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 ratio2x
CashUS$460.87m
EquityUS$7.16b
Total liabilitiesUS$23.29b
Total assetsUS$30.45b

Recent financial health updates

No updates

Recent updates

Air Lease: Tremendous Value Hiding In "Plane" Sight

Mar 08

Air Lease: Nice Growth And Solid Margins At Cheap Valuation

Feb 01

Air Lease Corporation (NYSE:AL) Not Lagging Industry On Growth Or Pricing

Jan 29
Air Lease Corporation (NYSE:AL) Not Lagging Industry On Growth Or Pricing

Here's What To Make Of Air Lease's (NYSE:AL) Decelerating Rates Of Return

Jan 08
Here's What To Make Of Air Lease's (NYSE:AL) Decelerating Rates Of Return

At US$40.10, Is It Time To Put Air Lease Corporation (NYSE:AL) On Your Watch List?

Dec 14
At US$40.10, Is It Time To Put Air Lease Corporation (NYSE:AL) On Your Watch List?

Air Lease Corporation: Underappreciation For Airplane Assets Drives Significant Upside

Nov 06

Air Lease (NYSE:AL) Has Some Way To Go To Become A Multi-Bagger

Oct 05
Air Lease (NYSE:AL) Has Some Way To Go To Become A Multi-Bagger

Air Lease Corporation: I Still Prefer The Preferreds

Oct 04

Is It Too Late To Consider Buying Air Lease Corporation (NYSE:AL)?

Sep 11
Is It Too Late To Consider Buying Air Lease Corporation (NYSE:AL)?

Air Lease: Shares Underperforming Lately, Earnings Growth Questionable, Macro Risks

Aug 08

Air Lease (NYSE:AL) Will Want To Turn Around Its Return Trends

Jun 28
Air Lease (NYSE:AL) Will Want To Turn Around Its Return Trends

Should You Think About Buying Air Lease Corporation (NYSE:AL) Now?

May 31
Should You Think About Buying Air Lease Corporation (NYSE:AL) Now?

There Are Reasons To Feel Uneasy About Air Lease's (NYSE:AL) Returns On Capital

Mar 30
There Are Reasons To Feel Uneasy About Air Lease's (NYSE:AL) Returns On Capital

Air Lease: Still A Mixed Outlook, Maintain Hold

Feb 21

Air Lease Corporation: Shares Near Fair Value After A Strong Q4

Jan 25

Air Lease puts Airbus aircrafts on long-term contracts with Croatia Airlines

Jan 16

Air Lease prices $700M senior unsecured medium-term notes

Jan 10

Returns On Capital At Air Lease (NYSE:AL) Paint A Concerning Picture

Dec 14
Returns On Capital At Air Lease (NYSE:AL) Paint A Concerning Picture

Air Lease closes $400M term loan facility

Dec 09

Air Lease Corporation: Should Continue To Trade Choppy And In A Tight Range

Nov 07

Air Lease (NYSE:AL) Is Paying Out A Larger Dividend Than Last Year

Nov 07
Air Lease (NYSE:AL) Is Paying Out A Larger Dividend Than Last Year

Air Lease signs aircraft lease deal with Aeroitalia

Nov 01

Air Lease, LATAM Airlines sign lease deal for five Airbus A321-200 XLR jets

Oct 13

Air Lease announces lease placement of Boeing 737-8 aircraft with Polish airline

Oct 05

Air Lease enters long-term lease deal with Air Transat

Sep 08

Air Lease signs long-term lease deal with Condor

Aug 16

Air Lease Q2 Non-GAAP EPS, revenue up Y/Y

Aug 04

Air Lease delivers 21 aircraft, buys one Airbus A321neo in Q2

Jul 12

Investors Could Be Concerned With Air Lease's (NYSE:AL) Returns On Capital

Jun 10
Investors Could Be Concerned With Air Lease's (NYSE:AL) Returns On Capital

Air Lease Corporation: Still A Buy After Loss

May 31

Air Lease Corporation: The $800 Million Mistake In Russia

Apr 26

Behind The Bullish Boeing 737 MAX Buy From Air Lease Corporation

Apr 07

Air Lease's (NYSE:AL) Returns On Capital Not Reflecting Well On The Business

Mar 03
Air Lease's (NYSE:AL) Returns On Capital Not Reflecting Well On The Business

Air Lease's (NYSE:AL) Returns On Capital Not Reflecting Well On The Business

Nov 19
Air Lease's (NYSE:AL) Returns On Capital Not Reflecting Well On The Business

Ciao, ITA! Air Lease Corporation Wins With New Airline

Oct 05

How To Deal With Air Lease

Aug 29

Air Lease (NYSE:AL) Is Reinvesting At Lower Rates Of Return

Aug 21
Air Lease (NYSE:AL) Is Reinvesting At Lower Rates Of Return

Air Lease delivers new Boeing 737-9 aircraft to Aeromexico

Jun 03

Air Lease's (NYSE:AL) Returns On Capital Not Reflecting Well On The Business

May 23
Air Lease's (NYSE:AL) Returns On Capital Not Reflecting Well On The Business

Air Lease EPS misses by $0.01, misses on revenue

May 06

Air Lease announces lease placement of four new Airbus A320neo with Volaris

Apr 26

Is Air Lease Corporation (NYSE:AL) The Right Choice For A Smart Dividend Investor?

Apr 17
Is Air Lease Corporation (NYSE:AL) The Right Choice For A Smart Dividend Investor?

Financial Position Analysis

Short Term Liabilities: AL's short term assets ($1.4B) do not cover its short term liabilities ($4.4B).

Long Term Liabilities: AL's short term assets ($1.4B) do not cover its long term liabilities ($18.9B).


Debt to Equity History and Analysis

Debt Level: AL's net debt to equity ratio (261.5%) is considered high.

Reducing Debt: AL's debt to equity ratio has increased from 240% to 267.9% over the past 5 years.

Debt Coverage: AL's debt is not well covered by operating cash flow (9.1%).

Interest Coverage: AL's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


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