Global Crossing Airlines (JETMF) Ratios
Global Crossing Airlines Ratios
JETMF's free cash flow for Q2 2026 was $-3.94M. For the 2026 fiscal year, JETMF's free cash flow was decreased by $-2.42M and operating cash flow was $-1.52M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Mar 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.34 | 0.35 | 0.58 | 0.42 | 0.65 |
| Quick Ratio | 0.34 | 0.35 | 0.46 | 0.24 | 0.47 |
| Cash Ratio | 0.22 | 0.19 | 0.22 | 0.07 | 0.36 |
| Solvency Ratio | 0.12 | 0.05 | -0.07 | -0.18 | -0.69 |
| Operating Cash Flow Ratio | 0.31 | 0.12 | -0.03 | -0.25 | -0.55 |
| Short-Term Operating Cash Flow Coverage | 9.23 | 0.28 | 0.00 | -3.78 | -5.14 |
| Net Current Asset Value | $ -200.94M | $ -172.85M | $ -120.60M | $ -46.70M | $ -25.24M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.83 | 0.90 | 0.85 | 0.77 | 0.64 |
| Debt-to-Equity Ratio | -5.69 | -5.07 | -5.57 | -5.40 | 5.89 |
| Debt-to-Capital Ratio | 1.21 | 1.25 | 1.22 | 1.23 | 0.85 |
| Long-Term Debt-to-Capital Ratio | 3.70 | 170.86 | 3.21 | -2.34 | 0.00 |
| Financial Leverage Ratio | -6.88 | -5.64 | -6.54 | -7.05 | 9.20 |
| Debt Service Coverage Ratio | 2.68 | 0.48 | -1.10 | -2.56 | -11.72 |
| Interest Coverage Ratio | 0.77 | -0.13 | -3.23 | -6.93 | -543.76 |
| Debt to Market Cap | 0.89 | 1.49 | 0.67 | 0.10 | 0.02 |
| Interest Debt Per Share | 2.80 | 2.63 | 2.06 | 0.78 | 0.54 |
| Net Debt to EBITDA | 3.72 | 7.58 | -18.56 | -4.24 | -1.05 |
| Profitability Margins | |||||
| Gross Profit Margin | 41.11% | 15.81% | 7.22% | 7.45% | -48.89% |
| EBIT Margin | 3.61% | -1.09% | -9.91% | -14.62% | -139.69% |
| EBITDA Margin | 15.81% | 8.11% | -3.37% | -9.05% | -131.37% |
| Operating Profit Margin | 3.61% | -0.50% | -9.91% | -11.57% | -120.07% |
| Pretax Profit Margin | -1.06% | -5.09% | -12.98% | -16.29% | -139.91% |
| Net Profit Margin | -1.24% | -5.13% | -13.12% | -16.29% | -175.35% |
| Continuous Operations Profit Margin | -1.06% | -5.09% | -12.98% | -16.29% | -139.91% |
| Net Income Per EBT | 117.35% | 100.78% | 101.09% | 100.00% | 125.33% |
| EBT Per EBIT | -29.20% | 1009.13% | 130.99% | 140.79% | 116.53% |
| Return on Assets (ROA) | -1.53% | -6.88% | -16.00% | -30.92% | -64.14% |
| Return on Equity (ROE) | 10.53% | 38.82% | 104.57% | 218.05% | -590.25% |
| Return on Capital Employed (ROCE) | 8.15% | -1.12% | -20.26% | -48.23% | -70.41% |
| Return on Invested Capital (ROIC) | 6.53% | -0.75% | -17.14% | -35.24% | -58.49% |
| Return on Tangible Assets | -1.53% | -6.88% | -16.00% | -30.92% | -64.14% |
| Earnings Yield | -6.37% | -29.24% | -48.07% | -22.34% | -30.15% |
| Efficiency Ratios | |||||
| Receivables Turnover | 37.03 | 33.51 | 15.73 | 36.45 | 19.17 |
| Payables Turnover | 10.65 | 14.99 | 19.86 | 17.99 | 8.17 |
