JetAI Historical Balance Sheet
| JTAI Stock | 5.28 0.32 5.71% |
Trend analysis of JetAI Inc balance sheet accounts such as Other Assets of 702.3 K or Other Current Assets of 149.2 K provides information on JetAI's total assets, liabilities, and equity, which is the actual value of JetAI Inc to its prevalent stockholders. By breaking down trends over time using JetAI balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining JetAI Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether JetAI Inc is a good buy for the upcoming year.
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About JetAI Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of JetAI Inc at a specified time, usually calculated after every quarter, six months, or one year. JetAI Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JetAI and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which JetAI currently owns. An asset can also be divided into two categories, current and non-current.
JetAI Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on JetAI balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of JetAI Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Accounts Payable
An accounting item on the balance sheet that represents JetAI obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of JetAI Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most accounts from JetAI's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into JetAI Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 JetAI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of now, JetAI's Total Current Liabilities is increasing as compared to previous years. The JetAI's current Accounts Payable is estimated to increase to about 1.7 M, while Net Tangible Assets are forecasted to increase to (122.8 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Other Assets | 1.1M | 763.0K | 877.4K | 702.3K | Accounts Payable | 296.2K | 242.9K | 1.7M | 1.7M |
JetAI balance sheet Correlations
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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetAI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.