Air Lease Corporation (AL)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,160,040 | 6,646,360 | 7,008,570 | 6,072,340 | 5,623,540 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $7,160,040K
= 0.00
Air Lease Corporation's debt-to-equity ratio has consistently remained at 0.00 for the past five years. This ratio indicates that the company has zero debt relative to its equity, suggesting a strong financial position with either no debt or a very minimal amount of debt compared to its equity. A debt-to-equity ratio of 0.00 may signal that the company is financing its operations primarily through equity, which can be perceived positively by investors and creditors as it implies lower financial risk and potential for higher returns. However, it is also important to consider that a low or zero debt-to-equity ratio may limit the company's ability to take advantage of debt financing benefits, such as tax advantages and leveraging opportunities. Overall, a consistent debt-to-equity ratio of 0.00 reflects Air Lease Corporation's financial stability and strength in managing its capital structure without relying heavily on debt.
Peer comparison
Dec 31, 2023