| Inventory Turnover | 0.00 | 0.00 | 23.72 | 18.01 | 7.97 |
| Fixed Asset Turnover | 1.62 | 2.23 | 1.85 | 2.93 | 0.61 |
| Asset Turnover | 1.24 | 1.34 | 1.22 | 1.90 | 0.37 |
| Working Capital Turnover Ratio | -4.87 | -6.89 | -8.30 | -9.14 | -4.05 |
| Cash Conversion Cycle | -24.42 | -13.46 | 20.22 | 9.99 | 20.18 |
| Days of Sales Outstanding | 9.86 | 10.89 | 23.21 | 10.01 | 19.04 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 15.39 | 20.27 | 45.79 |
| Days of Payables Outstanding | 34.28 | 24.35 | 18.38 | 20.29 | 44.65 |
| Operating Cycle | 9.86 | 10.89 | 38.60 | 30.28 | 64.83 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 0.44 | 0.13 | -0.02 | -0.13 | -0.17 |
| Free Cash Flow Per Share | 0.26 | 0.01 | -0.10 | -0.17 | -0.19 |
| Dividend Paid and CapEx Coverage Ratio | 2.31 | 1.12 | -0.34 | -3.58 | -12.38 |
| Capital Expenditure Coverage Ratio | 2.41 | 1.12 | -0.34 | -3.58 | -12.38 |
| Operating Cash Flow Coverage Ratio | 0.17 | 0.05 | -0.01 | -0.17 | -0.32 |
| Operating Cash Flow to Sales Ratio | 0.11 | 0.04 | -0.01 | -0.07 | -0.57 |
| Free Cash Flow Yield | 34.10% | 2.17% | -12.40% | -12.37% | -10.50% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -15.70 | -3.42 | -2.08 | -4.48 | -3.32 |
| Price-to-Sales (P/S) Ratio | 0.19 | 0.18 | 0.27 | 0.73 | 5.82 |
| Price-to-Book (P/B) Ratio | -1.65 | -1.33 | -2.18 | -9.76 | 19.58 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 2.93 | 46.00 | -8.06 | -8.08 | -9.52 |
| Price-to-Operating Cash Flow Ratio | 1.71 | 4.86 | -31.68 | -10.34 | -10.29 |
| Price-to-Earnings Growth (PEG) Ratio | 0.21 | 0.07 | -0.09 | 0.15 | -0.01 |
| Enterprise Value Multiple | 4.95 | 9.75 | -26.65 | -12.29 | -5.48 |
| Enterprise Value | 196.11M | 176.84M | 143.99M | 108.09M | 102.90M |
| EV to EBITDA | 4.95 | 9.75 | -26.65 | -12.29 | -5.48 |
| EV to Sales | 0.78 | 0.79 | 0.90 | 1.11 | 7.20 |
| EV to Free Cash Flow | 11.81 | 207.32 | -26.56 | -12.34 | -11.78 |
| EV to Operating Cash Flow | 6.90 | 21.91 | -104.36 | -15.78 | -12.74 |
| Tangible Book Value Per Share | -0.46 | -0.49 | -0.35 | -0.14 | 0.09 |
| Shareholders’ Equity Per Share | -0.46 | -0.49 | -0.35 | -0.14 | 0.09 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.01 | -0.00 | -0.00 | 0.00 | -0.00 |
| Revenue Per Share | 3.91 | 3.71 | 2.82 | 1.86 | 0.31 |
| Net Income Per Share | -0.05 | -0.19 | -0.37 | -0.30 | -0.54 |
| Tax Burden | 1.17 | 1.01 | 1.01 | 1.00 | 1.25 |
| Interest Burden | -0.29 | 4.69 | 1.31 | 1.11 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.02 | 0.03 | 0.03 | 0.04 | 0.12 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.02 | 0.01 | 0.09 |
| Income Quality | -10.85 | -0.71 | 0.07 | 0.43 | 0.40 |
Currency in CAD