WLFC - Intrinsic Value and Financial Analysis - Willis Lease Finance Corporation

Willis Lease Finance Corporation WLFC

Industrials - Rental & Leasing Services - NASDAQ - US

Watchlist

$ 198.16

-1.42 %

$ 1.31 B

Market Cap

14.06

P/E

BALANCE SHEET

2.65 B ASSETS

Growth Rates

1Year 2.99%

3Years 3.90%

5Years 6.51%

7Years 10.27%

10Years 8.26%

2.26 B LIABILITIES

Growth Rates

1Year 4.19%

3Years 4.17%

5Years 6.53%

7Years 10.26%

10Years 8.65%

489 M EQUITY

Growth Rates

1Year 20.82%

3Years 10.33%

5Years 11.26%

7Years 13.93%

10Years 8.68%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Willis Lease Finance Corporation

2.65 B ASSETS
2.26 B LIABILITIES

Current Assets	392 M
Cash & Short-Term Investments	23.6 M
Receivables	58.5 M
Other Current Assets	310 M
Non-Current Assets	2.26 B
Long-Term Investments	176 M
PP&E	45.8 M
Other Non-Current Assets	2.04 B

Current Liabilities	96.5 M
Accounts Payable	45 M
Short-Term Debt	76.5 M
Other Current Liabilities	-25.1 M
Non-Current Liabilities	2.12 B
Long-Term Debt	1.73 B
Other Non-Current Liabilities	383 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995
ASSETS
Cash & Cash Equivalents	7.1	12.1	14.3	42.5	6.7	11.7	7.1	10.1	9.7	13.5	12.5	5.4	6.4	2.2	2.1	8.6	7.2	0.4	6.3	51.9	43.0	27.3	24.8	25.4	9.5	5.3	13.1	6.6	0.8
Short Term Investments	16.5	56.2	8.0	0	0	0	0	0	0	0	0	0	0	0	0	0	10.3	10.6	10.3	2.9	0	0	0	0	0	0	0	0	0
Receivables	58.5	128.4	39.6	28.3	24.1	23.3	18.8	16.5	13.6	8.9	13.3	12.9	9.0	8.9	5.8	8.6	5.5	5.0	4.7	2.1	2.1	3.4	2.5	4.1	5.8	8.6	5.3	1.7	1.3
Inventory	41.0	38.6	51.0	59.4	41.8	48.9	16.4	25.4	20.5	18.6	3.3	0	(3.4)	(8.9)	991.1	(8.6)	0	0	0	0	0	0	0	0	22.2	35.9	10.3	1.1	2.9
Other Current Assets	268.9	80.1	220.2	208.4	105.8	73.2	40.3	53.0	33.0	69.4	84.7	49.6	98.3	77.0	0	69.2	65.0	72.8	61.3	0	0	0	0	0	0	0	0	0	0
Total Current Assets	392.0	259.3	308.6	328.2	167.8	154.9	116.7	105.0	100.8	110.4	114.0	67.9	82.7	79.2	1 058.6	77.8	88.1	88.8	82.6	56.8	45.1	30.7	27.3	29.5	37.5	49.7	28.7	9.4	5.0
PP&E	45.8	2 147.3	2 022.7	1 918.4	1 682.4	1 700.8	1 368.6	1 153.4	1 143.1	1 084.4	1 038.0	967.4	988.4	1 005.0	9.4	837.5	749.1	617.2	548.3	511.4	499.5	496.4	488.0	408.8	339.7	277.1	128.6	93.6	79.0
Intangible Assets	10.2	18.8	23.7	21.3	4.4	16.1	16.5	19.9	0.3	0.3	1.4	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill	0	0	0	0	0	0	0	0	0.7	0.9	0.3	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	175.9	62.6	55.9	53.3	57.9	47.9	50.6	45.4	41.3	41.6	23.5	21.8	15.2	9.4	10.7	10.4	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	2 028.4	(45.3)	(72.4)	(73.1)	(82.4)	(75.1)	43.5	(29.1)	(14.8)	(2.0)	(64.3)	21.6	37.9	22.8	14.4	48.7	(15.2)	1.1	(3.9)	(10.3)	(9.8)	(6.7)	(5.7)	17.6	35.1	33.2	41.1	21.9	7.4
