WLFC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
WLFC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Willis Lease Finance's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.68.
Willis Lease Finance's long-term debt to total assets ratio declined from Dec. 2022 (0.72) to Dec. 2023 (0.68). It may suggest that Willis Lease Finance is progressively becoming less dependent on debt to grow their business.
The historical data trend for Willis Lease Finance's LT-Debt-to-Total-Asset 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.
Willis Lease Finance Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
LT-Debt-to-Total-Asset | Get a 7-Day Free Trial | 0.65 | 0.72 | 0.73 | 0.72 | 0.68 |
Willis Lease Finance Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
LT-Debt-to-Total-Asset | Get a 7-Day Free Trial | 0.72 | 0.71 | 0.70 | 0.69 | 0.68 |
Willis Lease Finance's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
LT Debt to Total Assets (A: Dec. 2023 ) | = | Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 ) | / | Total Assets (A: Dec. 2023 ) |
= | 1802.881 | / | 2652.344 | |
= | 0.68 |
Willis Lease Finance's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as
LT Debt to Total Assets (Q: Dec. 2023 ) | = | Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 ) | / | Total Assets (Q: Dec. 2023 ) |
= | 1802.881 | / | 2652.344 | |
= | 0.68 |
* 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.
Willis Lease Finance (NAS:WLFC) LT-Debt-to-Total-Asset Explanation
LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.
Thank you for viewing the detailed overview of Willis Lease Finance's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Willis Charles F Iv | director, 10 percent owner, officer: Executive Chairman | 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073 |
Scott B. Flaherty | officer: SVP, CFO | 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073 |
Brian Richard Hole | officer: President | 4700 LYONS TECHNOLOGY, SUITE 2215, COCONUT CREEK FL 33073 |
Hans Jorg Hunziker | director | 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073 |
Austin Chandler Willis | director | 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073 |
Rae Ann Mckeating | director | PO BOX 593, MCCALL ID 83638 |
Robert J. Keady | director | 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073 |
Robert T Morris | director | 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073 |
Dean Michael Poulakidas | officer: SVP, Gen. Counsel, Secretary | 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073 |
Anthony R. Spaulding | officer: SVP, Technical Services | 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998 |
Donald A Nunemaker | officer: EVP, General Mgr. Leasing | 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998 |
Bradley Stewart Forsyth | officer: SVP, CFO | 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998 |
Ernest J. Furtado | officer: Interim CFO | 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998 |
Coon W William Jr | director | 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998 |
Judith M Webber | officer: SVP, Technical Services | 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998 |
From GuruFocus
By GuruFocus Research • 05-25-2023
By Marketwired Marketwired • 10-08-2021
By Marketwired Marketwired • 04-30-2021
By GuruFocus Research • 05-26-2023
By Marketwired Marketwired • 05-05-2020
By GuruFocusNews GuruFocusNews • 03-29-2022
By Marketwired • 07-17-2023
By GlobeNewswire • 11-17-2023
By Value_Insider Value_Insider • 10-18-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.