Air Lease (Air Lease) Debt-to-EBITDA : 8.67 (As of Dec. 2023)

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What is Air Lease Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Air Lease's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Air Lease's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19,182.66 Mil. Air Lease's annualized EBITDA for the quarter that ended in Dec. 2023 was $2,212.60 Mil. Air Lease's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 8.67.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Air Lease's Debt-to-EBITDA or its related term are showing as below:

ALLLZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.19 Med: 9.3 Max: 21.17
Current: 10.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Air Lease was 21.17. The lowest was 8.19. And the median was 9.30.

ALLLZ's Debt-to-EBITDA is ranked worse than
90.83% of 829 companies
in the Business Services industry
Industry Median: 1.88 vs ALLLZ: 10.22

Air Lease Debt-to-EBITDA Historical Data

The historical data trend for Air Lease's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Air Lease Debt-to-EBITDA Chart

Air Lease Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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9.21

11.23

11.55

21.17

10.22

Air Lease Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															10.44	11.28	10.59	10.45	8.67

Competitive Comparison of Air Lease's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Air Lease's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Air Lease's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Air Lease's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Air Lease's Debt-to-EBITDA falls into.

Air Lease Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Air Lease's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	19182.657)	/	1876.459
	=	10.22

Air Lease's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	19182.657)	/	2212.604
	=	8.67

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.

Air Lease (GREY:ALLLZ) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Air Lease Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Air Lease's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Air Lease (Air Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Air Lease Corp (GREY:ALLLZ) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ALpA.PFD:USA AL:USA AVLA:Germany

Address

2000 Avenue of the Stars, Suite 1000N, Los Angeles, CA, USA, 90067

Website

https://www.airleasecorp.com

Air Lease Corp is an aircraft leasing company based in the United States. However, it derives its revenue from the Asia region. Its business involves purchasing aircraft from renowned manufacturers such as The Boeing Company (Boeing) and Airbus S.A.S and leasing them to airline companies across the world. Its suite of aircraft entails single-aisle narrow-bodied jets and twin-aisle wide-bodied aircraft. The company's primary source of revenue originates from the leasing of aircraft and to a certain extent from the provision of fleet management services to investors and owners of aircraft portfolios.