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GuruFocus has detected 7 Warning Signs with Aircastle Ltd $AYR.
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Aircastle Ltd (NYSE:AYR)
Non-Recurring Items
$60.5 Mil (TTM As of Dec. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Aircastle Ltd's non-recurring items for the three months ended in Dec. 2016 was $-138.0 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Dec. 2016 was $60.5 Mil.

As of today, Aircastle Ltd's share price is $23.66. Aircastle Ltd's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2016 was $1.97. Therefore, Aircastle Ltd's P/E (NRI) ratio for today is 12.01.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Aircastle Ltd Non-Recurring Items for the trailing twelve months (TTM) ended in Dec. 2016 was 77.001 (Mar. 2016 ) + 64.771 (Jun. 2016 ) + 56.712 (Sep. 2016 ) + -137.992 (Dec. 2016 ) = $60.5 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Aircastle Ltd's P/E (NRI) Ratio for today is calculated as

Aircastle Ltd's Share Price of today is $23.66.
Aircastle Ltd's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Dec. 2016 was 0.46 (Mar. 2016 ) + 0.25 (Jun. 2016 ) + 0.33 (Sep. 2016 ) + 0.93 (Dec. 2016 ) = $1.97.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Aircastle Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Non Operating Income -9.2-6.91.6184.438.8229.243.4-12.258.942.7

Aircastle Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Non Operating Income 68.2-171.368.482.967.2-137.477.064.856.7-138.0
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