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	2 652.3	2 575.2	2 462.9	2 364.9	1 940.6	1 934.9	1 603.4	1 337.9	1 308.6	1 261.6	1 199.2	1 078.7	1 133.2	1 126.0	1 097.7	983.3	868.6	737.9	655.7	585.5	560.0	544.0	532.5	455.9	412.3	360.0	198.4	124.9	91.4
LIABILITIES
Accounts Payable	45.0	43.0	21.7	23.1	41.8	42.9	22.1	17.8	21.7	21.6	16.3	15.4	0	0	0	0	11.8	14.8	26.2	7.3	5.8	4.3	4.5	6.4	3.4	9.6	4.0	2.8	1.1
Short Term Debt	76.5	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	(68.6)	0	5.2	3.9	3.8	0	0	0	66.0	31.2	(16.3)	(15.4)	15.8	3.2	61.1	6.0	(11.8)	(4.0)	(21.4)	(1.9)	0.7	1.9	0.3	0	1.1	1.0	1.1	0.5	0.2
Total Current Liabilities	96.5	60.9	37.3	38.6	51.8	48.4	30.2	23.6	26.8	26.0	19.8	20.0	16.8	18.1	64.5	12.7	63.8	14.8	26.2	7.3	6.4	6.2	7.4	6.4	4.5	10.6	5.1	3.3	1.3
Long Term Debt	1 734.3	1 847.3	1 790.3	1 693.8	1 251.0	1 337.3	1 085.4	900.3	866.1	871.9	696.5	664.9	721.9	628.2	676.1	635.0	567.1	465.2	407.6	369.8	362.4	364.7	359.5	301.3	293.8	248.2	104.2	76.2	69.9
Deferred Tax Income	147.8	132.5	124.3	116.8	110.4	90.3	78.3	105.0	96.7	90.5	86.7	90.2	84.7	75.6	69.1	56.1	0	30.8	28.6	27.5	25.3	23.6	22.8	17.1	12.8	11.7	8.5	5.9	4.1
Other Liabilities	234.9	129.8	135.1	140.1	171.0	166.7	142.6	107.0	25.0	51.8	14.2	50.6	73.1	(18.0)	13.7	75.7	69.0	80.0	93.3	66.2	55.2	43.9	43.7	35.5	31.7	23.7	26.0	16.3	11.2
Total Liabilities	2 261.5	2 170.5	2 087.0	2 000.9	1 590.3	1 648.2	1 344.5	1 141.6	1 098.2	1 044.8	986.6	879.2	896.5	899.0	876.9	791.1	693.9	590.8	534.2	469.0	450.0	438.5	430.9	360.2	342.8	294.2	143.8	101.7	86.5
EQUITY
Common Stock	68 K	66 K	65 K	66 K	64 K	62 K	64 K	64 K	75 K	83 K	84 K	87 K	91 K	92 K	92 K	91 K	84 K	80 K	92 K	90 K	88 K	88 K	88 K	87 K	100 K	0	0	0	0
Retained Earnings	397.8	357.5	355.4	355.4	349.0	286.6	256.3	194.7	182.1	174.7	167.5	152.9	156.7	145.3	136.4	117.2	93.7	62.2	57.9	52.8	48.9	45.4	41.8	34.8	27.0	23.7	14.5	7.1	5.3
Other Accumulative Comprehensive Income/Loss	11.4	26.7	5.0	(5.1)	(3.2)	0.1	0.2	(1.0)	(0.5)	0	0.3	(1.2)	(8.9)	(10.5)	(8.3)	(14.9)	(6.7)	(1.0)	(0.2)	1.0	(0.7)	(1.6)	(1.8)	(27.3)	(22.3)	(16.0)	(15.5)	(0.2)	(11.3)
Total Equity	488.9	404.7	375.9	364.0	350.3	286.8	258.9	196.3	210.3	216.9	212.6	199.6	236.7	227.0	220.8	192.2	174.7	147.1	121.5	116.5	110.1	105.5	101.6	95.7	69.5	65.8	54.6	23.2	4.9
Total Liabilities and Equity	2 750.5	2 575.2	2 462.9	2 364.9	1 940.6	1 934.9	1 603.4	1 337.9	1 308.6	1 261.6	1 199.2	1 078.7	1 133.2	1 126.0	1 097.7	983.3	868.6	737.9	655.7	585.5	560.0	544.0	532.5	455.9	412.3	360.0	198.4	124.9	91.4
SHARES OUTSTANDING
Common Shares Outstanding	6.3	6.1	6.1	6.0	5.8	5.9	6.1	6.6	7.8	7.9	8.0	8.5	8.4	8.7	8.4	8.2	8.1	9.2	9.1	10.4	8.8	8.4	8.8	7.5	7.4	7.3	5.5	3.2	3.1

Balance Sheet

Premium Plan

Unlimited Plan