Air Lease Corporation (AL)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $7,532,630K
= 0.00
Based on the provided data, Air Lease Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt relative to its equity. This could suggest that the company relies more on equity financing rather than debt to fund its operations and growth. A lower debt-to-equity ratio is generally viewed favorably by investors as it signifies lower financial risk and potential for higher returns on equity.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Air Lease Corporation
AL
0.00
United Rentals Inc
URI
0.00
Upbound Group Inc.
UPBD
0.00