JetBlue Property Plant And Equipment Net vs Retained Earnings Analysis

JBLU Stock

USD 8.05 0.64 8.64%

JetBlue Airways financial indicator trend analysis is infinitely more than just investigating JetBlue Airways Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JetBlue Airways Corp is a good investment. Please check the relationship between JetBlue Airways Property Plant And Equipment Net and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JetBlue Airways Corp Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between JetBlue Airways' Property Plant And Equipment Net and Retained Earnings is 0.8. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of JetBlue Airways Corp, assuming nothing else is changed. The correlation between historical values of JetBlue Airways' Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of JetBlue Airways Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., JetBlue Airways' Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from JetBlue Airways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JetBlue Airways Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, JetBlue Airways' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 9.29 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 50.4 M in 2024.

	2023	2024 (projected)
Extraordinary Items	25.2M	23.9M
Reconciled Depreciation	621M	588.2M

Extraordinary Items Reconciled Depreciation

JetBlue Airways fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Accounts Payable	Other Assets	Long Term Debt	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity
Total Assets		0.81	0.69	0.77	0.71	0.61	0.85	0.73	0.96	0.76	0.72	0.45	0.7	0.73	0.53	0.95	0.96	0.97	0.73	0.98	0.94	0.72	0.99	-0.29	0.61	0.96
Total Stockholder Equity	0.81		0.18	0.43	0.39	0.55	0.56	0.52	0.74	0.72	0.55	0.08	0.19	0.52	0.82	0.59	0.76	0.85	0.22	0.86	0.78	0.94	0.83	0.08	0.51	0.75
Net Debt	0.69	0.18		0.69	0.67	0.45	0.71	0.54	0.66	0.35	0.52	0.51	0.96	0.62	-0.13	0.86	0.69	0.61	0.95	0.61	0.55	0.09	0.65	-0.44	0.39	0.69
Cash	0.77	0.43	0.69		0.9	0.17	0.96	0.51	0.68	0.51	0.56	0.48	0.81	0.54	0.19	0.84	0.67	0.61	0.87	0.69	0.65	0.46	0.7	-0.75	0.28	0.69
Cash And Short Term Investments	0.71	0.39	0.67	0.9		0.14	0.85	0.73	0.64	0.68	0.78	0.7	0.78	0.75	0.23	0.78	0.63	0.58	0.82	0.67	0.6	0.43	0.67	-0.71	0.54	0.66
Common Stock Shares Outstanding	0.61	0.55	0.45	0.17	0.14		0.4	0.41	0.58	0.39	0.29	0.08	0.38	0.41	0.24	0.55	0.71	0.66	0.28	0.58	0.62	0.27	0.59	0.37	0.38	0.66
Total Current Assets	0.85	0.56	0.71	0.96	0.85	0.4		0.54	0.74	0.57	0.55	0.39	0.82	0.56	0.29	0.88	0.79	0.72	0.84	0.77	0.73	0.51	0.77	-0.6	0.29	0.8
Other Current Liab	0.73	0.52	0.54	0.51	0.73	0.41	0.54		0.78	0.91	0.96	0.83	0.54	0.93	0.47	0.74	0.74	0.74	0.56	0.77	0.75	0.48	0.79	-0.23	0.93	0.75
