Aersale Corp Stock Current Ratio
| ASLE Stock | USD 7.46 0.18 2.47% |
AerSale Corp fundamentals help investors to digest information that contributes to AerSale Corp's financial success or failures. It also enables traders to predict the movement of AerSale Stock. The fundamental analysis module provides a way to measure AerSale Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AerSale Corp stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 5.79 | 4.03 |
AerSale | Current Ratio |
AerSale Corp Company Current Ratio Analysis
AerSale Corp's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current AerSale Corp Current Ratio | 6.77 X |
Most of AerSale Corp's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AerSale Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
AerSale Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for AerSale Corp is extremely important. It helps to project a fair market value of AerSale Stock properly, considering its historical fundamentals such as Current Ratio. Since AerSale Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AerSale Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AerSale Corp's interrelated accounts and indicators.
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AerSale Current Ratio Historical Pattern
Today, most investors in AerSale Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AerSale Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of AerSale Corp current ratio as a starting point in their analysis.
AerSale Corp Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
AerSale Discontinued Operations
Discontinued Operations |
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In accordance with the recently published financial statements, AerSale Corp has a Current Ratio of 6.77 times. This is 228.64% higher than that of the Ground Transportation sector and 147.99% higher than that of the Industrials industry. The current ratio for all United States stocks is notably lower than that of the firm.
AerSale Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AerSale Corp's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AerSale Corp could also be used in its relative valuation, which is a method of valuing AerSale Corp by comparing valuation metrics of similar companies.AerSale Corp is currently under evaluation in current ratio category among related companies.
AerSale Fundamentals
| Return On Equity | -0.0125 | ||||
| Return On Asset | -0.0124 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 435.36 M | ||||
| Shares Outstanding | 53.01 M | ||||
| Shares Owned By Insiders | 24.10 % | ||||
| Shares Owned By Institutions | 76.55 % | ||||
| Number Of Shares Shorted | 4.78 M | ||||
| Price To Earning | 20.32 X | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 1.10 X | ||||
| Revenue | 334.5 M | ||||
| Gross Profit | 152.25 M | ||||
| EBITDA | 48 K | ||||
| Net Income | (5.56 M) | ||||
| Cash And Equivalents | 200.45 M | ||||
| Cash Per Share | 3.88 X | ||||
| Total Debt | 37.53 M | ||||
| Current Ratio | 6.77 X | ||||
| Book Value Per Share | 8.40 X | ||||
| Cash Flow From Operations | (174.15 M) | ||||
| Short Ratio | 8.99 X | ||||
| Earnings Per Share | (0.15) X | ||||
| Target Price | 10.5 | ||||
| Number Of Employees | 707 | ||||
| Beta | 0.24 | ||||
| Market Capitalization | 395.45 M | ||||
| Total Asset | 553.94 M | ||||
| Retained Earnings | 133.27 M | ||||
| Working Capital | 219.06 M | ||||
| Net Asset | 553.94 M |
About AerSale Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AerSale Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AerSale Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AerSale Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with AerSale Corp
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 AerSale Corp 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 AerSale Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with AerSale Stock
| 0.75 | UP | Wheels Up Experience Financial Report 14th of May 2024 | PairCorr |
Moving against AerSale Stock
| 0.86 | AL | Air Lease Financial Report 6th of May 2024 | PairCorr |
| 0.86 | BV | BrightView Holdings Fiscal Year End 21st of November 2024 | PairCorr |
| 0.86 | BZ | Kanzhun Ltd ADR Financial Report 22nd of May 2024 | PairCorr |
| 0.59 | BLDEW | Blade Air Mobility | PairCorr |
| 0.58 | DIST | Distoken Acquisition | PairCorr |
The ability to find closely correlated positions to AerSale Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AerSale Corp 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 AerSale Corp - 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 AerSale Corp to buy it.
The correlation of AerSale Corp 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 AerSale Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AerSale Corp 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 AerSale Corp 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 AerSale Corp Piotroski F Score and AerSale Corp Altman Z Score analysis. For information on how to trade AerSale Stock refer to our How to Trade AerSale Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for AerSale Stock analysis
When running AerSale Corp's price analysis, check to measure AerSale Corp'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 AerSale Corp is operating at the current time. Most of AerSale Corp's value examination focuses on studying past and present price action to predict the probability of AerSale Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AerSale Corp's price. Additionally, you may evaluate how the addition of AerSale Corp to your portfolios can decrease your overall portfolio volatility.
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Is AerSale Corp'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 AerSale Corp. If investors know AerSale 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 AerSale Corp 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 (1.00) | Earnings Share (0.15) | Revenue Per Share 6.522 | Quarterly Revenue Growth (0.01) | Return On Assets (0.01) |
The market value of AerSale Corp is measured differently than its book value, which is the value of AerSale that is recorded on the company's balance sheet. Investors also form their own opinion of AerSale Corp's value that differs from its market value or its book value, called intrinsic value, which is AerSale Corp'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 AerSale Corp's market value can be influenced by many factors that don't directly affect AerSale Corp'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 AerSale Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if AerSale Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AerSale Corp'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.