Is it safe?
Can JBLU take a bad year?
JetBlue Airways Corporation carries $6.27B of net debt at 22.3× EBITDA: a heavy load to carry through a bad year.
$6.27B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 22.3×
Net debt / EBITDA · 9.47× a year ago · the load is going up
- Altman Z-score
- 0.54
Altman Z-score · distress zone, below 1.8
- Cash runway
- 1.9 years
Cash runway · burning $279M a quarter at the current rate
Details›
- Total debtQ1 2026
- $8.44B
- Cash and short-term investments
- $2.17B
- Net debt
- $6.27B
- EBITDA, trailing twelve months
- $281M
- Operating profit, trailing twelve months
- −$418M
- Debt / equity
- 4.66×
- Total debt / EBITDA
- 30.0×
- Annualised volatilitytwo years of daily moves
- 70%
- Worst drawdown on file
- −86%
- Below its 52-week high
- −23%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.