Air Free Cash Flow vs Enterprise Value Analysis
AL Stock | USD 51.40 0.39 0.76% |
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 Free Cash Flow and its Enterprise Value 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 tightly coupled 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.
Free Cash Flow vs Enterprise Value
Free Cash Flow vs Enterprise Value Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Lease Free Cash Flow account and Enterprise Value. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Air Lease's Free Cash Flow and Enterprise Value is -0.22. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Enterprise Value 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 Free Cash Flow and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Air Lease are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Free Cash Flow i.e., Air Lease's Free Cash Flow and Enterprise Value go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Enterprise Value
Enterprise Value (or EV) is usually referred to as Air Lease theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Air Lease debt, but would also pocket its cash. Enterprise Value is more accurate representation of Air Lease value than its market capitalization because it takes into account all of Air Lease existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.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 tightly coupled 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 15.06 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
Click cells to compare fundamentals
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 | 16.5B | 17.0B | 18.6B | 19.2B | 11.2B | |
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 | 1.3B | 1.4B | |
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 | 30.0B | 17.3B | |
Non Currrent Assets Other | 1.1B | 1.2B | 1.4B | 1.7B | 2.5B | 2.6B | |
Other Assets | 21.1B | 23.5B | 25.9B | 13.6M | 15.6M | 14.9M | |
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 | 22.0B | 12.8B | |
Other Current Assets | 270.2M | 23.6M | 21.8M | 13.6M | 608.7M | 639.2M | |
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 |
Pair Trading with Air Lease
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Lease position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Lease will appreciate offsetting losses from the drop in the long position's value.Moving together with Air Stock
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The ability to find closely correlated positions to Air Lease could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Lease when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Lease - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Lease to buy it.
The correlation of Air Lease is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Lease moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Lease moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Lease can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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When running Air Lease's price analysis, check to measure Air Lease's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Lease is operating at the current time. Most of Air Lease's value examination focuses on studying past and present price action to predict the probability of Air Lease's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Lease's price. Additionally, you may evaluate how the addition of Air Lease to your portfolios can decrease your overall portfolio volatility.
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Is Air Lease's industry 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 0.556 | Dividend Share 0.81 | Earnings Share 5.14 | Revenue Per Share 24.188 | Quarterly Revenue Growth 0.191 |
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.