statement analysis 1 - By the end of December 2009 JetBlue...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
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).
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 3

statement analysis 1 - By the end of December 2009 JetBlue...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online