Air Lease Corporation

NYSE AL

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Air Lease Corporation Tangible Asset Value Ratio 1 year YoY Change (%) for the quarter ending September 30, 2023: 1.42%

Air Lease Corporation Tangible Asset Value Ratio 1 year YoY Change (%) is 1.42% for the quarter ending September 30, 2023, a 127.95% change year over year. The tangible asset value ratio measures the proportion of tangible assets to total assets. It is calculated by dividing the tangible assets by the total assets. This ratio indicates the significance of tangible assets, such as property, plant, and equipment, in the company's total asset structure. A higher ratio suggests a higher proportion of tangible assets relative to total assets. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Air Lease Corporation Tangible Asset Value Ratio for the quarter ending March 31, 2023 was 0.23, a -3.09% change year over year.
  • Air Lease Corporation Tangible Asset Value Ratio for the quarter ending March 31, 2022 was 0.24, a -7.13% change year over year.
  • Air Lease Corporation Tangible Asset Value Ratio for the quarter ending March 31, 2021 was 0.26, a 0.91% change year over year.
  • Air Lease Corporation Tangible Asset Value Ratio for the quarter ending March 31, 2020 was 0.25, a -6.25% change year over year.
NYSE: AL

Air Lease Corporation

CEO Mr. Steven F. Udvar-Hazy
IPO Date April 19, 2011
Location United States
Headquarters 2000 Avenue of the Stars, Los Angeles, CA, United States, 90067
Employees 163
Sector Industrials
Industry Rental & leasing services
Description

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. The company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2023, it owned a fleet of 463 aircraft, including 345 narrowbody aircraft and 118 widebody aircraft. Air Lease Corporation was incorporated in 2010 and is headquartered in Los Angeles, California.

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StockViz Staff

September 19, 2024

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