Global Crossing Airlines Stock Current Liabilities
| JET Stock | 0.81 0.01 1.25% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Global Crossing's long-term financial health and intrinsic value.
At this time, Global Crossing's Total Current Liabilities is very stable compared to the past year. As of the 2nd of August 2025, Non Current Liabilities Total is likely to grow to about 136.8 M, while Non Current Liabilities Other is likely to drop about 242.8 K. Global | Current Liabilities |
Global Crossing Airlines Company Current Liabilities Analysis
Global Crossing's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Global Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Global Crossing Airlines has a Current Liabilities of 0.0. This is 100.0% lower than that of the Passenger Airlines sector and 100.0% lower than that of the Industrials industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.
Global Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Crossing's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Global Crossing could also be used in its relative valuation, which is a method of valuing Global Crossing by comparing valuation metrics of similar companies.Global Crossing is currently under evaluation in current liabilities category among its peers.
Global Fundamentals
| Return On Equity | -7.88 | ||||
| Return On Asset | 0.0261 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 247.83 M | ||||
| Shares Outstanding | 49.16 M | ||||
| Shares Owned By Insiders | 30.42 % | ||||
| Shares Owned By Institutions | 25.46 % | ||||
| Number Of Shares Shorted | 33.44 K | ||||
| Price To Book | 27.58 X | ||||
| Price To Sales | 0.22 X | ||||
| Revenue | 223.75 M | ||||
| Gross Profit | 50.39 M | ||||
| EBITDA | 13.95 M | ||||
| Net Income | (11.47 M) | ||||
| Total Debt | 196.21 M | ||||
| Book Value Per Share | (0.45) X | ||||
| Cash Flow From Operations | 8.07 M | ||||
| Short Ratio | 2.98 X | ||||
| Earnings Per Share | (0.11) X | ||||
| Number Of Employees | 678 | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 52.52 M | ||||
| Total Asset | 166.74 M | ||||
| Retained Earnings | (70.57 M) | ||||
| Working Capital | (42.53 M) | ||||
| Net Asset | 166.74 M |
About Global Crossing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Crossing Airlines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Crossing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Crossing Airlines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Global Crossing
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Crossing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Crossing will appreciate offsetting losses from the drop in the long position's value.Moving against Global Stock
The ability to find closely correlated positions to Global Crossing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Crossing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Crossing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Crossing Airlines to buy it.
The correlation of Global Crossing is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Crossing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Crossing Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global Crossing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.