JetBlue Change To Operating Activities vs Other Non Cash Items Analysis

JBLU Stock  USD 6.09  0.06  0.98%   
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 Change To Operating Activities and its Other Non Cash Items 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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Change To Operating Activities vs Other Non Cash Items

Change To Operating Activities vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JetBlue Airways Corp Change To Operating Activities account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JetBlue Airways' Change To Operating Activities and Other Non Cash Items is -0.37. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Other Non Cash Items 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' Change To Operating Activities and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of JetBlue Airways Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Operating Activities i.e., JetBlue Airways' Change To Operating Activities and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Operating Activities

Other Non Cash Items

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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Enterprise Value is likely to gain to about 7.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 300.2 M in 2024.
 2023 2024 (projected)
Extraordinary Items25.2M23.9M
Reconciled Depreciation621M588.2M

JetBlue Airways fundamental ratios Correlations

0.810.690.770.710.610.850.730.960.760.720.450.70.730.530.950.960.970.730.980.940.720.99-0.150.610.96
0.810.180.430.390.550.560.440.740.720.550.080.190.520.820.590.760.850.220.860.780.940.830.090.510.75
0.690.180.690.670.450.710.70.660.350.520.510.960.62-0.130.860.690.610.950.610.550.090.65-0.210.390.69
0.770.430.690.90.170.960.730.680.510.560.480.810.540.190.840.670.610.870.690.650.460.7-0.650.280.69
0.710.390.670.90.140.850.870.640.680.780.70.780.750.230.780.630.580.820.670.60.430.67-0.520.540.66
0.610.550.450.170.140.40.240.580.390.290.080.380.410.240.550.710.660.280.580.620.270.590.390.380.66
0.850.560.710.960.850.40.740.740.570.550.390.820.560.290.880.790.720.840.770.730.510.77-0.510.290.8
0.730.440.70.730.870.240.740.70.770.840.680.730.830.340.790.710.670.780.720.630.440.74-0.350.660.74
0.960.740.660.680.640.580.740.70.770.750.570.640.720.510.930.940.960.670.960.980.650.97-0.110.690.95
0.760.720.350.510.680.390.570.770.770.870.640.370.820.720.670.740.780.410.810.770.70.80.00.840.75
0.720.550.520.560.780.290.550.840.750.870.820.540.960.50.720.690.730.570.770.70.570.78-0.060.930.7
0.450.080.510.480.70.080.390.680.570.640.820.530.740.110.580.440.420.570.460.520.110.49-0.220.780.47
0.70.190.960.810.780.380.820.730.640.370.540.530.61-0.10.870.690.590.980.610.550.120.64-0.350.340.7
0.730.520.620.540.750.410.560.830.720.820.960.740.610.420.740.710.740.630.770.650.510.780.060.890.71
0.530.82-0.130.190.230.240.290.340.510.720.50.11-0.10.420.310.490.61-0.070.610.540.820.580.170.480.5
0.950.590.860.840.780.550.880.790.930.670.720.580.870.740.310.930.890.880.910.880.50.93-0.250.570.93
0.960.760.690.670.630.710.790.710.940.740.690.440.690.710.490.930.960.670.940.940.610.95-0.030.611.0
0.970.850.610.610.580.660.720.670.960.780.730.420.590.740.610.890.960.60.980.940.750.990.050.680.96
0.730.220.950.870.820.280.840.780.670.410.570.570.980.63-0.070.880.670.60.640.580.20.67-0.440.360.69
0.980.860.610.690.670.580.770.720.960.810.770.460.610.770.610.910.940.980.640.940.81.0-0.060.690.95
0.940.780.550.650.60.620.730.630.980.770.70.520.550.650.540.880.940.940.580.940.670.94-0.120.660.94
0.720.940.090.460.430.270.510.440.650.70.570.110.120.510.820.50.610.750.20.80.670.76-0.040.490.62
0.990.830.650.70.670.590.770.740.970.80.780.490.640.780.580.930.950.990.671.00.940.76-0.070.70.96
-0.150.09-0.21-0.65-0.520.39-0.51-0.35-0.110.0-0.06-0.22-0.350.060.17-0.25-0.030.05-0.44-0.06-0.12-0.04-0.070.21-0.07
0.610.510.390.280.540.380.290.660.690.840.930.780.340.890.480.570.610.680.360.690.660.490.70.210.62
0.960.750.690.690.660.660.80.740.950.750.70.470.70.710.50.931.00.960.690.950.940.620.96-0.070.62
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 Liab671M1.6B986M1.3B1.4B1.4B
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 Assets146M123M122M120M148M104.6M
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)82M719M391.9M
Net Receivables231M98M207M317M336M352.8M
Short Term Investments369M1.1B824M350M401M474.6M
Non Current Liabilities Total4.5B6.8B6.4B5.7B6.9B4.0B
Other Stockholder Equity471M978M1.1B1.1B1.2B1.2B
Property Plant And Equipment Gross9.5B9.2B13.4B14.1B15.1B15.8B
Short Term Debt472M676M567M748M541M376.6M
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
Good Will(1.1B)(1.2B)(1.5B)(15M)(13.5M)(14.2M)
Retained Earnings Total Equity3.7B4.3B3.0B2.8B3.2B2.2B
Long Term Debt Total1.4B2.0B4.4B3.7B4.2B2.5B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for JetBlue Stock Analysis

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.