Balance Sheet Dive: Jet.AI Inc (JTAI)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $0.30 in the prior trading day, Jet.AI Inc (NASDAQ: JTAI) closed at $0.30, down -0.47%. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 6.4 million shares were traded. JTAI stock price reached its highest trading level at $0.31 during the session, while it also had its lowest trading level at $0.285.

Ratios:

Our goal is to gain a better understanding of JTAI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.55.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JTAI now has a Market Capitalization of 3812499 and an Enterprise Value of 6314176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37. Its current Enterprise Value per Revenue stands at 0.445 whereas that against EBITDA is -0.488.

Stock Price History:

Over the past 52 weeks, JTAI has reached a high of $17.50, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -37.81%, while the 200-Day Moving Average is calculated to be -72.30%.

Shares Statistics:

The stock has traded on average 244.44K shares per day over the past 3-months and 1285100 shares per day over the last 10 days, according to various share statistics. A total of 9.75M shares are outstanding, with a floating share count of 8.04M. Insiders hold about 42.62% of the company’s shares, while institutions hold 5.60% stake in the company. Shares short for JTAI as of 1721001600 were 508554 with a Short Ratio of 2.08, compared to 1718323200 on 120599. Therefore, it implies a Short% of Shares Outstanding of 508554 and a Short% of Float of 10.69.

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