Jet.AI Balance Sheet Health
Financial Health criteria checks 3/6
Jet.AI has a total shareholder equity of $-3.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.4M and $7.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$311.88k |
| Equity | -US$3.88m |
| Total liabilities | US$7.24m |
| Total assets | US$3.36m |
Recent financial health updates
Recent updates
Jet.AI Inc. (NASDAQ:JTAI) Just Reported Earnings, And Analysts Cut Their Target Price
Nov 17
Jet.AI Inc.'s (NASDAQ:JTAI) 31% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Oct 28Jet.AI Inc.'s (NASDAQ:JTAI) 44% Share Price Plunge Could Signal Some Risk
Sep 05Jet.AI Inc.'s (NASDAQ:JTAI) 44% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Sep 05Jet.AI Inc. (NASDAQ:JTAI) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Apr 26Jet.AI Inc.'s (NASDAQ:JTAI) Shares Climb 39% But Its Business Is Yet to Catch Up
Feb 28Why Investors Shouldn't Be Surprised By Jet.AI Inc.'s (NASDAQ:JTAI) 101% Share Price Surge
Dec 19Jet.AI Inc. (NASDAQ:JTAI) May Have Run Too Fast Too Soon With Recent 54% Price Plummet
Aug 15Financial Position Analysis
Short Term Liabilities: JTAI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: JTAI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: JTAI is debt free.
Reducing Debt: JTAI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JTAI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: JTAI is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.