Total Current Liabilities	0.96	0.74	0.66	0.68	0.64	0.58	0.74	0.78		0.77	0.75	0.57	0.64	0.72	0.51	0.93	0.94	0.96	0.67	0.96	0.98	0.65	0.97	-0.27	0.69	0.95
Other Liab	0.76	0.72	0.35	0.51	0.68	0.39	0.57	0.91	0.77		0.87	0.64	0.37	0.82	0.72	0.67	0.74	0.78	0.41	0.81	0.77	0.7	0.8	-0.18	0.84	0.75
Accounts Payable	0.72	0.55	0.52	0.56	0.78	0.29	0.55	0.96	0.75	0.87		0.82	0.54	0.96	0.5	0.72	0.69	0.73	0.57	0.77	0.7	0.57	0.78	-0.3	0.93	0.7
Other Assets	0.45	0.08	0.51	0.48	0.7	0.08	0.39	0.83	0.57	0.64	0.82		0.53	0.74	0.11	0.58	0.44	0.42	0.57	0.46	0.52	0.11	0.49	-0.48	0.78	0.47
Long Term Debt	0.7	0.19	0.96	0.81	0.78	0.38	0.82	0.54	0.64	0.37	0.54	0.53		0.61	-0.1	0.87	0.69	0.59	0.98	0.61	0.55	0.12	0.64	-0.57	0.34	0.7
Inventory	0.73	0.52	0.62	0.54	0.75	0.41	0.56	0.93	0.72	0.82	0.96	0.74	0.61		0.42	0.74	0.71	0.74	0.63	0.77	0.65	0.51	0.78	-0.18	0.89	0.71
Other Current Assets	0.53	0.82	-0.13	0.19	0.23	0.24	0.29	0.47	0.51	0.72	0.5	0.11	-0.1	0.42		0.31	0.5	0.62	-0.06	0.61	0.54	0.82	0.58	0.13	0.48	0.5
Total Liab	0.95	0.59	0.86	0.84	0.78	0.55	0.88	0.74	0.93	0.67	0.72	0.58	0.87	0.74	0.31		0.93	0.89	0.88	0.91	0.88	0.5	0.93	-0.44	0.57	0.93
Common Stock	0.96	0.76	0.69	0.67	0.63	0.71	0.79	0.74	0.94	0.74	0.69	0.44	0.69	0.71	0.5	0.93		0.96	0.67	0.94	0.94	0.61	0.95	-0.19	0.61	1.0
Property Plant Equipment	0.97	0.85	0.61	0.61	0.58	0.66	0.72	0.74	0.96	0.78	0.73	0.42	0.59	0.74	0.62	0.89	0.96		0.6	0.98	0.94	0.75	0.99	-0.12	0.68	0.96
Short Long Term Debt Total	0.73	0.22	0.95	0.87	0.82	0.28	0.84	0.56	0.67	0.41	0.57	0.57	0.98	0.63	-0.06	0.88	0.67	0.6		0.64	0.58	0.2	0.67	-0.65	0.36	0.69
Property Plant And Equipment Net	0.98	0.86	0.61	0.69	0.67	0.58	0.77	0.77	0.96	0.81	0.77	0.46	0.61	0.77	0.61	0.91	0.94	0.98	0.64		0.94	0.8	1.0	-0.21	0.69	0.95
Current Deferred Revenue	0.94	0.78	0.55	0.65	0.6	0.62	0.73	0.75	0.98	0.77	0.7	0.52	0.55	0.65	0.54	0.88	0.94	0.94	0.58	0.94		0.67	0.94	-0.24	0.66	0.94
Retained Earnings	0.72	0.94	0.09	0.46	0.43	0.27	0.51	0.48	0.65	0.7	0.57	0.11	0.12	0.51	0.82	0.5	0.61	0.75	0.2	0.8	0.67		0.76	-0.04	0.49	0.62
Non Current Assets Total	0.99	0.83	0.65	0.7	0.67	0.59	0.77	0.79	0.97	0.8	0.78	0.49	0.64	0.78	0.58	0.93	0.95	0.99	0.67	1.0	0.94	0.76		-0.23	0.7	0.96
Non Currrent Assets Other	-0.29	0.08	-0.44	-0.75	-0.71	0.37	-0.6	-0.23	-0.27	-0.18	-0.3	-0.48	-0.57	-0.18	0.13	-0.44	-0.19	-0.12	-0.65	-0.21	-0.24	-0.04	-0.23		-0.01	-0.25
Net Receivables	0.61	0.51	0.39	0.28	0.54	0.38	0.29	0.93	0.69	0.84	0.93	0.78	0.34	0.89	0.48	0.57	0.61	0.68	0.36	0.69	0.66	0.49	0.7	-0.01		0.62
Common Stock Total Equity	0.96	0.75	0.69	0.69	0.66	0.66	0.8	0.75	0.95	0.75	0.7	0.47	0.7	0.71	0.5	0.93	1.0	0.96	0.69	0.95	0.94	0.62	0.96	-0.25	0.62

