Air Interest Expense vs Gross Profit Analysis
AL Stock | USD 49.08 0.67 1.35% |
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 Interest Expense and its Gross Profit 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.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Lease Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Air Lease's Interest Expense and Gross Profit is 0.91. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit 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 Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Air Lease are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., Air Lease's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Air Lease minus its cost of goods sold. It is profit before Air Lease operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 14.95 this year, although the value of Tax Provision will most likely fall to about 71.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 743.4M | 858.4M | 961.3M | 670.7M | Total Revenue | 2.1B | 2.3B | 2.7B | 1.6B |
Air Lease fundamental ratios Correlations
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Air Lease Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Air Lease fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.7B | 25.2B | 27.0B | 28.4B | 30.5B | 17.9B | |
Short Long Term Debt Total | 13.6B | 18.5B | 19.2B | 21.3B | 19.2B | 12.1B | |
Other Current Liab | (20M) | (1.9B) | (2.1B) | (2.6B) | (3.2B) | (3.0B) | |
Total Current Liabilities | 660.2M | 635.4M | 750.6M | 844.6M | 4.4B | 4.6B | |
Total Stockholder Equity | 5.6B | 6.1B | 7.0B | 6.6B | 7.2B | 4.6B | |
Other Liab | 2.0B | 2.1B | 2.3B | 2.4B | 2.8B | 1.5B | |
Property Plant And Equipment Net | 20.3B | 22.2B | 24.4B | 25.9B | 27.4B | 16.5B | |
Current Deferred Revenue | 143.7M | 142.9M | 138.8M | 147.7M | 143.9M | 105.7M | |
Net Debt | 13.3B | 14.8B | 15.9B | 17.9B | 18.7B | 10.7B | |
Retained Earnings | 2.8B | 3.3B | 3.6B | 3.4B | 3.9B | 4.1B | |
Accounts Payable | 516.5M | 492.5M | 611.8M | 696.9M | 1.2B | 1.2B | |
Cash | 317.5M | 1.7B | 1.1B | 766.4M | 460.9M | 532.9M | |
Non Current Assets Total | 21.4B | 23.5B | 25.9B | 27.6B | 30.6B | 17.4B | |
Non Currrent Assets Other | 1.1B | 1.2B | 1.4B | 1.7B | 3.1B | 3.3B | |
Other Assets | 21.1B | 23.5B | 25.9B | 13.6M | (640.3M) | (608.3M) | |
Long Term Debt | 13.6B | 16.5B | 17.0B | 18.6B | 19.2B | 11.2B | |
Cash And Short Term Investments | 317.5M | 1.7B | 1.1B | 766.4M | 460.9M | 532.9M | |
Common Stock Total Equity | 1.1M | 1.1M | 1.1M | 1.1M | 1.3M | 1.1M | |
Common Stock Shares Outstanding | 113.1M | 114.0M | 114.4M | 111.6M | 111.4M | 115.3M | |
Liabilities And Stockholders Equity | 21.7B | 25.2B | 27.0B | 28.4B | 30.5B | 17.9B | |
Non Current Liabilities Total | 15.4B | 18.5B | 19.2B | 20.9B | 18.9B | 12.5B | |
Other Current Assets | 270.2M | 23.6M | 21.8M | 13.6M | 3.6M | 3.4M | |
Other Stockholder Equity | 2.8B | 2.8B | 3.4B | 3.3B | 3.3B | 2.7B | |
Total Liab | 16.1B | 19.1B | 20.0B | 21.8B | 23.3B | 13.3B | |
Property Plant And Equipment Gross | 18.7B | 22.2B | 28.6B | 30.8B | 33.0B | 16.8B | |
Total Current Assets | 338.1M | 1.8B | 1.1B | 780.0M | 464.5M | 572.3M | |
Accumulated Other Comprehensive Income | (1.4M) | 325K | (1.8M) | 2.4M | 1.8M | 1.9M | |
Short Term Debt | 20M | 1.9B | 2.1B | 2.6B | 3.2B | 3.4B | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | |
Property Plant Equipment | 1.6B | 1.8B | 24.4B | 25.9B | 29.8B | 31.3B | |
Retained Earnings Total Equity | 2.8B | 3.3B | 3.6B | 3.4B | 3.9B | 4.1B | |
Deferred Long Term Liab | 749.5M | 916.4M | 1.0B | 970.8M | 1.1B | 600.4M | |
Net Tangible Assets | 5.6B | 6.1B | 7.0B | 6.6B | 7.6B | 4.8B | |
Long Term Debt Total | 13.6B | 16.5B | 17.0B | 18.6B | 21.4B | 12.0B | |
Capital Surpluse | 2.8B | 2.8B | 3.4B | 3.3B | 3.7B | 2.8B | |
Long Term Investments | 56.4M | 52.6M | 73.2M | 64.7M | 69.4M | 49.3M | |
Cash And Equivalents | 317.5M | 1.7B | 1.1B | 766.4M | 881.4M | 749.8M |
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Try AI Portfolio ArchitectCheck 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.