JetBlue Depreciation And Amortization vs Total Revenue Analysis

0JOT Stock   6.72  0.07  1.03%   
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 Depreciation And Amortization and its Total Revenue accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation And Amortization vs Total Revenue

Depreciation And Amortization vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JetBlue Airways Corp Depreciation And Amortization account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between JetBlue Airways' Depreciation And Amortization and Total Revenue is 0.66. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue 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' Depreciation And Amortization and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of JetBlue Airways Corp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Depreciation And Amortization i.e., JetBlue Airways' Depreciation And Amortization and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts JetBlue Airways Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 3.8 B in 2024, despite the fact that Tax Provision is likely to grow to (69.3 M).
 2021 2022 2023 2024 (projected)
Cost Of Revenue5.7B7.7B8.7B9.1B
Interest Expense227M166M210M153.8M

JetBlue Airways fundamental ratios Correlations

0.810.690.770.710.610.230.850.730.690.950.980.940.720.70.99-0.140.610.570.880.72-0.010.940.780.640.96
0.810.180.430.390.550.140.560.220.850.730.860.780.940.530.830.020.510.380.440.510.130.560.450.310.74
0.690.180.690.670.450.260.710.950.210.660.610.550.090.510.65-0.120.390.540.910.62-0.050.860.80.630.69
0.770.430.690.90.16-0.110.960.870.380.690.690.650.460.560.7-0.560.280.720.890.54-0.380.850.70.720.69
0.710.390.670.90.14-0.10.850.820.380.660.670.60.430.780.67-0.290.540.620.840.75-0.360.810.610.880.68
0.610.550.450.160.140.840.40.280.330.550.580.620.270.250.590.320.380.420.440.390.730.50.370.040.66
0.230.140.26-0.11-0.10.840.130.07-0.030.210.170.31-0.19-0.060.190.310.10.330.170.050.830.190.02-0.220.37
0.850.560.710.960.850.40.130.840.480.740.770.730.510.540.77-0.450.290.840.90.56-0.140.880.710.620.8
0.730.220.950.870.820.280.070.840.250.680.640.580.20.570.67-0.320.360.620.960.63-0.260.90.80.740.69
0.690.850.210.380.380.33-0.030.480.250.60.750.590.850.530.730.030.490.330.420.5-0.150.50.360.370.61
0.950.730.660.690.660.550.210.740.680.60.960.970.650.760.97-0.10.720.380.830.74-0.060.930.770.690.94
0.980.860.610.690.670.580.170.770.640.750.960.940.80.761.0-0.040.690.460.810.76-0.020.890.750.650.95
0.940.780.550.650.60.620.310.730.580.590.970.940.670.680.94-0.120.660.410.750.640.050.860.660.580.94
0.720.940.090.460.430.27-0.190.510.20.850.650.80.670.560.76-0.070.490.270.380.51-0.140.490.430.40.61
0.70.530.510.560.780.25-0.060.540.570.530.760.760.680.560.770.170.920.190.660.96-0.220.730.570.890.71
0.990.830.650.70.670.590.190.770.670.730.971.00.940.760.77-0.040.70.460.830.77-0.020.920.760.670.96
-0.140.02-0.12-0.56-0.290.320.31-0.45-0.320.03-0.1-0.04-0.12-0.070.17-0.040.42-0.44-0.250.290.52-0.2-0.26-0.07-0.03
0.610.510.390.280.540.380.10.290.360.490.720.690.660.490.920.70.42-0.050.480.89-0.030.590.430.740.64
0.570.380.540.720.620.420.330.840.620.330.380.460.410.270.190.46-0.44-0.050.650.250.110.580.480.280.54
0.880.440.910.890.840.440.170.90.960.420.830.810.750.380.660.83-0.250.480.650.71-0.160.980.830.760.85
0.720.510.620.540.750.390.050.560.630.50.740.760.640.510.960.770.290.890.250.71-0.070.750.630.850.72
-0.010.13-0.05-0.38-0.360.730.83-0.14-0.26-0.15-0.06-0.020.05-0.14-0.22-0.020.52-0.030.11-0.16-0.07-0.13-0.14-0.440.13
0.940.560.860.850.810.50.190.880.90.50.930.890.860.490.730.92-0.20.590.580.980.75-0.130.840.760.92
0.780.450.80.70.610.370.020.710.80.360.770.750.660.430.570.76-0.260.430.480.830.63-0.140.840.660.69
0.640.310.630.720.880.04-0.220.620.740.370.690.650.580.40.890.67-0.070.740.280.760.85-0.440.760.660.62
0.960.740.690.690.680.660.370.80.690.610.940.950.940.610.710.96-0.030.640.540.850.720.130.920.690.62
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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
Cash929M1.9B2.0B1.0B1.2B615.6M
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
Other Stockholder Equity471M978M1.1B1.1B1.2B1.1B
Total Current Assets1.8B3.3B3.2B1.9B2.2B1.4B
Short Long Term Debt Total3.2B5.7B4.8B4.4B5.4B3.1B
Other Current Liab1.7B1.6B986M1.3B1.4B929.8M
Total Current Liabilities2.7B2.7B3.4B3.7B3.6B2.0B
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
Accounts Payable401M365M499M532M641M673.1M
Non Current Assets Total10.1B10.1B10.4B11.1B11.7B7.1B
Non Currrent Assets Other603M(327M)(314M)82M913M958.7M
Net Receivables231M98M207M317M336M352.8M
Short Term Investments369M1.1B824M350M401M474.6M
Non Current Liabilities Total4.5B6.8B6.4B5.7B6.9B4.0B
Inventory81M71M74M87M109M114.5M
Other Current Assets146M123M122M120M148M192.3M
Total Liab7.1B9.4B9.8B9.5B10.5B6.0B
Short Term Debt600M676M567M748M541M393.8M
Intangible Assets241M261M299M298M349M366.5M
Other Assets757M(53M)821M1.2B1.4B1.5B
Good Will(1.1B)(1.2B)(1.5B)(15M)(13.5M)(14.2M)
Long Term Debt879M1.3B1.9B4.4B5.0B5.3B
Capital Surpluse2.1B2.2B2.3B3.0B3.4B2.6B
Treasury Stock(890M)(1.3B)(1.8B)(2.0B)(1.8B)(1.9B)
Property Plant Equipment9.1B8.8B9.2B9.4B10.8B9.5B
Other Liab1.8B1.6B2.0B2.0B2.3B2.0B
Net Tangible Assets4.6B3.7B3.6B3.3B2.9B3.2B

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