JETBF
Global Crossing Airlines Group Inc. operates in the airline business 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, as well as the Airbus A321 freighter. The company offers aircraft, crew, and maintenance and insurance using wet lease contracts to airlines and non-airlines; and … Read more
JETBF (JETBF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.034x
Based on the latest financial reports, JETBF (JETBF) has a cash flow conversion efficiency ratio of 0.034x as of September 2024.
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 ($-1.02 Million) by net assets ($-29.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
JETBF - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how JETBF's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
JETBF Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of JETBF ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SYNE3F
SA:SYNE3F
|
N/A |
|
MWALIMU COMMERCIAL BANK PLC
DSE:MCB
|
N/A |
|
MONUMENT MINING - Dusseldorf Stock Exchang
DU:D7Q1
|
0.047x |
|
ATOM3F
SA:ATOM3F
|
N/A |
|
Selina Hospitality PLC
NASDAQ:SLNAF
|
-0.016x |
|
STARHUB
BE:RYTB
|
0.166x |
|
SUNEVISION HLDGS
MU:VI6
|
N/A |
|
GOLD RESOURCE
BE:GIH
|
-0.059x |
Annual Cash Flow Conversion Efficiency for JETBF (2019–2023)
The table below shows the annual cash flow conversion efficiency of JETBF from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-19.87 Million | $-1.38 Million | 0.069x | -92.64% |
| 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 | -2440.82% |
| 2019-12-31 | $-824.04K | $-161.68K | 0.196x | -- |