Jet.AI Inc.

NasdaqCM JTAI

Jet.AI Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: -77.61

Jet.AI Inc. Interest Coverage Ratio is -77.61 for the Trailing 12 Months (TTM) ending September 30, 2024, a 84.40% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Jet.AI Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was -497.43.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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NasdaqCM: JTAI

Jet.AI Inc.

CEO Mr. Michael D. Winston C.F.A., CFA
IPO Date Oct. 1, 2021
Location United States
Headquarters 10845 Griffith Peak Drive
Employees 9
Sector Industrials
Industries
Description

Jet.AI Inc. primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Flight Club API, an aviation software, that enables FAA Part 135 operators to function simultaneously under FAA Part 380 which permits sale of private jet service by the seat instead of by whole aircraft. In addition, the company offers Reroute software, that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances. Further, it is involved in the aircraft charter, management, and brokerage services. The company was founded in 2018 and is headquartered in Las Vegas, Nevada.

StockViz Staff

January 16, 2025

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