JETMF
Price:
$0.6251
Market Cap:
$40.51M
Global Crossing Airlines Group Inc. operates in the airline business. The company operates a US Part 121 flag and charter airline using the Airbus A320 family of aircraft that provides passenger and cargo air transportation services. It also rents office spaces. It focuses to fly as an aircraft, crew, maintenance, and insurance and wet lease charter airline serving the United States, the Caribbean, and Latin American markets. The company is based in Miami, Florida.
Industry
Airlines, Airports & Air Services
IPO Date
2021-01-08
Stock Exchange
OTC
Ticker
JETMF
According to Global Crossing Airlines Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.35. This represents a change of 4.89% compared to the average of 0.33 of the last 4 quarters.
The mean historical Current Ratio of Global Crossing Airlines Group Inc. over the last ten years is 1.52. The current 0.35 Current Ratio has changed 2.18% with respect to the historical average. Over the past ten years (40 quarters), JETMF's Current Ratio was at its highest in in the March 2018 quarter at 12.77. The Current Ratio was at its lowest in in the March 2020 quarter at 0.21.
Average
1.52
Median
0.52
Minimum
0.16
Maximum
6.41
Discovering the peaks and valleys of Global Crossing Airlines Group Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 3.84%
Maximum Annual Current Ratio = 6.41
Minimum Annual Increase = -95.96%
Minimum Annual Current Ratio = 0.16
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.35 | -38.56% |
| 2023 | 0.58 | 37.12% |
| 2022 | 0.42 | -35.49% |
| 2021 | 0.65 | 43.57% |
| 2020 | 0.45 | 54.37% |
| 2019 | 0.29 | -84.43% |
| 2018 | 1.89 | -70.51% |
| 2017 | 6.41 | 3.84% |
| 2016 | 0.16 | -95.96% |
| 2016 | 4.03 | -48.23% |
The current Current Ratio of Global Crossing Airlines Group Inc. (JETMF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.45
5-year avg
0.49
10-year avg
1.52
Global Crossing Airlines Group Inc.’s Current Ratio is less than dynaCERT Inc. (0.51), less than Cebu Air, Inc. (0.60), less than Vow ASA (0.68), less than Harbor Diversified, Inc. (3.53), greater than Nok Airlines Public Company Limited (0.12), less than Titanium Transportation Group Inc. (0.86), less than Flughafen Wien AG (1.39), less than Golden Energy Offshore Services AS (0.36), less than Lead Innovation Corporation (1.06), less than Cirmaker Technology Corporation (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.51 | $35.58M | |
| 0.60 | $54.57M | |
| 0.68 | $54.31M | |
| 3.53 | $49.67M | |
| 0.12 | $22.38M | |
| 0.86 | $43.76M | |
| 1.39 | $142.48M | |
| 0.36 | $33.99M | |
| 1.06 | $17.58M | |
| 0 | $42.11M |
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