Air Lease Corporation (AL)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 7,160,040 | 6,961,050 | 6,852,650 | 6,744,590 | 6,646,360 | 6,528,430 | 6,439,630 | 6,369,580 | 7,008,570 | 6,583,780 | 6,501,720 | 6,428,210 | 6,072,340 | 5,977,320 | 5,869,800 | 5,736,370 | 5,623,540 | 5,462,170 | 5,299,880 | 5,173,820 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $7,160,040K
= 0.00
The debt-to-equity ratio of Air Lease Corporation has consistently been reported as 0.00 for the periods listed, indicating that the company has either minimal or no debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 typically suggests that the company is financing its operations predominantly through equity rather than debt. This could indicate financial stability and a lower risk level as the company is not heavily reliant on borrowing to fund its operations. However, it is important to note that a very low debt-to-equity ratio may also imply missed opportunities for leveraging debt to potentially enhance returns. The consistent reporting of a 0.00 debt-to-equity ratio over multiple periods suggests a deliberate financial strategy or a characteristic feature of Air Lease Corporation's business model.
Peer comparison
Dec 31, 2023