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Willis Lease Finance Corp  (WLFC)
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Willis Lease Finance's Quick Ratio

WLFC's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2024, Quick Ratio fell to 0.05 a new company low.

Within Construction & Mining Machinery industry 11 other companies have achieved higher Quick Ratio than Willis Lease Finance in third quarter 2024. While Quick Ratio total ranking has improved so far during the III Quarter 2024 to 2679, from total ranking in the second quarter 2024 at 3670.

Explain Quick Ratio?
How much Cash & cash equivalents WLFC´s has?
What are WLFC´s Current Liabilities?


WLFC Quick Ratio (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Current Liabilities Change 178.22 % 112.66 % 145.62 % -66.87 % -72.02 %
Y / Y Cash & cash equivalent Change 7.8 % -14.77 % -22.39 % -40.65 % -58.22 %
Quick Ratio MRQ 0.05 0.06 0.07 0.13 0.13
WLFC's Total Ranking # 2679 # 3670 # 847 # 2179 # 1904
Seq. Current Liabilities Change 34.09 % -13.73 % 95.23 % 23.19 % 2.49 %
Seq. Cash & cash equivalent Change 14.81 % -33.82 % 7.79 % 31.63 % -9.23 %



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Construction & Mining Machinery Industry # 12
Capital Goods Sector # 166
Overall Market # 2679


Quick Ratio Statistics
High Average Low
1.58 0.43 0.05
(Dec 31 2020)   (Sep 30 2024)




Financial Statements
Willis Lease Finance's Current Liabilities $ 120 Millions Visit WLFC's Balance sheet
Willis Lease Finance's Cash & cash equivalent $ 6 Millions Visit WLFC's Balance sheet
Source of WLFC's Sales Visit WLFC's Sales by Geography


Cumulative Willis Lease Finance's Quick Ratio

WLFC's Quick Ratio for the trailling 12 Months

WLFC Quick Ratio

(Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Current Liabilities TTM Growth 178.22 % 112.66 % 145.62 % -66.87 % -72.02 %
Y / Y Cash & cash equivalent TTM Growth 7.8 % -14.77 % -22.39 % -40.65 % -58.22 %
Quick Ratio TTM 0.07 0.09 0.11 0.16 0.12
Total Ranking TTM # 2117 # 1655 # 2356 # 2239 # 3011
Seq. Current Liabilities TTM Growth 34.09 % -13.73 % 95.23 % 23.19 % 2.49 %
Seq. Cash & cash equivalent TTM Growth 14.81 % -33.82 % 7.79 % 31.63 % -9.23 %


On the trailing twelve months basis Due to growth in Current Liabilities in the III Quarter 2024 to $119.56 millions, cumulative Quick Ratio decreased to 0.07 below the Willis Lease Finance Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Construction & Mining Machinery industry 11 other companies have achieved higher Quick Ratio than Willis Lease Finance. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 1655 to 2117.

Explain Quick Ratio?
How much Cash & cash equivalents WLFC´s has?
What are WLFC´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Construction & Mining Machinery Industry # 12
Capital Goods Sector # 166
Within the Market # 2117


trailing twelve months Quick Ratio Statistics
High Average Low
1.58 0.43 0.05
(Dec 31 2020)   (Sep 30 2024)




Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within Construction & Mining Machinery Industry Quick RatioSep 30 2024 MRQ Cash & cash equivalentSep 30 2024 MRQ Current Liabilities
Hyster yale Inc   0.07 $ 75.600  Millions$ 1,148.700  Millions
Willis Lease Finance Corp  0.05 $ 5.791  Millions$ 119.560  Millions
The Manitowoc Company Inc   0.04 $ 22.900  Millions$ 543.500  Millions

Date modified: 2024-11-05T15:12:47+00:00



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