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
Air 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 07Air Lease's (NYSE:AL) Returns On Capital Not Reflecting Well On The Business
Mar 03Air Lease's (NYSE:AL) Returns On Capital Not Reflecting Well On The Business
Nov 19Ciao, ITA! Air Lease Corporation Wins With New Airline
Oct 05How To Deal With Air Lease
Aug 29Air Lease (NYSE:AL) Is Reinvesting At Lower Rates Of Return
Aug 21Air Lease delivers new Boeing 737-9 aircraft to Aeromexico
Jun 03Air Lease's (NYSE:AL) Returns On Capital Not Reflecting Well On The Business
May 23Air Lease EPS misses by $0.01, misses on revenue
May 06Air Lease announces lease placement of four new Airbus A320neo with Volaris
Apr 26Is Air Lease Corporation (NYSE:AL) The Right Choice For A Smart Dividend Investor?
Apr 17Financial 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).