JBLU Stock | | | USD 6.15 0.11 1.82% |
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 Operating Income and its Selling And Marketing Expenses 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.
Operating Income vs Selling And Marketing Expenses
Operating Income vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JetBlue Airways Corp Operating Income account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between JetBlue Airways' Operating Income and Selling And Marketing Expenses is 0.43. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling And Marketing Expenses 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' Operating Income and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of JetBlue Airways Corp are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Operating Income i.e., JetBlue Airways' Operating Income and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from JetBlue Airways Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of JetBlue Airways Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Selling And Marketing Expenses
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.
JetBlue Airways fundamental ratios Correlations
Click cells to compare fundamentals
JetBlue Airways Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JetBlue Airways fundamental ratios Accounts
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