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JetBlue Airways Account Relationship Matchups

JetBlue Airways fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.9B	13.4B	13.6B	13.0B	13.9B	7.7B
Total Stockholder Equity	4.8B	3.9B	3.8B	3.6B	3.3B	2.4B
Net Debt	2.2B	3.8B	2.8B	3.3B	4.2B	2.2B
Cash	929M	1.9B	2.0B	1.0B	1.2B	596.1M
Cash And Short Term Investments	929M	1.9B	2.0B	1.0B	1.6B	1.6B
Common Stock Shares Outstanding	298.4M	277.5M	318M	323.6M	332.9M	275.4M
Liabilities And Stockholders Equity	11.9B	13.4B	13.6B	13.0B	13.9B	7.7B
Total Current Assets	1.8B	3.3B	3.2B	1.9B	2.2B	1.4B
Other Current Liab	671M	624M	839M	984M	1.1B	1.2B
Total Current Liabilities	2.7B	2.7B	3.4B	3.7B	3.6B	1.8B
Other Liab	1.8B	1.6B	2.0B	2.0B	2.3B	2.4B
Accounts Payable	401M	365M	499M	532M	641M	673.1M
Other Assets	896M	(53M)	13.6B	13.0B	15.0B	15.8B
Long Term Debt	2.0B	4.4B	3.7B	3.1B	4.4B	2.3B
Inventory	81M	71M	74M	87M	109M	114.5M
Other Current Assets	146M	123M	124M	120M	148M	104.7M
Total Liab	7.1B	9.4B	9.8B	9.5B	10.5B	5.5B
Property Plant Equipment	8.6B	8.4B	8.8B	9.4B	10.8B	5.6B
Short Long Term Debt Total	3.2B	5.7B	4.8B	4.4B	5.4B	3.1B
Property Plant And Equipment Net	9.5B	9.2B	9.5B	9.8B	10.3B	6.5B
Current Deferred Revenue	1.1B	1.1B	1.6B	1.6B	1.5B	807.5M
Retained Earnings	4.3B	3.0B	2.8B	2.4B	2.1B	1.5B
Non Current Assets Total	10.1B	10.1B	10.4B	11.1B	11.7B	7.1B
Non Currrent Assets Other	603M	(327M)	(314M)	82M	170M	265.1M
Net Receivables	231M	98M	207M	317M	336M	352.8M
Short Term Investments	369M	1.1B	824M	350M	401M	474.6M
Non Current Liabilities Total	4.5B	6.8B	6.4B	5.7B	6.9B	4.0B
Other Stockholder Equity	471M	970M	1.1B	1.1B	1.2B	1.2B
Property Plant And Equipment Gross	9.5B	9.2B	13.4B	14.1B	15.1B	15.8B
Short Term Debt	472M	563M	461M	651M	424M	355.0M
Intangible Assets	241M	261M	299M	298M	349M	366.5M
Treasury Stock	(1.3B)	(1.8B)	(2.0B)	(2.0B)	(1.8B)	(1.7B)
Net Tangible Assets	5.5B	5.3B	3.7B	3.3B	3.8B	3.9B
Good Will	(1.1B)	(1.2B)	(1.5B)	(15M)	(13.5M)	(14.2M)
Retained Earnings Total Equity	3.7B	4.3B	3.0B	2.8B	3.2B	2.2B
Long Term Debt Total	1.4B	2.0B	4.4B	3.7B	4.2B	2.5B

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