Air Extraordinary Items vs Cost Of Revenue Analysis

AL Stock

USD 51.66 0.10 0.19%

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 Extraordinary Items and its Cost Of Revenue 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.

Extraordinary Items vs Cost Of Revenue

Extraordinary Items vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Lease Extraordinary Items account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Air Lease's Extraordinary Items and Cost Of Revenue is -0.28. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Cost Of Revenue 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 Extraordinary Items and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Air Lease are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Extraordinary Items i.e., Air Lease's Extraordinary Items and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Extraordinary Items

Cost Of Revenue

Cost of Revenue is found on Air Lease income statement and represents the costs associated with goods and services Air Lease provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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

Gross Profit Total Revenue

Air Lease fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		1.0	-0.74	0.81	0.99	0.98	1.0	0.95	1.0	0.92	0.77	0.59	1.0	0.78	0.44	1.0	0.59	0.82	0.59	-0.64	1.0	0.31	0.93	1.0	0.99	0.55
Short Long Term Debt Total	1.0		-0.75	0.8	0.99	0.98	1.0	0.96	1.0	0.92	0.77	0.61	1.0	0.78	0.44	1.0	0.61	0.81	0.6	-0.64	1.0	0.29	0.93	1.0	0.98	0.57
Other Current Liab	-0.74	-0.75		-0.88	-0.72	-0.69	-0.73	-0.6	-0.74	-0.81	-0.89	-0.52	-0.74	-0.91	0.06	-0.74	-0.52	-0.63	-0.39	0.4	-0.74	-0.58	-0.75	-0.75	-0.79	-0.5
Total Current Liabilities	0.81	0.8	-0.88		0.8	0.78	0.81	0.74	0.81	0.93	1.0	0.37	0.81	0.98	0.09	0.8	0.37	0.74	0.47	-0.57	0.8	0.76	0.78	0.81	0.81	0.33
Total Stockholder Equity	0.99	0.99	-0.72	0.8		0.96	0.99	0.94	0.99	0.93	0.77	0.61	0.99	0.78	0.49	0.99	0.61	0.82	0.57	-0.6	0.99	0.32	0.94	0.99	0.98	0.57
Other Liab	0.98	0.98	-0.69	0.78	0.96		0.99	0.97	0.98	0.89	0.74	0.5	0.98	0.73	0.46	0.98	0.5	0.81	0.62	-0.71	0.98	0.29	0.89	0.98	0.96	0.45
Property Plant And Equipment Net	1.0	1.0	-0.73	0.81	0.99	0.99		0.96	1.0	0.92	0.77	0.56	1.0	0.77	0.45	1.0	0.56	0.83	0.61	-0.65	1.0	0.31	0.93	1.0	0.98	0.52
Current Deferred Revenue	0.95	0.96	-0.6	0.74	0.94	0.97	0.96		0.96	0.88	0.69	0.51	0.96	0.67	0.55	0.96	0.51	0.82	0.7	-0.73	0.96	0.22	0.86	0.96	0.9	0.46
Net Debt	1.0	1.0	-0.74	0.81	0.99	0.98	1.0	0.96		0.92	0.77	0.56	1.0	0.78	0.42	1.0	0.56	0.82	0.61	-0.64	1.0	0.31	0.93	1.0	0.98	0.52
Retained Earnings	0.92	0.92	-0.81	0.93	0.93	0.89	0.92	0.88	0.92		0.91	0.58	0.92	0.9	0.41	0.92	0.58	0.76	0.51	-0.65	0.92	0.51	0.86	0.92	0.9	0.54
Accounts Payable	0.77	0.77	-0.89	1.0	0.77	0.74	0.77	0.69	0.77	0.91		0.34	0.78	0.99	0.04	0.77	0.34	0.72	0.43	-0.53	0.77	0.79	0.76	0.77	0.79	0.31
Cash	0.59	0.61	-0.52	0.37	0.61	0.5	0.56	0.51	0.56	0.58	0.34		0.56	0.43	0.52	0.61	1.0	0.35	0.2	-0.29	0.59	-0.06	0.53	0.59	0.56	1.0
Non Current Assets Total	1.0	1.0	-0.74	0.81	0.99	0.98	1.0	0.96	1.0	0.92	0.78	0.56		0.78	0.43	1.0	0.56	0.83	0.6	-0.64	1.0	0.32	0.93	1.0	0.99	0.52
Non Currrent Assets Other	0.78	0.78	-0.91	0.98	0.78	0.73	0.77	0.67	0.78	0.9	0.99	0.43	0.78		0.02	0.77	0.43	0.7	0.39	-0.48	0.78	0.77	0.78	0.78	0.8	0.4
Other Assets	0.44	0.44	0.06	0.09	0.49	0.46	0.45	0.55	0.42	0.41	0.04	0.52	0.43	0.02		0.44	0.52	0.31	0.32	-0.4	0.44	-0.28	0.34	0.43	0.34	0.5
Long Term Debt	1.0	1.0	-0.74	0.8	0.99	0.98	1.0	0.96	1.0	0.92	0.77	0.61	1.0	0.77	0.44		0.61	0.81	0.6	-0.64	1.0	0.29	0.93	1.0	0.98	0.56
Cash And Short Term Investments	0.59	0.61	-0.52	0.37	0.61	0.5	0.56	0.51	0.56	0.58	0.34	1.0	0.56	0.43	0.52	0.61		0.35	0.2	-0.29	0.59	-0.06	0.53	0.59	0.56	1.0
Common Stock Total Equity	0.82	0.81	-0.63	0.74	0.82	0.81	0.83	0.82	0.82	0.76	0.72	0.35	0.83	0.7	0.31	0.81	0.35		0.86	-0.37	0.82	0.45	0.89	0.82	0.78	0.33
Common Stock Shares Outstanding	0.59	0.6	-0.39	0.47	0.57	0.62	0.61	0.7	0.61	0.51	0.43	0.2	0.6	0.39	0.32	0.6	0.2	0.86		-0.33	0.6	0.16	0.69	0.6	0.52	0.18
Short Term Investments	-0.64	-0.64	0.4	-0.57	-0.6	-0.71	-0.65	-0.73	-0.64	-0.65	-0.53	-0.29	-0.64	-0.48	-0.4	-0.64	-0.29	-0.37	-0.33		-0.65	-0.12	-0.43	-0.65	-0.58	-0.22
Non Current Liabilities Total	1.0	1.0	-0.74	0.8	0.99	0.98	1.0	0.96	1.0	0.92	0.77	0.59	1.0	0.78	0.44	1.0	0.59	0.82	0.6	-0.65		0.3	0.93	1.0	0.98	0.55
Other Current Assets	0.31	0.29	-0.58	0.76	0.32	0.29	0.31	0.22	0.31	0.51	0.79	-0.06	0.32	0.77	-0.28	0.29	-0.06	0.45	0.16	-0.12	0.3		0.35	0.31	0.34	-0.07
Other Stockholder Equity	0.93	0.93	-0.75	0.78	0.94	0.89	0.93	0.86	0.93	0.86	0.76	0.53	0.93	0.78	0.34	0.93	0.53	0.89	0.69	-0.43	0.93	0.35		0.93	0.94	0.5
Total Liab	1.0	1.0	-0.75	0.81	0.99	0.98	1.0	0.96	1.0	0.92	0.77	0.59	1.0	0.78	0.43	1.0	0.59	0.82	0.6	-0.65	1.0	0.31	0.93		0.98	0.54
Property Plant And Equipment Gross	0.99	0.98	-0.79	0.81	0.98	0.96	0.98	0.9	0.98	0.9	0.79	0.56	0.99	0.8	0.34	0.98	0.56	0.78	0.52	-0.58	0.98	0.34	0.94	0.98		0.52
Total Current Assets	0.55	0.57	-0.5	0.33	0.57	0.45	0.52	0.46	0.52	0.54	0.31	1.0	0.52	0.4	0.5	0.56	1.0	0.33	0.18	-0.22	0.55	-0.07	0.5	0.54	0.52

