JetAI Other Operating Expenses from 2010 to 2024

JTAI Stock   5.93  0.16  2.63%   
JetAI's Other Operating Expenses is increasing with slightly volatile movements from year to year. Other Operating Expenses is estimated to finish at about 26.2 M this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2010-12-31
Previous Quarter
24.7 M
Current Value
26.2 M
Quarterly Volatility
4.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JetAI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JetAI's main balance sheet or income statement drivers, such as Income Tax Expense of 2.6 K, Tax Provision of 1.8 K or Depreciation And Amortization of 147.9 K, as well as many indicators such as Price To Sales Ratio of 159, Dividend Yield of 0.0 or Days Sales Outstanding of 2.3. JetAI financial statements analysis is a perfect complement when working with JetAI Valuation or Volatility modules.
  
Check out the analysis of JetAI Correlation against competitors.

Latest JetAI's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of JetAI Inc over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of JetAI Inc. It is also known as JetAI overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. JetAI's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JetAI's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

JetAI Other Operating Expenses Regression Statistics

Arithmetic Mean19,034,956
Geometric Mean18,688,881
Coefficient Of Variation21.78
Mean Deviation3,120,230
Median17,084,812
Standard Deviation4,146,409
Sample Variance17.2T
Range12.5M
R-Value0.66
Mean Square Error10.4T
R-Squared0.44
Significance0.01
Slope614,634
Total Sum of Squares240.7T

JetAI Other Operating Expenses History

202426.2 M
202324.7 M
202229.6 M

About JetAI Financial Statements

Investors use fundamental indicators, such as JetAI's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although JetAI's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Operating Expenses24.7 M26.2 M

Currently Active Assets on Macroaxis

When determining whether JetAI Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of JetAI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jetai Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jetai Inc Stock:
Check out the analysis of JetAI Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Passenger Airlines space 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 JetAI. If investors know JetAI 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 JetAI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(191.17)
Revenue Per Share
319.908
Quarterly Revenue Growth
0.104
Return On Assets
(2.20)
Return On Equity
(31.99)
The market value of JetAI Inc is measured differently than its book value, which is the value of JetAI that is recorded on the company's balance sheet. Investors also form their own opinion of JetAI's value that differs from its market value or its book value, called intrinsic value, which is JetAI's 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 JetAI's market value can be influenced by many factors that don't directly affect JetAI's 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 JetAI's value and its price as these two are different measures arrived at by different means. Investors typically determine if JetAI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetAI's 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.