Global Crossing Airlines Stock Today

JET Stock   0.70  0.01  1.45%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 62

 
High
 
Low
Quite High
Global Crossing is selling at 0.7 as of the 24th of November 2024; that is 1.45 percent increase since the beginning of the trading day. The stock's open price was 0.69. Global Crossing has more than 62 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Global Crossing Airlines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Transportation
Category
Industrials
Global Crossing is entity of Canada. It is traded as Stock on NEO exchange. The company has 43.91 M outstanding shares of which 33.44 K shares are currently shorted by private and institutional investors with about 2.98 days to cover all short positions. More on Global Crossing Airlines

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Global Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Global Crossing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global Crossing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Executive ChairmanChristopher MBA
Thematic IdeaAirlines (View all Themes)
Business ConcentrationPassenger Airlines, Transportation, Industrials, Airlines, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors)
Global Crossing's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Global Crossing's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Global Crossing can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Global Crossing's financial leverage. It provides some insight into what part of Global Crossing's total assets is financed by creditors.
Liquidity
Global Crossing cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Global Crossing Airlines has accumulated 151.2 M in total debt. Debt can assist Global Crossing until it has trouble settling it off, either with new capital or with free cash flow. So, Global Crossing's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Crossing Airlines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Crossing's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

3.33 Million
Global Crossing Airlines (JET) is traded on NEO Exchange in Canada and employs 625 people. Global Crossing is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 40.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Global Crossing's market, we take the total number of its shares issued and multiply it by Global Crossing's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Global Crossing Airlines operates under Passenger Airlines sector and is part of Industrials industry. The entity has 43.91 M outstanding shares of which 33.44 K shares are currently shorted by private and institutional investors with about 2.98 days to cover all short positions. Global Crossing generates negative cash flow from operations
Check Global Crossing Probability Of Bankruptcy
Ownership Allocation
Global Crossing Airlines has a total of 43.91 Million outstanding shares. Global Crossing secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Global Ownership Details

Global Crossing Airlines Risk Profiles

Although Global Crossing's alpha and beta are two of the key measurements used to evaluate Global Crossing's performance over the market, the standard measures of volatility play an important role as well.

Global Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Global Crossing without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Global Crossing Corporate Executives

Elected by the shareholders, the Global Crossing's board of directors comprises two types of representatives: Global Crossing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Crossing's management team and ensure that shareholders' interests are well served. Global Crossing's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Global Crossing's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ryan GoepelExecutive CFOProfile
Juan NunezVP COOProfile
Kevin BeitzelChief InspectorProfile
Sean LyonsChief InspectorProfile

Other Information on Investing in Global Stock

Global Crossing financial ratios help investors to determine whether Global Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global Crossing security.