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AerCap Holdings NV (AerCap Holdings NV) Debt-to-EBITDA

: 10.19 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

AerCap Holdings NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. AerCap Holdings NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $46,576 Mil. AerCap Holdings NV's annualized EBITDA for the quarter that ended in Dec. 2023 was $4,571 Mil. AerCap Holdings NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 10.19.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for AerCap Holdings NV's Debt-to-EBITDA or its related term are showing as below:

AER' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.81   Med: 10.25   Max: 18.51
Current: 10.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of AerCap Holdings NV was 18.51. The lowest was 8.81. And the median was 10.25.

AER's Debt-to-EBITDA is ranked worse than
91.29% of 827 companies
in the Business Services industry
Industry Median: 1.86 vs AER: 10.24

AerCap Holdings NV Debt-to-EBITDA Historical Data

The historical data trend for AerCap Holdings NV's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AerCap Holdings NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.57 10.74 18.51 11.38 10.24

AerCap Holdings NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.37 10.62 10.11 10.20 10.19

Competitive Comparison

For the Rental & Leasing Services subindustry, AerCap Holdings NV's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AerCap Holdings NV Debt-to-EBITDA Distribution

For the Business Services industry and Industrials sector, AerCap Holdings NV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AerCap Holdings NV's Debt-to-EBITDA falls into.



AerCap Holdings NV Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

AerCap Holdings NV's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 46575.986) / 4547.656
=10.24

AerCap Holdings NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 46575.986) / 4571.424
=10.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


AerCap Holdings NV  (NYSE:AER) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


AerCap Holdings NV Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of AerCap Holdings NV's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


AerCap Holdings NV (AerCap Holdings NV) Business Description

Traded in Other Exchanges
Address
65 St. Stephen's Green, AerCap House, Dublin, IRL, D02 YX20
AerCap Holdings NV is an aircraft leasing company. Its major activities include leasing, financing, sales, and management of commercial aircraft and engines. It also provides aircraft asset management and corporate services to securitization vehicles, joint ventures, and other third parties. Through its subsidiary, the group also provides engine leasing, certified aircraft engines, airframes, and engine parts. Its geographical segments include China, United States, and Other countries.
Executives
Michael George Walsh director 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
James A Lawrence director 2211 S 47TH ST, PHOENIX AZ 85034
Michael Gradon director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Aengus Kelly officer: Chief Executive Officer AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Den Dikken Wouter Marinus officer: Chief Operating Officer AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Peter Juhas officer: Chief Financial Officer 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Philip Gene Scruggs officer: Chief Comm. Off. and President AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Robert G Warden director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Marius Jonkhart director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Al Noaimi Salem Rashed Abdulla Ali director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Paul T Dacier director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Pieter Korteweg director C/O CERBERUS CAPITAL MANAGEMENT L.P., 299 PARK AVENUE - 22ND FLOOR, NEW YORK NY 10171
Robert H Benmosche director 180 MAIDEN LANE, NEW YORK NY 10038