Willis Lease Finance Balance Sheet Health
Financial Health criteria checks 1/6
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
Willis Lease Finance's Liquidation Value Is >$200
Oct 15Is Willis Lease Finance Underperforming?
Jul 24Willis Lease Finance: Upside Remains On Book Value
Mar 26Willis Finance Lease: Significant Upside Potential From Rate Hikes And Aviation Market Recovery
Jul 31Willis Lease Finance reports Q1 results
May 04Willis Lease to raise $336.7M in fixed rate notes offering
Apr 30Willis Lease Finance reports Q3 results
Nov 02Financial Position Analysis
Short Term Liabilities: WLFC's short term assets ($427.6M) exceed its short term liabilities ($242.0M).
Long Term Liabilities: WLFC's short term assets ($427.6M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: WLFC's net debt to equity ratio (340.7%) is considered high.
Reducing Debt: WLFC's debt to equity ratio has increased from 318.6% to 343.2% over the past 5 years.
Debt Coverage: WLFC's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: WLFC's interest payments on its debt are not well covered by EBIT (2.6x coverage).