JetBlue Reconciled Depreciation vs Non Operating Income Net Other Analysis
JBLU Stock | USD 6.15 0.00 0.00% |
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 Reconciled Depreciation and its Non Operating Income Net Other 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.
Reconciled Depreciation vs Non Operating Income Net Other
Reconciled Depreciation vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JetBlue Airways Corp Reconciled Depreciation account and Non Operating Income Net Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JetBlue Airways' Reconciled Depreciation and Non Operating Income Net Other is -0.27. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Non Operating Income Net Other 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' Reconciled Depreciation and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of JetBlue Airways Corp are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Reconciled Depreciation i.e., JetBlue Airways' Reconciled Depreciation and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Reconciled Depreciation
Non Operating Income Net Other
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 Items | 25.2M | 23.9M | Reconciled Depreciation | 621M | 588.2M |
JetBlue Airways fundamental ratios Correlations
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JetBlue Airways Account Relationship Matchups
High Positive Relationship
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JetBlue Airways fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.9B | 13.4B | 13.6B | 13.0B | 13.9B | 7.7B | |
Total Stockholder Equity | 4.8B | 3.9B | 3.8B | 3.6B | 3.3B | 2.4B | |
Net Debt | 2.2B | 3.8B | 2.8B | 3.3B | 4.2B | 2.2B | |
Cash | 929M | 1.9B | 2.0B | 1.0B | 1.2B | 596.1M | |
Cash And Short Term Investments | 929M | 1.9B | 2.0B | 1.0B | 1.6B | 1.6B | |
Common Stock Shares Outstanding | 298.4M | 277.5M | 318M | 323.6M | 332.9M | 275.4M | |
Liabilities And Stockholders Equity | 11.9B | 13.4B | 13.6B | 13.0B | 13.9B | 7.7B | |
Total Current Assets | 1.8B | 3.3B | 3.2B | 1.9B | 2.2B | 1.4B | |
Other Current Liab | 671M | 1.6B | 986M | 1.3B | 1.4B | 1.4B | |
Total Current Liabilities | 2.7B | 2.7B | 3.4B | 3.7B | 3.6B | 1.8B | |
Other Liab | 1.8B | 1.6B | 2.0B | 2.0B | 2.3B | 2.4B | |
Accounts Payable | 401M | 365M | 499M | 532M | 641M | 673.1M | |
Other Assets | 896M | (53M) | 13.6B | 13.0B | 15.0B | 15.8B | |
Long Term Debt | 2.0B | 4.4B | 3.7B | 3.1B | 4.4B | 2.3B | |
Inventory | 81M | 71M | 74M | 87M | 109M | 114.5M | |
Other Current Assets | 146M | 123M | 122M | 120M | 148M | 104.6M | |
Total Liab | 7.1B | 9.4B | 9.8B | 9.5B | 10.5B | 5.5B | |
Property Plant Equipment | 8.6B | 8.4B | 8.8B | 9.4B | 10.8B | 5.6B | |
Short Long Term Debt Total | 3.2B | 5.7B | 4.8B | 4.4B | 5.4B | 3.1B | |
Property Plant And Equipment Net | 9.5B | 9.2B | 9.5B | 9.8B | 10.3B | 6.5B | |
Current Deferred Revenue | 1.1B | 1.1B | 1.6B | 1.6B | 1.5B | 807.5M | |
Retained Earnings | 4.3B | 3.0B | 2.8B | 2.4B | 2.1B | 1.5B | |
Non Current Assets Total | 10.1B | 10.1B | 10.4B | 11.1B | 11.7B | 7.1B | |
Non Currrent Assets Other | 603M | (327M) | (314M) | 82M | 719M | 391.9M | |
Net Receivables | 231M | 98M | 207M | 317M | 336M | 352.8M | |
Short Term Investments | 369M | 1.1B | 824M | 350M | 401M | 474.6M | |
Non Current Liabilities Total | 4.5B | 6.8B | 6.4B | 5.7B | 6.9B | 4.0B | |
Other Stockholder Equity | 471M | 978M | 1.1B | 1.1B | 1.2B | 1.2B | |
Property Plant And Equipment Gross | 9.5B | 9.2B | 13.4B | 14.1B | 15.1B | 15.8B | |
Short Term Debt | 472M | 676M | 567M | 748M | 541M | 376.6M | |
Intangible Assets | 241M | 261M | 299M | 298M | 349M | 366.5M | |
Treasury Stock | (1.3B) | (1.8B) | (2.0B) | (2.0B) | (1.8B) | (1.7B) | |
Net Tangible Assets | 5.5B | 5.3B | 3.7B | 3.3B | 3.8B | 3.9B | |
Good Will | (1.1B) | (1.2B) | (1.5B) | (15M) | (13.5M) | (14.2M) | |
Retained Earnings Total Equity | 3.7B | 4.3B | 3.0B | 2.8B | 3.2B | 2.2B | |
Long Term Debt Total | 1.4B | 2.0B | 4.4B | 3.7B | 4.2B | 2.5B |
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