JetBlue Fixed Asset Turnover from 2010 to 2024

JBLU Stock  USD 7.11  0.28  4.10%   
JetBlue Airways Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 0.63 in 2024. From the period from 2010 to 2024, JetBlue Airways Fixed Asset Turnover quarterly data regression had r-value of (0.29) and coefficient of variation of  22.55. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.93640436
Current Value
0.63
Quarterly Volatility
0.18625802
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JetBlue Airways financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JetBlue main balance sheet or income statement drivers, such as Depreciation And Amortization of 652 M, Interest Expense of 135.3 M or Selling General Administrative of 300.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.72 or PTB Ratio of 0.9. JetBlue financial statements analysis is a perfect complement when working with JetBlue Airways Valuation or Volatility modules.
  
This module can also supplement JetBlue Airways' financial leverage analysis and stock options assessment as well as various JetBlue Airways Technical models . Check out the analysis of JetBlue Airways Correlation against competitors.

Latest JetBlue Airways' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of JetBlue Airways Corp over the last few years. It is JetBlue Airways' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JetBlue Airways' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

JetBlue Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.83
Geometric Mean0.80
Coefficient Of Variation22.55
Mean Deviation0.14
Median0.92
Standard Deviation0.19
Sample Variance0.03
Range0.6432
R-Value(0.29)
Mean Square Error0.03
R-Squared0.09
Significance0.29
Slope(0.01)
Total Sum of Squares0.49

JetBlue Fixed Asset Turnover History

2023 0.94
2021 0.63
2020 0.32
2019 0.85
2018 0.92
2017 0.87
2016 0.91

About JetBlue Airways Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include JetBlue Airways income statement, its balance sheet, and the statement of cash flows. JetBlue Airways investors use historical funamental indicators, such as JetBlue Airways's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although JetBlue Airways investors may use each financial statement separately, they are all related. The changes in JetBlue Airways's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JetBlue Airways's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on JetBlue Airways Financial Statements. Understanding these patterns can help to make the right decision on long term investment in JetBlue Airways. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.94  0.63 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether JetBlue Airways Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if JetBlue Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jetblue Airways Corp Stock. Highlighted below are key reports to facilitate an investment decision about Jetblue Airways Corp Stock:
Check out the analysis of JetBlue Airways Correlation against competitors.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary 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.
Global Correlations
Find global opportunities by holding instruments from different markets
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is JetBlue Airways' industry 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 JetBlue Airways. If investors know JetBlue 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 JetBlue Airways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Earnings Share
(0.93)
Revenue Per Share
28.883
Quarterly Revenue Growth
(0.04)
Return On Assets
(0)
The market value of JetBlue Airways Corp is measured differently than its book value, which is the value of JetBlue that is recorded on the company's balance sheet. Investors also form their own opinion of JetBlue Airways' value that differs from its market value or its book value, called intrinsic value, which is JetBlue Airways' 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 JetBlue Airways' market value can be influenced by many factors that don't directly affect JetBlue Airways' 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 JetBlue Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if JetBlue Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetBlue Airways' 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.