Jet.AI Inc.
Jet.AI Inc. engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Reroute AI software that recycles aircraft waiting to return to base into prospective new charter bookings to destinat… Read more
Jet.AI Inc. (JTAI) - Net Assets
Latest net assets as of September 2025: $9.23 Million USD
Based on the latest financial reports, Jet.AI Inc. (JTAI) has net assets worth $9.23 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.89 Million) and total liabilities ($3.66 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.23 Million |
| % of Total Assets | 71.59% |
| Annual Growth Rate | 23.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 274.9 |
Jet.AI Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Jet.AI Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jet.AI Inc. (2020–2024)
The table below shows the annual net assets of Jet.AI Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.51 Million | +265.46% |
| 2023-12-31 | $-3.94 Million | -623.52% |
| 2022-12-31 | $751.84K | -16.23% |
| 2021-12-31 | $897.47K | -67.97% |
| 2020-12-31 | $2.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jet.AI Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4939355000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $162.00 | 0.00% |
| Other Comprehensive Income | $-1.70 Million | -26.13% |
| Other Components | $60.76 Million | 932.99% |
| Total Equity | $6.51 Million | 100.00% |
Jet.AI Inc. Competitors by Market Cap
The table below lists competitors of Jet.AI Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DBS GROUP HLDGS
MU:DEVL
|
$372.24K |
|
Frugl Group Ltd
AU:FGL
|
$372.39K |
|
Value Exchange International Inc
OTCQB:VEII
|
$372.53K |
|
New Destiny Mining Corp
PINK:NDMCF
|
$372.99K |
|
BORGWARNER
BE:BGW
|
$371.87K |
|
KOMATSU (KOM1.SG)
STU:KOM1
|
$371.82K |
|
ABL Diagnostics Société anonyme
F:9BK0
|
$371.65K |
|
ROCKWOOL INT. -B- - Dusseldorf Stock Exchang
DU:R90
|
$371.52K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jet.AI Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,936,039 to 6,512,460, a change of 10,448,499.
- Net loss of 12,733,435 reduced equity.
- Share repurchases of 1,151,000 reduced equity.
- New share issuances of 13,350,031 increased equity.
- Other comprehensive income decreased equity by 1,702,000.
- Other factors increased equity by 12,684,903.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.73 Million | -195.52% |
| Share Repurchases | $1.15 Million | -17.67% |
| Share Issuances | $13.35 Million | +204.99% |
| Other Comprehensive Income | $-1.70 Million | -26.13% |
| Other Changes | $12.68 Million | +194.78% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Jet.AI Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $6.62 | $0.11 | x |
| 2021-12-31 | $0.10 | $0.11 | x |
| 2022-12-31 | $0.09 | $0.11 | x |
| 2023-12-31 | $-0.62 | $0.11 | x |
| 2024-12-31 | $23.33 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jet.AI Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -195.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -90.81%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.66x
- Recent ROE (-195.52%) is above the historical average (-614.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -91.47% | -53588.54% | 0.00x | 1.14x | $-2.84 Million |
| 2021 | -1756.61% | -1417.72% | 0.52x | 2.39x | $-15.85 Million |
| 2022 | -1029.24% | -35.39% | 4.46x | 6.53x | $-7.81 Million |
| 2023 | 0.00% | -103.29% | 2.13x | 0.00x | $-12.22 Million |
| 2024 | -195.52% | -90.81% | 1.30x | 1.66x | $-13.38 Million |
Industry Comparison
This section compares Jet.AI Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jet.AI Inc. (JTAI) | $9.23 Million | -91.47% | 0.40x | $371.88K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |