Air Lease Balance Sheet Health
Financial Health criteria checks 1/6
Air Lease has a total shareholder equity of $7.7B and total debt of $20.2B, which brings its debt-to-equity ratio to 262.7%. Its total assets and total liabilities are $32.2B and $24.5B respectively. Air Lease's EBIT is $1.4B making its interest coverage ratio 1.7. It has cash and short-term investments of $460.8M.
Key information
262.7%
Debt to equity ratio
US$20.16b
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$460.79m |
| Equity | US$7.68b |
| Total liabilities | US$24.48b |
| Total assets | US$32.15b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Air Lease (NYSE:AL) Have Hit The Brakes
Nov 07
Air Lease Corporation (NYSE:AL) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 23Do Air Lease's (NYSE:AL) Earnings Warrant Your Attention?
Oct 08Air Lease (NYSE:AL) Will Pay A Dividend Of $0.21
Aug 22When Should You Buy Air Lease Corporation (NYSE:AL)?
Aug 20Air Lease (NYSE:AL) Has Announced A Dividend Of $0.21
Aug 05Air Lease Stock Crashes On Recession Fears, But Remains A Buy
Aug 04Air Lease (NYSE:AL) Hasn't Managed To Accelerate Its Returns
Aug 01Little Excitement Around Air Lease Corporation's (NYSE:AL) Earnings
Jun 23Is Now The Time To Put Air Lease (NYSE:AL) On Your Watchlist?
Jun 07Air Lease Corporation's (NYSE:AL) CEO Compensation Is Looking A Bit Stretched At The Moment
Apr 27Air Lease (NYSE:AL) Hasn't Managed To Accelerate Its Returns
Apr 23Should You Think About Buying Air Lease Corporation (NYSE:AL) Now?
Apr 01Air Lease: Tremendous Value Hiding In "Plane" Sight
Mar 08Air Lease: Nice Growth And Solid Margins At Cheap Valuation
Feb 01Air Lease Corporation (NYSE:AL) Not Lagging Industry On Growth Or Pricing
Jan 29Here's What To Make Of Air Lease's (NYSE:AL) Decelerating Rates Of Return
Jan 08At US$40.10, Is It Time To Put Air Lease Corporation (NYSE:AL) On Your Watch List?
Dec 14Air Lease Corporation: Underappreciation For Airplane Assets Drives Significant Upside
Nov 06Air Lease (NYSE:AL) Has Some Way To Go To Become A Multi-Bagger
Oct 05Air Lease Corporation: I Still Prefer The Preferreds
Oct 04Is It Too Late To Consider Buying Air Lease Corporation (NYSE:AL)?
Sep 11Air Lease: Shares Underperforming Lately, Earnings Growth Questionable, Macro Risks
Aug 08Air Lease (NYSE:AL) Will Want To Turn Around Its Return Trends
Jun 28Should You Think About Buying Air Lease Corporation (NYSE:AL) Now?
May 31There Are Reasons To Feel Uneasy About Air Lease's (NYSE:AL) Returns On Capital
Mar 30Air Lease: Still A Mixed Outlook, Maintain Hold
Feb 21Air Lease Corporation: Shares Near Fair Value After A Strong Q4
Jan 25Air Lease puts Airbus aircrafts on long-term contracts with Croatia Airlines
Jan 16Air Lease prices $700M senior unsecured medium-term notes
Jan 10Returns On Capital At Air Lease (NYSE:AL) Paint A Concerning Picture
Dec 14Air Lease closes $400M term loan facility
Dec 09Air Lease Corporation: Should Continue To Trade Choppy And In A Tight Range
Nov 07Air Lease (NYSE:AL) Is Paying Out A Larger Dividend Than Last Year
Nov 07Air Lease signs aircraft lease deal with Aeroitalia
Nov 01Air Lease, LATAM Airlines sign lease deal for five Airbus A321-200 XLR jets
Oct 13Air Lease announces lease placement of Boeing 737-8 aircraft with Polish airline
Oct 05Air Lease enters long-term lease deal with Air Transat
Sep 08Air Lease signs long-term lease deal with Condor
Aug 16Air Lease Q2 Non-GAAP EPS, revenue up Y/Y
Aug 04Air Lease delivers 21 aircraft, buys one Airbus A321neo in Q2
Jul 12Investors Could Be Concerned With Air Lease's (NYSE:AL) Returns On Capital
Jun 10Air Lease Corporation: Still A Buy After Loss
May 31Air Lease Corporation: The $800 Million Mistake In Russia
Apr 26Behind The Bullish Boeing 737 MAX Buy From Air Lease Corporation
Apr 07Financial Position Analysis
Short Term Liabilities: AL's short term assets ($1.6B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: AL's short term assets ($1.6B) do not cover its long term liabilities ($23.0B).
Debt to Equity History and Analysis
Debt Level: AL's net debt to equity ratio (256.7%) is considered high.
Reducing Debt: AL's debt to equity ratio has increased from 251.8% to 262.7% over the past 5 years.
Debt Coverage: AL's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: AL's interest payments on its debt are not well covered by EBIT (1.7x coverage).