JBLU Stock | | | USD 7.44 0.15 2.06% |
JetBlue Airways financial indicator trend analysis is infinitely more than just investigating JetBlue Airways Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JetBlue Airways Corp is a good investment. Please check the relationship between JetBlue Airways Common Stock Total Equity and its Retained Earnings accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Common Stock Total Equity vs Retained Earnings
Common Stock Total Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JetBlue Airways Corp Common Stock Total Equity account and
Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between JetBlue Airways' Common Stock Total Equity and Retained Earnings is 0.62. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of JetBlue Airways Corp, assuming nothing else is changed. The correlation between historical values of JetBlue Airways' Common Stock Total Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of JetBlue Airways Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Total Equity i.e., JetBlue Airways' Common Stock Total Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from JetBlue Airways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JetBlue Airways Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Enterprise Value is likely to gain to about 7.8
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 300.2
M in 2024.
JetBlue Airways fundamental ratios Correlations
Click cells to compare fundamentals
JetBlue Airways Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JetBlue Airways fundamental ratios Accounts
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