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Aircastle Limited  (NONE: AYR)
Other Ticker:  
 
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services

Aircastle Limited's Working Capital Ratio

AYR's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2024, Working Capital Ratio fell to 2.07 below Aircastle Limited average.

Within Rental & Leasing industry Aircastle Limited booked the highest Working Capital Ratio than Aircastle Limited in the third quarter 2024. While total ranking remained the same in the Q3 2024 compared to the second quarter 2024 at no. 48.

Explain Working Capital Ratio
How much Current Assetss AYR´s has?
What are AYR´s Current Liabilities?


AYR Working Capital Ratio (Nov 30 2024)
Q3
(Aug 31 2024)
Q2
(May 31 2024)
Q1
(Feb 29 2024)
Q4
(Nov 30 2023)
Q3
Y / Y Current Liabilities Change 18.63 % 0.24 % 36.57 % 6.35 % 5.41 %
Y / Y Current Assets Change 354.52 % -39.67 % 17.72 % -41.77 % -51.94 %
Working Capital Ratio MRQ 2.07 2.1 0.64 0.65 0.54
AYR's Total Ranking # 48 # 48 # 69 # 346 # 61
Seq. Current Liabilities Change 22.67 % -21.86 % 23.73 % 0.02 % 3.65 %
Seq. Current Assets Change 21.29 % 155.97 % 22.1 % 19.9 % -83.9 %



Working Capital Ratio third quarter 2024 Company Ranking
Within: No.
Rental & Leasing Industry # 0
Services Sector # 4
Overall Market # 48


Working Capital Ratio Statistics
High Average Low
38.24 4.17 0.54
(May 31 2022)   (Nov 30 2023)




Financial Statements
Aircastle Limited's Current Liabilities $ 260 Millions Visit AYR's Balance sheet
Aircastle Limited's Current Assets $ 540 Millions Visit AYR's Balance sheet
Source of AYR's Sales Visit AYR's Sales by Geography


Cumulative Aircastle Limited's Working Capital Ratio

AYR's Working Capital Ratio for the trailling 12 Months

AYR Working Capital Ratio

(Nov 30 2024)
12 Months
(Aug 31 2024)
12 Months
(May 31 2024)
12 Months
(Feb 29 2024)
12 Months
(Nov 30 2023)
12 Months
Y / Y Current Liabilities TTM Growth 18.63 % 0.24 % 36.57 % 6.35 % 5.41 %
Y / Y Current Assets TTM Growth 354.52 % -39.67 % 17.72 % -41.77 % -51.94 %
Working Capital Ratio TTM 1.35 0.95 1.27 1.35 1.49
Total Ranking TTM # # # # #
Seq. Current Liabilities TTM Growth 22.67 % -21.86 % 23.73 % 0.02 % 3.65 %
Seq. Current Assets TTM Growth 21.29 % 155.97 % 22.1 % 19.9 % -83.9 %


On the trailing twelve months basis AYR Current Assets more than doubled by 354.52 % in Q3 2024 year on year, faster than Current Liabilities, this led to increase in in Aircastle Limited's Working Capital Ratio to 1.35, Working Capital Ratio remained below AYR average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Rental & Leasing industry AYR achieved the highest Working Capital Ratio. While Working Capital Ratio overall ranking has improved so far to 0, from total ranking during the twelve months ending second quarter 2024 at 150.

Explain Working Capital Ratio
How much Current Assetss AYR´s has?
What are AYR´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Rental & Leasing Industry # 0
Services Sector # 4
Within the Market # 48


trailing twelve months Working Capital Ratio Statistics
High Average Low
38.24 4.17 0.54
(May 31 2022)   (Nov 30 2023)




Companies with similar Working Capital Ratio in the quarter ending Nov 30 2024, within Rental & Leasing Industry Working Capital RatioNov 30 2024 MRQ Current AssetsNov 30 2024 MRQ Current Liabilities
Nuscale Power Corporation  5.25 $ 471.137  Millions$ 89.722  Millions
Triton International Limited  4.47 $ 394.823  Millions$ 88.391  Millions
Ftai Aviation Ltd   3.53 $ 1,226.018  Millions$ 347.246  Millions
Prog Holdings Inc   3.46 $ 322.865  Millions$ 93.190  Millions
U haul Holding Company  2.31 $ 3,916.077  Millions$ 1,697.758  Millions
Aircastle Limited  2.07 $ 540.164  Millions$ 260.456  Millions
Chart Industries Inc  1.73 $ 2,465.400  Millions$ 1,427.600  Millions
Herc Holdings Inc   1.38 $ 776.000  Millions$ 562.000  Millions
Aercap Holdings n v   0.98 $ 1,743.472  Millions$ 1,774.827  Millions
United Rentals Inc   0.98 $ 3,249.000  Millions$ 3,323.000  Millions
Willscot Holdings Corporation  0.95 $ 557.510  Millions$ 585.008  Millions
Mcgrath Rentcorp  0.83 $ 234.453  Millions$ 283.879  Millions
Ryder System Inc   0.75 $ 2,463.000  Millions$ 3,271.000  Millions
Avis Budget Group Inc   0.75 $ 2,034.000  Millions$ 2,720.000  Millions
Upbound Group Inc   0.53 $ 222.820  Millions$ 419.691  Millions

Date modified: 2025-01-13T18:08:18+00:00



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