Click cells to compare fundamentals

Air Lease Account Relationship Matchups

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

0.92

AER

AerCap Holdings NV Financial Report 7th of May 2024

Pair Corr

Moving against Air Stock

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0.74	YAYO	Yayyo Inc	Pair Corr
0.73	ZCARW	Zoomcar Holdings Symbol Change	Pair Corr
0.7	WSC	Willscot Mobile Mini	Pair Corr
0.59	TRTN-PE	Triton International	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Air Lease is a strong investment it is important to analyze Air Lease's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Lease's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:

How To Invest In Air

Details

Is Air Stock a good investment?

Details

What is Air Lease's Net Worth?

Details

Largest Trading Companies & Distributors Companies

View

Largest Rental & Leasing Services Companies

View

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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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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.

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Air Extraordinary Items vs Cost Of Revenue Analysis

Extraordinary Items vs Cost Of Revenue

Extraordinary Items vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Extraordinary Items

Cost Of Revenue

Air Lease fundamental ratios Correlations

Air Lease Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Air Lease fundamental ratios Accounts

Pair Trading with Air Lease

Moving together with Air Stock

Moving against Air Stock

Complementary Tools for Air Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets

Non Currrent Assets Other	- 0.91	Other Current Liab
Accounts Payable	- 0.89	Other Current Liab
Total Current Liabilities	- 0.88	Other Current Liab
Retained Earnings	- 0.81	Other Current Liab
Property Plant And Equipment Gross	- 0.79	Other Current Liab
Total Liab	- 0.75	Other Current Liab