JETBLUE AIRWAYS (JAW.SG)
JETBLUE AIRWAYS (JAW.SG) operates in Diversified Metals & Mining.
JETBLUE AIRWAYS (JAW.SG) (JAW) - Net Assets
Latest net assets as of September 2024: €2.64 Billion EUR
Based on the latest financial reports, JETBLUE AIRWAYS (JAW.SG) (JAW) has net assets worth €2.64 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€16.63 Billion) and total liabilities (€13.98 Billion). 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 | €2.64 Billion |
| % of Total Assets | 15.9% |
| Annual Growth Rate | -2.6% |
| 5-Year Change | -30.46% |
| 10-Year Change | N/A |
| Growth Volatility | 10.97 |
JETBLUE AIRWAYS (JAW.SG) - Net Assets Trend (2016–2023)
This chart illustrates how JETBLUE AIRWAYS (JAW.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for JETBLUE AIRWAYS (JAW.SG) (2016–2023)
The table below shows the annual net assets of JETBLUE AIRWAYS (JAW.SG) from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €3.34 Billion | -6.34% |
| 2022-12-31 | €3.56 Billion | -7.43% |
| 2021-12-31 | €3.85 Billion | -2.58% |
| 2020-12-31 | €3.95 Billion | -17.67% |
| 2019-12-31 | €4.80 Billion | +4.08% |
| 2018-12-31 | €4.61 Billion | -4.61% |
| 2017-12-31 | €4.83 Billion | +20.46% |
| 2016-12-31 | €4.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to JETBLUE AIRWAYS (JAW.SG)'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 13.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.11 Billion | 63.35% |
| Other Components | €1.22 Billion | 36.65% |
| Total Equity | €3.34 Billion | 100.00% |
JETBLUE AIRWAYS (JAW.SG) Competitors by Market Cap
The table below lists competitors of JETBLUE AIRWAYS (JAW.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duearity AB
ST:DEAR
|
$34.43K |
|
BlackRock TCP Capital Corp
NASDAQ:TCPC
|
$34.44K |
|
Vopia Inc
PINK:DRNG
|
$34.46K |
|
Bradespar SA
STU:FXM
|
$34.49K |
|
H&T Group plc
LSE:HAT
|
$34.39K |
|
TRACSIS
BE:4T2
|
$34.38K |
|
BONTERRA ENERGY (QNC1.SG)
STU:QNC1
|
$34.36K |
|
RED ROBIN GRMT BURG
BE:RRN
|
$34.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JETBLUE AIRWAYS (JAW.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,563,000,000 to 3,337,000,000, a change of -226,000,000 (-6.3%).
- Net loss of 310,000,000 reduced equity.
- Share repurchases of 4,000,000 reduced equity.
- New share issuances of 53,000,000 increased equity.
- Other factors increased equity by 35,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-310.00 Million | -9.29% |
| Share Repurchases | €4.00 Million | -0.12% |
| Share Issuances | €53.00 Million | +1.59% |
| Other Changes | €35.00 Million | +1.05% |
| Total Change | €- | -6.34% |
Book Value vs Market Value Analysis
This analysis compares JETBLUE AIRWAYS (JAW.SG)'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: 0.37x
- 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.
- The price-to-book ratio has increased from 0.24x to 0.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €15.06 | €3.60 | x |
| 2018-12-31 | €15.07 | €3.60 | x |
| 2019-12-31 | €17.02 | €3.60 | x |
| 2020-12-31 | €12.50 | €3.60 | x |
| 2021-12-31 | €12.03 | €3.60 | x |
| 2022-12-31 | €10.90 | €3.60 | x |
| 2023-12-31 | €9.84 | €3.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JETBLUE AIRWAYS (JAW.SG) 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): -9.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.22%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 4.15x
- Recent ROE (-9.29%) is below the historical average (0.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 18.91% | 11.44% | 0.70x | 2.36x | €357.70 Million |
| 2017 | 23.73% | 16.35% | 0.72x | 2.02x | €663.60 Million |
| 2018 | 4.08% | 2.45% | 0.73x | 2.26x | €-273.10 Million |
| 2019 | 11.86% | 7.03% | 0.68x | 2.48x | €89.10 Million |
| 2020 | -34.27% | -45.79% | 0.22x | 3.39x | €-1.75 Billion |
| 2021 | -4.73% | -3.01% | 0.44x | 3.54x | €-566.90 Million |
| 2022 | -10.16% | -3.95% | 0.70x | 3.66x | €-718.30 Million |
| 2023 | -9.29% | -3.22% | 0.69x | 4.15x | €-643.70 Million |
Industry Comparison
This section compares JETBLUE AIRWAYS (JAW.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JETBLUE AIRWAYS (JAW.SG) (JAW) | €2.64 Billion | 18.91% | 5.29x | $34.41K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |