Air Other Current Liab vs Non Currrent Assets Other Analysis

AL Stock  USD 49.00  0.35  0.71%   
Air Lease financial indicator trend analysis is way more than just evaluating Air Lease prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air Lease is a good investment. Please check the relationship between Air Lease Other Current Liab and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Air Stock please use our How to buy in Air Stock guide.

Other Current Liab vs Non Currrent Assets Other

Other Current Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Lease Other Current Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Air Lease's Other Current Liab and Non Currrent Assets Other is -0.91. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Air Lease, assuming nothing else is changed. The correlation between historical values of Air Lease's Other Current Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Air Lease are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Liab i.e., Air Lease's Other Current Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Air Lease's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air Lease current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Air Stock please use our How to buy in Air Stock guide.At this time, Air Lease's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 11.22 this year, although the value of Tax Provision will most likely fall to about 71.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit743.4M858.4M961.3M670.7M
Total Revenue2.1B2.3B2.7B1.6B

Air Lease fundamental ratios Correlations

0.99-0.740.50.990.981.00.951.00.920.770.591.00.780.441.00.590.820.59-0.770.99-0.160.931.00.990.55
0.99-0.750.440.980.960.990.950.990.910.740.650.990.750.450.990.650.790.6-0.761.0-0.210.930.990.980.61
-0.74-0.75-0.8-0.72-0.69-0.73-0.6-0.74-0.81-0.89-0.52-0.74-0.910.06-0.74-0.52-0.63-0.390.51-0.710.52-0.75-0.75-0.79-0.5
0.50.44-0.80.490.470.490.390.50.680.920.110.50.89-0.220.480.110.550.26-0.420.42-0.270.50.50.530.09
0.990.98-0.720.490.960.990.940.990.930.770.610.990.780.490.990.610.820.57-0.750.98-0.110.940.990.980.57
0.980.96-0.690.470.960.990.970.980.890.740.50.980.730.460.980.50.810.62-0.810.97-0.180.890.980.960.45
1.00.99-0.730.490.990.990.961.00.920.770.561.00.770.451.00.560.830.61-0.780.99-0.150.931.00.980.52
0.950.95-0.60.390.940.970.960.960.880.690.510.960.680.550.960.510.820.7-0.840.97-0.090.860.960.90.46
1.00.99-0.740.50.990.981.00.960.920.770.561.00.780.421.00.560.820.61-0.780.99-0.160.931.00.980.52
0.920.91-0.810.680.930.890.920.880.920.910.580.920.90.410.920.580.760.51-0.80.91-0.170.860.920.90.54
0.770.74-0.890.920.770.740.770.690.770.910.340.780.990.040.770.340.720.43-0.660.73-0.240.760.770.790.31
0.590.65-0.520.110.610.50.560.510.560.580.340.560.430.520.611.00.350.2-0.420.63-0.220.530.590.561.0
1.00.99-0.740.50.990.981.00.961.00.920.780.560.780.431.00.560.830.6-0.780.99-0.150.931.00.990.52
0.780.75-0.910.890.780.730.770.680.780.90.990.430.780.030.780.430.70.39-0.620.74-0.220.780.780.80.4
0.440.450.06-0.220.490.460.450.550.420.410.040.520.430.030.440.520.310.32-0.470.490.190.340.430.340.5
1.00.99-0.740.480.990.981.00.961.00.920.770.611.00.780.440.610.810.6-0.770.99-0.170.931.00.980.56
0.590.65-0.520.110.610.50.560.510.560.580.341.00.560.430.520.610.350.2-0.420.63-0.220.530.590.561.0
0.820.79-0.630.550.820.810.830.820.820.760.720.350.830.70.310.810.350.86-0.510.8-0.040.890.820.780.33
0.590.6-0.390.260.570.620.610.70.610.510.430.20.60.390.320.60.20.86-0.380.62-0.060.690.60.520.18
-0.77-0.760.51-0.42-0.75-0.81-0.78-0.84-0.78-0.8-0.66-0.42-0.78-0.62-0.47-0.77-0.42-0.51-0.38-0.790.28-0.59-0.78-0.72-0.35
0.991.0-0.710.420.980.970.990.970.990.910.730.630.990.740.490.990.630.80.62-0.79-0.160.920.990.970.58
-0.16-0.210.52-0.27-0.11-0.18-0.15-0.09-0.16-0.17-0.24-0.22-0.15-0.220.19-0.17-0.22-0.04-0.060.28-0.16-0.09-0.17-0.21-0.2
0.930.93-0.750.50.940.890.930.860.930.860.760.530.930.780.340.930.530.890.69-0.590.92-0.090.930.940.5
1.00.99-0.750.50.990.981.00.961.00.920.770.591.00.780.431.00.590.820.6-0.780.99-0.170.930.980.54
0.990.98-0.790.530.980.960.980.90.980.90.790.560.990.80.340.980.560.780.52-0.720.97-0.210.940.980.52
0.550.61-0.50.090.570.450.520.460.520.540.311.00.520.40.50.561.00.330.18-0.350.58-0.20.50.540.52
Click cells to compare fundamentals

Air Lease Account Relationship Matchups

Air Lease fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.7B25.2B27.0B28.4B30.5B17.9B
Short Long Term Debt Total13.6B18.5B19.2B21.3B19.2B12.1B
Other Current Liab(20M)(1.9B)(2.1B)(2.6B)(3.2B)(3.0B)
Total Current Liabilities660.2M635.4M750.6M844.6M4.4B4.6B
Total Stockholder Equity5.6B6.1B7.0B6.6B7.2B4.6B
Other Liab2.0B2.1B2.3B2.4B2.8B1.5B
Property Plant And Equipment Net20.3B22.2B24.4B25.9B27.4B16.5B
Current Deferred Revenue143.7M142.9M138.8M147.7M143.9M105.7M
Net Debt13.3B14.8B15.9B17.9B18.7B10.7B
Retained Earnings2.8B3.3B3.6B3.4B3.9B4.1B
Accounts Payable516.5M492.5M611.8M696.9M1.2B1.2B
Cash317.5M1.7B1.1B766.4M460.9M532.9M
Non Current Assets Total21.4B23.5B25.9B27.6B30.0B17.3B
Non Currrent Assets Other1.1B1.2B1.4B1.7B2.5B2.6B
Other Assets21.1B23.5B25.9B13.6M15.6M14.9M
Long Term Debt13.6B16.5B17.0B18.6B19.2B11.2B
Cash And Short Term Investments317.5M1.7B1.1B766.4M460.9M532.9M
Common Stock Total Equity1.1M1.1M1.1M1.1M1.3M1.1M
Common Stock Shares Outstanding113.1M114.0M114.4M111.6M111.4M115.3M
Liabilities And Stockholders Equity21.7B25.2B27.0B28.4B30.5B17.9B
Non Current Liabilities Total15.4B18.5B19.2B20.9B18.9B12.5B
Other Current Assets270.2M23.6M21.8M13.6M3.6M3.4M
Other Stockholder Equity2.8B2.8B3.4B3.3B3.3B2.7B
Total Liab16.1B19.1B20.0B21.8B23.3B13.3B
Property Plant And Equipment Gross18.7B22.2B28.6B30.8B33.0B16.8B
Total Current Assets338.1M1.8B1.1B780.0M464.5M572.3M
Accumulated Other Comprehensive Income(1.4M)325K(1.8M)2.4M1.8M1.9M
Short Term Debt20M1.9B2.1B2.6B3.2B3.4B
Common Stock1.1M1.1M1.1M1.1M1.1M1.1M
Property Plant Equipment1.6B1.8B24.4B25.9B29.8B31.3B
Retained Earnings Total Equity2.8B3.3B3.6B3.4B3.9B4.1B
Deferred Long Term Liab749.5M916.4M1.0B970.8M1.1B600.4M
Net Tangible Assets5.6B6.1B7.0B6.6B7.6B4.8B
Long Term Debt Total13.6B16.5B17.0B18.6B21.4B12.0B
Capital Surpluse2.8B2.8B3.4B3.3B3.7B2.8B
Long Term Investments56.4M52.6M73.2M64.7M69.4M49.3M
Cash And Equivalents317.5M1.7B1.1B766.4M881.4M749.8M

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Air Stock please use our How to buy in Air Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Lease. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Lease listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.84
Earnings Share
4.39
Revenue Per Share
24.608
Quarterly Revenue Growth
0.047
The market value of Air Lease is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Lease's value that differs from its market value or its book value, called intrinsic value, which is Air Lease's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Lease's market value can be influenced by many factors that don't directly affect Air Lease's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Lease's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Lease is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Lease's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.