By the end of December 2009 JetBlue Airways had a number of assets that included, $896,000 in cash
and equivalents, $240,000 in marketable securities, $40,000 in inventories and $203,000 in other current
assets leaving a total of $1.54 million in current assets for the company.
The company’s gross fixed
assets, which included the value of their property, plants and equipment, totaled $5,373,000. After taking
out accumulated depreciation and depletion costs and including other non-current assets owned by the
company, JetBlue ended the year with a total asset value of $6,554,000.
The company also has a number of liabilities both current and non-current which they have to take into
account. Adding up the company’s accounts payable, short-term debt and other current liabilities left
JetBlue with an overall current liability amount of $1,169,000. Long-term debt valuing $2,920,000,
deferred income taxes $259,000 and other non-current liabilities $667,000 totaled to $3,846,000, leaving
JetBlue with a total overall liability amount of $5,015,000.
JetBlue Airways assets minus their liabilities left the company with a total equity value of $1,539,000,
and a total liability and stock equity value equivalent to the company’s total assets of $6,554,000.
The total Net Cash from Operating Activities were $486,000. This comprised of JetBlue’s total net
income for 2009 of 58,000, its depreciation value of $234,000, deferred income taxes $40,000, decrease
in receivables $3000, increase in inventories -$43,000, increase in payables -$66,000, decrease in other
liabilities $10,000 and
other non cash items $250,000 leaving an overall cash flow amount for its
operating activities of $486,000.
The total Net Cash for Investing Activities were -$457,000. JetBlue received 58,000 for the sale of
property, plant and equipment, $661,000 for the sale of some of their short term investments, spent
$32,000 on purchasing property, plant and equipment, spent $636,000 on short term investments and
spent $508,000 on other net investing changes. The company ended up spending in excess of ($457,000).