Air Lease Corporation (AL)
Debt-to-assets ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 30,452,300 | 29,672,200 | 29,757,800 | 29,363,100 | 28,396,700 | 28,224,000 | 27,646,500 | 26,874,800 | 26,968,700 | 27,014,600 | 25,755,500 | 25,189,400 | 25,215,200 | 23,604,800 | 22,993,700 | 22,682,300 | 21,709,200 | 21,609,700 | 20,484,300 | 19,178,900 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $30,452,300K
= 0.00
The debt-to-assets ratio of Air Lease Corporation has consistently been reported as 0.00 across the various periods provided in the table. This indicates that the company has not reported any debt on its balance sheet in relation to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company is primarily financed through sources other than debt capital, such as equity or retained earnings. It is important to note that a debt-to-assets ratio of 0.00 may not necessarily imply that a company is completely debt-free, as certain liabilities or off-balance sheet financing arrangements may not be captured in this ratio calculation. Overall, the trend of a consistent 0.00 debt-to-assets ratio for Air Lease Corporation reflects a low or negligible presence of debt in its capital structure.
Peer comparison
Dec 31, 2023