Air Lease's Total Assets for the quarter that ended in Mar. 2024 was €28,439 Mil.
Warning Sign:
If a company builds assets at 10.1% a year, faster than its revenue growth rate of 8.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Air Lease's average Total Assets Growth Rate was 5.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.10% per year.
During the past 13 years, Air Lease's highest 3-Year average Total Assets Growth Rate was 67.00%. The lowest was 8.50%. And the median was 14.80%.
Total Assets is connected with ROA %. Air Lease's annualizedROA % for the quarter that ended in Mar. 2024 was 1.41%. Total Assets is also linked to Revenue through Asset Turnover. Air Lease's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.
Air Lease Total Assets Historical Data
The historical data trend for Air Lease's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Air Lease's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Air Lease's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Air Lease Total Assets Related Terms
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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.
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