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Canada Jetlines Operations Ltd
NEO:CJET

Watchlist Manager
Canada Jetlines Operations Ltd
NEO:CJET
Watchlist
Price: 0.02 CAD Market Closed
Market Cap: 3.2m CAD

ROE
Return on Equity

298.6%
Current
65%
Average
1.8%
Industry

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
298.6%
=
Net Income
-14.2m
/
Equity
-4.5m

ROE Across Competitors

Canada Jetlines Operations Ltd
Glance View

Market Cap
3.2m CAD
Industry
N/A

Canada Jetlines Operations Ltd. is a Canada-based leisure-focused air carrier. The Company's principal business activity is the start-up of a Canadian carrier airline. It is a tour operator with flights into sun destinations in the United States, Mexico and the Caribbean. It operates through the development of a Canadian low-cost carrier airline segment. It provides vacation packages to Canadian destinations and beyond through partnerships with airports, CVBs, tourism entities, hotels, hospitality brands, and attractions. It provides Canadians with value vacation choices and travel options. The Company focuses on offering the operating economy, customer comfort and fly-by-wire technology, providing a guest centric experience. Canada Jetlines Vacations Ltd. (Jetlines Vacations) is its wholly owned subsidiary.

CJET Intrinsic Value
Not Available
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What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
298.6%
=
Net Income
-14.2m
/
Equity
-4.5m
What is the ROE of Canada Jetlines Operations Ltd?

Based on Canada Jetlines Operations Ltd's most recent financial statements, the company has ROE of 298.6%.

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