A Spotlight On Jet Freight Logistics Limited's (NSE:JETFREIGHT) Fundamentals

Jet Freight Logistics Limited (NSE:JETFREIGHT) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of JETFREIGHT, it is a company with great financial health as well as a a great history of performance. In the following section, I expand a bit more on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Jet Freight Logistics here.

Solid track record with adequate balance sheet

Over the past year, JETFREIGHT has grown its earnings by 54%, with its most recent figure exceeding its annual average over the past five years. In addition to beating its historical values, JETFREIGHT also outperformed its industry, which delivered a growth of 16%. This is an notable feat for the company. JETFREIGHT is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that JETFREIGHT has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. JETFREIGHT’s earnings amply cover its interest expense. Paying interest on time and in full can help the company get favourable debt terms in the future, leading to lower cost of debt and helps JETFREIGHT expand.

NSEI:JETFREIGHT Income Statement, September 1st 2019
NSEI:JETFREIGHT Income Statement, September 1st 2019

Next Steps:

For Jet Freight Logistics, I've put together three key aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for JETFREIGHT’s future growth? Take a look at our free research report of analyst consensus for JETFREIGHT’s outlook.

  2. Valuation: What is JETFREIGHT worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether JETFREIGHT is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of JETFREIGHT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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