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Willis Lease Finance Corp (WLFC) |
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Willis Lease Finance's Total Debt to Equity
WLFC's quarterly Total Debt to Equity and Total Debt, Equity growth
Despite a net increase in borrowings by 2.24%, Willis Lease Finance managed to enhance Total Debt to Equity in the third quarter 2024 to 3.84, falling below the company's typical Total Debt to Equity.
Within Construction & Mining Machinery industry in the third quarter 2024, 9 other companies have achieved lower Total Debt to Equity than Willis Lease Finance in the III Quarter 2024. While Total Debt to Equity total ranking has improved so far in the third quarter 2024 to 1387, from total ranking in the second quarter 2024 at 2624 .
Explain Debt to Equity Ratio?
What is the structure of WLFC´s Total Debt?
How valuable is the WLFC´s Equity?
Select the Comparisons :
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Select the Ratio:
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WLFC Total Debt to Equity |
(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 Equity Change |
19.87 % |
18.04 % |
13.75 % |
12.73 % |
15.21 % |
Y / Y Total Debt Change |
11.32 % |
6.55 % |
-5.52 % |
-2.63 % |
3.25 % |
Total Debt to Equity MRQ |
3.84 |
3.95 |
3.76 |
4.11 |
4.14 |
WLFC's Total
Ranking |
# 1387 |
# 2624 |
# 2136 |
# 1808 |
# 1698 |
Seq. Equity Change |
5.15 % |
6.63 % |
5.2 % |
1.63 % |
3.54 % |
Seq. Total Debt Change |
2.24 % |
12.17 % |
-3.73 % |
0.83 % |
-2.13 % |
Total Debt to Equity third quarter 2024 Company Ranking |
Within: |
No. |
Construction & Mining Machinery Industry |
# 10 |
Capital Goods Sector |
# 117 |
Overall Market |
# 1387 |
Total Debt to Equity Statistics |
High |
Average |
Low |
5.18 |
4.16 |
2.82 |
(Jun 30 2021) |
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(Jun 30 2012) |
Cumulative Willis Lease Finance's Total Debt to Equity
WLFC's Total Debt to Equity for the trailling 12 Months
WLFC Total Debt to Equity |
(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 Equity TTM Growth |
19.87 % |
18.04 % |
13.75 % |
12.73 % |
15.21 % |
Y / Y Total Debt TTM Growth |
11.32 % |
6.55 % |
-5.52 % |
-2.63 % |
3.25 % |
Total Debt to Equity TTM |
3.91 |
3.99 |
4.09 |
4.28 |
4.44 |
Total
Ranking TTM |
# 2367
| # 1088
| # 217
| # 259
| # 2922
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Seq. Equity TTM Growth |
5.15 % |
6.63 % |
5.2 % |
1.63 % |
3.54 % |
Seq. Total Debt TTM Growth |
2.24 % |
12.17 % |
-3.73 % |
0.83 % |
-2.13 % |
News about Willis Lease Finance Corp Total Debt to Equity |
Willis Lease Finance Corporation Closes on Third JOLCO Deal, Marking Another Milestone in Aviation Financing COCONUT CREEK, Fla., April 30, 2024 - Willis Lease Finance Corporation (NASDAQ: WLFC), a leading lessor of commercial aircraft engines and global provider of aviation services, announced the successful closing of its third engine-backed Japanese operating lease with call option (JOLCO). The financing deal, worth a substantial US$21 million and carrying a 5.0% interest loan, matures in March of 2033 and is secured against a CFM LEAP-1B28 engine. This recent accomplishment highlights the company's continued commitment to expanding its reach in the aviation industry. WLFC's JOLCO engine transactions have been gaining traction since August of 2023 when the company closed its first deal in this category. By capitalizing on this financing method, WLFC has been able to tap into the Japanese market and secure crucial funding to support its operations and growth plans. The JOLCO structure allows WLFC to raise capital while benefiting from the tax advantages and reduced risk associated with this type of financing.
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On the trailing twelve months basis Despite of the net new borrowings of 2.24% during the twelve months period ending in III Quarter 2024 Willis Lease Finance has managed to decrease Total Debt to Equity in the III Quarter 2024 to 3.91, below Willis Lease Finance's average Total Debt to Equity. Total Debt to Equity is the average cumulative value over the last four quarters.
Among companies in the Construction & Mining Machinery industry 13, during the past 12 months, other companies have achieved lower Total Debt to Equity than Willis Lease Finance. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the III Quarter 2024, compared to the prior period, from 1088 to 2367.
Explain Debt to Equity Ratio?
What is the structure of WLFC´s Total Debt?
How valuable is the WLFC´s Equity?
TTM Total Debt to Equity Company Ranking |
Within: |
No. |
Within the Construction & Mining Machinery Industry |
# 14 |
Capital Goods Sector |
# 170 |
Within the Market |
# 2367 |
trailing twelve months Total Debt to Equity Statistics |
High |
Average |
Low |
4.89 |
4.41 |
3.85 | (Mar 31 2022) |
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(Dec 31 2019) |
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