Air Lease Corporation (AL)
Debt-to-capital ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 7,532,630 | 7,160,040 | 6,646,360 | 7,008,570 | 6,072,340 |
Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $7,532,630K)
= 0.00
Air Lease Corporation has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has not utilized any debt to finance its operations and investments, resulting in a capital structure solely reliant on equity. This signifies that the company has a low risk of financial distress due to its lack of debt obligations and may have a strong creditworthiness profile in the eyes of investors and creditors. However, it is essential for the company to strike a balance between using debt and equity to optimize its capital structure for efficient operational and financial performance in the long run.
Peer comparison
Dec 31, 2024