Air Lease Balance Sheet Health
Financial Health criteria checks 0/6
Air Lease has a total shareholder equity of $7.2B and total debt of $19.2B, which brings its debt-to-equity ratio to 267.9%. Its total assets and total liabilities are $30.5B and $23.3B respectively. Air Lease's EBIT is $1.4B making its interest coverage ratio 2. It has cash and short-term investments of $460.9M.
Key information
267.9%
Debt to equity ratio
US$19.18b
Debt
Interest coverage ratio | 2x |
Cash | US$460.87m |
Equity | US$7.16b |
Total liabilities | US$23.29b |
Total assets | US$30.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVLA's short term assets ($1.4B) do not cover its short term liabilities ($4.4B).
Long Term Liabilities: AVLA's short term assets ($1.4B) do not cover its long term liabilities ($18.9B).
Debt to Equity History and Analysis
Debt Level: AVLA's net debt to equity ratio (261.5%) is considered high.
Reducing Debt: AVLA's debt to equity ratio has increased from 240% to 267.9% over the past 5 years.
Debt Coverage: AVLA's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: AVLA's interest payments on its debt are not well covered by EBIT (2x coverage).