Global Crossing Airlines Inc
Global Crossing Airlines Group Inc. provides air transport services in the United States, Europe, Canada, and Central and South America. It operates a US Part 121 flag and supplemental airline using the Airbus A320 family of aircraft and the Airbus A321 freighter. The company is involved in the provision of an aircraft, crew, maintenance, and insurance services using wet lease contracts to airlin… Read more
Global Crossing Airlines Inc (JETMF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.021x
Based on the latest financial reports, Global Crossing Airlines Inc (JETMF) has a cash flow conversion efficiency ratio of -0.021x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($597.00K) by net assets ($-28.24 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Global Crossing Airlines Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Global Crossing Airlines Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Global Crossing Airlines Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Global Crossing Airlines Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MRM SA INH. EO 20
F:8VV0
|
N/A |
|
Burgenland Holding Aktiengesellschaft
VI:BHD
|
N/A |
|
UIL Co. Ltd
KQ:049520
|
0.097x |
|
Evaxion Biotech AS
NASDAQ:EVAX
|
-0.121x |
|
Luminescence Technology Corp.
TWO:6729
|
0.008x |
|
PT Murni Sadar Tbk
JK:MTMH
|
0.035x |
|
Assems Inc.
KQ:136410
|
0.009x |
|
Mirae Corporation
KO:025560
|
0.042x |
Annual Cash Flow Conversion Efficiency for Global Crossing Airlines Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Global Crossing Airlines Inc from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-29.47 Million | $8.07 Million | -0.274x | -494.59% |
| 2023-12-31 | $-19.87 Million | $-1.38 Million | 0.069x | -92.65% |
| 2022-12-31 | $-7.26 Million | $-6.85 Million | 0.944x | +137.11% |
| 2021-12-31 | $4.25 Million | $-10.80 Million | -2.543x | +44.63% |
| 2020-12-31 | $302.38K | $-1.39 Million | -4.593x | -3157.74% |
| 2019-12-31 | $-1.08 Million | $-161.68K | 0.150x | +484.68% |
| 2018-12-31 | $4.41 Million | $-172.11K | -0.039x | +96.95% |
| 2017-12-31 | $3.05 Million | $-3.89 Million | -1.278x | -240.87% |
| 2016-12-31 | $-606.19K | $-550.06K | 0.907x | +13931.38% |
| 2016-04-30 | $1.67 Million | $-10.95K | -0.007x | +90.43% |
| 2016-03-31 | $969.89K | $-66.52K | -0.069x | -100.06% |
| 2015-12-31 | $-9.00K | $-1.06 Million | 118.197x | +130732.43% |
| 2015-04-30 | $3.70 Million | $-334.61K | -0.090x | -100.32% |
| 2014-12-31 | $-24.45K | $-680.73K | 27.843x | +187.28% |
| 2013-12-31 | $14.84K | $-473.53K | -31.900x | -- |