.670.960.980.650.97-0.270.690.95
0.760.720.350.510.680.390.570.910.770.870.640.370.820.720.670.740.780.410.810.770.70.8-0.180.840.75
0.720.550.520.560.780.290.550.960.750.870.820.540.960.50.720.690.730.570.770.70.570.78-0.30.930.7
0.450.080.510.480.70.080.390.830.570.640.820.530.740.110.580.440.420.570.460.520.110.49-0.480.780.47
0.70.190.960.810.780.380.820.540.640.370.540.530.61-0.10.870.690.590.980.610.550.120.64-0.570.340.7
0.730.520.620.540.750.410.560.930.720.820.960.740.610.420.740.710.740.630.770.650.510.78-0.180.890.71
0.530.82-0.130.190.230.240.290.470.510.720.50.11-0.10.420.310.50.62-0.060.610.540.820.580.130.480.5
0.950.590.860.840.780.550.880.740.930.670.720.580.870.740.310.930.890.880.910.880.50.93-0.440.570.93
0.960.760.690.670.630.710.790.740.940.740.690.440.690.710.50.930.960.670.940.940.610.95-0.190.611.0
0.970.850.610.610.580.660.720.740.960.780.730.420.590.740.620.890.960.60.980.940.750.99-0.120.680.96
0.730.220.950.870.820.280.840.560.670.410.570.570.980.63-0.060.880.670.60.640.580.20.67-0.650.360.69
0.980.860.610.690.670.580.770.770.960.810.770.460.610.770.610.910.940.980.640.940.81.0-0.210.690.95
0.940.780.550.650.60.620.730.750.980.770.70.520.550.650.540.880.940.940.580.940.670.94-0.240.660.94
0.720.940.090.460.430.270.510.480.650.70.570.110.120.510.820.50.610.750.20.80.670.76-0.040.490.62
0.990.830.650.70.670.590.770.790.970.80.780.490.640.780.580.930.950.990.671.00.940.76-0.230.70.96
-0.290.08-0.44-0.75-0.710.37-0.6-0.23-0.27-0.18-0.3-0.48-0.57-0.180.13-0.44-0.19-0.12-0.65-0.21-0.24-0.04-0.23-0.01-0.25
0.610.510.390.280.540.380.290.930.690.840.930.780.340.890.480.570.610.680.360.690.660.490.7-0.010.62
0.960.750.690.690.660.660.80.750.950.750.70.470.70.710.50.931.00.960.690.950.940.620.96-0.250.62
Click cells to compare fundamentals

JetBlue Airways Account Relationship Matchups

JetBlue Airways fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.9B13.4B13.6B13.0B13.9B7.7B
Total Stockholder Equity4.8B3.9B3.8B3.6B3.3B2.4B
Net Debt2.2B3.8B2.8B3.3B4.2B2.2B
Cash929M1.9B2.0B1.0B1.2B596.1M
Cash And Short Term Investments929M1.9B2.0B1.0B1.6B1.6B
Common Stock Shares Outstanding298.4M277.5M318M323.6M332.9M275.4M
Liabilities And Stockholders Equity11.9B13.4B13.6B13.0B13.9B7.7B
Total Current Assets1.8B3.3B3.2B1.9B2.2B1.4B
Other Current Liab671M624M839M984M1.1B1.2B
Total Current Liabilities2.7B2.7B3.4B3.7B3.6B1.8B
Other Liab1.8B1.6B2.0B2.0B2.3B2.4B
Accounts Payable401M365M499M532M641M673.1M
Other Assets896M(53M)13.6B13.0B15.0B15.8B
Long Term Debt2.0B4.4B3.7B3.1B4.4B2.3B
Inventory81M71M74M87M109M114.5M
Other Current Assets146M123M124M120M148M104.7M
Total Liab7.1B9.4B9.8B9.5B10.5B5.5B
Property Plant Equipment8.6B8.4B8.8B9.4B10.8B5.6B
Short Long Term Debt Total3.2B5.7B4.8B4.4B5.4B3.1B
Property Plant And Equipment Net9.5B9.2B9.5B9.8B10.3B6.5B
Current Deferred Revenue1.1B1.1B1.6B1.6B1.5B807.5M
Retained Earnings4.3B3.0B2.8B2.4B2.1B1.5B
Non Current Assets Total10.1B10.1B10.4B11.1B11.7B7.1B
Non Currrent Assets Other603M(327M)(314M)82M170M265.1M
Net Receivables231M98M207M317M336M352.8M
Short Term Investments369M1.1B824M350M401M474.6M
Non Current Liabilities Total4.5B6.8B6.4B5.7B6.9B4.0B
Other Stockholder Equity471M970M1.1B1.1B1.2B1.2B
Property Plant And Equipment Gross9.5B9.2B13.4B14.1B15.1B15.8B
Short Term Debt472M563M461M651M424M355.0M
Intangible Assets241M261M299M298M349M366.5M
Treasury Stock(1.3B)(1.8B)(2.0B)(2.0B)(1.8B)(1.7B)
Net Tangible Assets5.5B5.3B3.7B3.3B3.8B3.9B
Retained Earnings Total Equity3.7B4.3B3.0B2.8B3.2B2.2B
Long Term Debt Total1.4B2.0B4.4B3.7B4.2B2.5B

JetBlue Airways Investors Sentiment

The influence of JetBlue Airways' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in JetBlue. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to JetBlue Airways' public news can be used to forecast risks associated with an investment in JetBlue. The trend in average sentiment can be used to explain how an investor holding JetBlue can time the market purely based on public headlines and social activities around JetBlue Airways Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
JetBlue Airways' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for JetBlue Airways' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average JetBlue Airways' news discussions. The higher the estimated score, the more favorable is the investor's outlook on JetBlue Airways.

JetBlue Airways Implied Volatility

    
  101.04  
JetBlue Airways' implied volatility exposes the market's sentiment of JetBlue Airways Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if JetBlue Airways' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that JetBlue Airways stock will not fluctuate a lot when JetBlue Airways' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards JetBlue Airways in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, JetBlue Airways' short interest history, or implied volatility extrapolated from JetBlue Airways options trading.

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When determining whether JetBlue Airways Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if JetBlue Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jetblue Airways Corp Stock. Highlighted below are key reports to facilitate an investment decision about Jetblue Airways Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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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
(2.46)
Revenue Per Share
28.268
Quarterly Revenue Growth
(0.05)
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.