Willis Lease Finance Balance Sheet Health
Financial Health criteria checks 0/6
Willis Lease Finance has a total shareholder equity of $580.8M and total debt of $2.0B, which brings its debt-to-equity ratio to 343.2%. Its total assets and total liabilities are $3.0B and $2.5B respectively. Willis Lease Finance's EBIT is $225.0M making its interest coverage ratio 2.6. It has cash and short-term investments of $14.3M.
Key information
343.2%
Debt to equity ratio
US$1.99b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$14.29m |
| Equity | US$580.81m |
| Total liabilities | US$2.46b |
| Total assets | US$3.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WIJ's short term assets ($427.6M) do not cover its short term liabilities ($627.3M).
Long Term Liabilities: WIJ's short term assets ($427.6M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: WIJ's net debt to equity ratio (340.7%) is considered high.
Reducing Debt: WIJ's debt to equity ratio has increased from 318.6% to 343.2% over the past 5 years.
Debt Coverage: WIJ's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: WIJ's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 09:08 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Willis Lease Finance Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Hecht | JMP Securities |
| Tristan Thomas-Martin | Sidoti & Company, LLC |