JetBlue Airways Corp

NASDAQ JBLU

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JetBlue Airways Corp Working Capital to Current Liabilities Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 2.10%

JetBlue Airways Corp Working Capital to Current Liabilities Ratio 5 year CAGR is 2.10% for the Trailing 12 Months (TTM) ending March 31, 2024, a 167.17% change year over year. The working capital to current liabilities ratio measures the proportion of working capital to current liabilities. It is calculated by dividing the difference between current assets and current liabilities by current liabilities. This ratio indicates the company's ability to cover its current liabilities with its working capital. A higher ratio suggests a healthier liquidity position and better ability to meet short-term obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

JetBlue Airways Corp Working Capital to Current Liabilities Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was -0.39, a -161.80% change year over year.
JetBlue Airways Corp Working Capital to Current Liabilities Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was -0.15, a -202.48% change year over year.
JetBlue Airways Corp Working Capital to Current Liabilities Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.15, a 134.49% change year over year.
JetBlue Airways Corp Working Capital to Current Liabilities Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was -0.42, a -1.21% change year over year.

NASDAQ: JBLU

JetBlue Airways Corp

CEO	Mr. Robin N. Hayes
IPO Date	April 12, 2002
Location	United States
Headquarters	27-01 Queens Plaza North, Long Island City, NY, United States, 11101
Employees	20,222
Sector	Industrials
Industry	Airlines

Description

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe. The company was incorporated in 1998 and is based in Long Island City, New York.

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