AerSale Corporation (ASLE) Balance Sheet
ASLE balance sheet, 2025
December 31, 2025 · U.S. dollars$640.5M assets = $216.0M liabilities + $424.4M equity
Both columns are drawn to the same scale: what ASLE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ASLE financial health
Descriptive bands, not a rating. Fiscal 2025.
ASLE balance sheet trends, 2017–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $356.3M2017 | $640.5M2025 | +7.6%/yr | |
| Total liabilities | $126.5M2017 | $216.0M2025 | +6.9%/yr | |
| Shareholders’ equity | $268.9M2017 | $424.4M2025 | +5.9%/yr | |
| Cash & short-term investments | $10.8M2017 | $4.4M2025 | −10.6%/yr | |
| Total debt | $90.5M2017 | $144.8M2025 | +6.0%/yr | |
| Net cash (debt) | −$79.8M2017 | −$140.5M2025 | −$60.7M | |
| Working capital | −$9.7M2017 | $196.6M2025 | +$206.3M | |
| Book value per share | $5.382017 | $8.892025 | +6.5%/yr | |
| Current ratio | 0.912017 | 3.712025 | +2.80 | |
| Debt / equity | 0.342017 | 0.342025 | 0.00 | |
| Shares outstanding | 50.0M2017 | 47.8M2025 | −0.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ASLE assets
ASLE liabilities and equity
ASLE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ASLE balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & short-term investments | $4.4M | $4.7M | $5.9M | $147.2M | $130.2M | $29.3M | $22.6M | $41,093 | $10.8M |
| Cash & equivalents | $4.4M | $4.7M | $5.9M | $147.2M | $130.2M | $29.3M | $17.5M | $41,093 | $2.1M |
| Short-term investments | — | $4.9M | $13.2M | $5.7M | $2.7M | $7.6M | $5.1M | $2.0M | $8.6M |
| Receivables | $48.5M | $36.6M | $31.2M | $28.3M | $29.4M | $50.7M | $51.9M | $27.8M | $22.8M |
| Inventory | $211.1M | $224.8M | $177.8M | $117.5M | $81.8M | $85.2M | $57.9M | $55.6M | $56.7M |
| Other current assets | $5.1M | $17.9M | $49.9M | $40.6M | $30.2M | $13.8M | $9.4M | $0 | $10.4M |
| Total current assets | $269.0M | $284.0M | $264.8M | $333.6M | $271.5M | $179.0M | $141.8M | $41,093 | $100.6M |
| Property, plant & equipment (net) | $62.1M | $137.3M | $55.2M | $75.5M | $80.7M | $94.7M | $119.4M | $113.5M | $200.2M |
| Goodwill & intangible assets | $38.2M | $40.4M | $41.8M | $44.0M | $46.1M | $48.2M | $34.2M | $11.3M | $2.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $5.4M | $0 | $0 | $0 |
| Other non-current assets | $271.1M | $143.0M | $192.1M | $78.5M | $89.1M | $61.8M | $48.6M | $0 | $52.6M |
| Total assets | $640.5M | $604.7M | $553.9M | $531.6M | $487.5M | $389.1M | $344.0M | $417,500 | $356.3M |
| Liabilities | |||||||||
| Accounts payable | $29.6M | $34.2M | $29.9M | $21.1M | $20.0M | $16.4M | $17.0M | $12.7M | $12.6M |
| Short-term debt | $5.3M | $5.0M | $5.9M | $4.4M | — | — | $3.4M | $150,000 | $82.1M |
| Deferred revenue | $1.3M | $3.5M | $1.5M | $18.4M | $36.1M | $5.4M | $11.2M | −$12.7M | — |
| Total current liabilities | $72.4M | $75.0M | $45.7M | $52.8M | $67.9M | $31.7M | $41.2M | $392,951 | $110.4M |
| Long-term debt | $111.3M | $40.4M | $36.3M | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $32.5M | $34.9M | $29.0M | $32.7M | $0 | — | — | — | — |
| Other long-term liabilities | $32.3M | $33.7M | $26.9M | $33.8M | $10.7M | $6.0M | $8.8M | $10.2M | $16.2M |
| Total liabilities | $216.0M | $149.1M | $108.9M | $86.6M | $78.6M | $37.7M | $50.0M | $392,951 | $126.5M |
| Shareholders' equity | |||||||||
| Common stock & paid-in capital | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $4,000 | $529 | $431 | $500 |
| Retained earnings (deficit) | $147.7M | $139.1M | $133.3M | $138.8M | $95.0M | $58.9M | $50.8M | −$451 | $25.7M |
| Accumulated other comprehensive income | — | — | $0 | — | $0 | $0 | $0 | $0 | $0 |
| Total shareholders' equity | $424.4M | $455.6M | $445.0M | $445.0M | $408.9M | $351.5M | $294.0M | $24,549 | $268.9M |
| Key figures | |||||||||
| Total debt | $144.8M | $76.0M | $37.5M | $32.7M | — | — | $3.4M | $150,000 | $90.5M |
| Net cash (debt) | −$140.5M | −$71.3M | −$31.7M | $114.5M | — | — | $19.3M | −$108,907 | −$79.8M |
| Working capital | $196.6M | $209.1M | $219.1M | $280.7M | $203.6M | $147.3M | $100.6M | −$351,858 | −$9.7M |
| Tangible book value | $386.2M | $415.2M | $403.2M | $401.0M | $362.8M | $303.2M | $259.8M | −$11.3M | $266.0M |
| Book value per share | $8.89 | $8.54 | $8.65 | $8.37 | $8.64 | $9.01 | $6.76 | $0.00 | $5.38 |
| Shares outstanding | 47.8M | 53.4M | 51.5M | 53.1M | 47.3M | 39.0M | 43.5M | 37.0M | 50.0M |
| Current ratio | 3.71 | 3.79 | 5.79 | 6.31 | 4.00 | 5.65 | 3.44 | 0.10 | 0.91 |
| Quick ratio | 0.73 | 0.55 | 0.81 | 3.32 | 2.35 | 2.53 | 1.81 | 70.90 | 0.30 |
| Debt / equity | 0.34 | 0.17 | 0.08 | 0.07 | — | — | 0.01 | 6.11 | 0.34 |
| Equity / assets | 66.3% | 75.3% | 80.3% | 83.7% | 83.9% | 90.3% | 85.5% | 5.9% | 75.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.2M | $2.1M | $4.4M | $5.3M | $5.7M | $4.7M | $4.7M | $9.8M | $4.3M | $2.6M | $5.9M | $3.2M |
| Cash & equivalents | $2.2M | $2.1M | $4.4M | $5.3M | $5.7M | $4.7M | $4.7M | $9.8M | $4.3M | $2.6M | $5.9M | $3.2M |
| Short-term investments | — | — | — | $6.4M | — | — | $4.9M | — | $13.0M | — | $13.2M | — |
| Receivables | $47.5M | $48.2M | $44.4M | $44.7M | $46.5M | $42.1M | $36.6M | $35.8M | $39.0M | $31.7M | $31.2M | $31.0M |
| Inventory | $382.4M | $219.6M | $205.4M | $255.5M | $257.5M | $265.6M | $224.8M | $263.7M | $221.4M | $203.7M | $177.8M | $200.8M |
| Other current assets | $0 | $12.1M | $14.8M | $17.6M | $16.7M | $16.9M | $17.9M | $30.4M | $31.2M | $50.4M | $49.9M | $51.1M |
| Total current assets | $296.4M | $282.0M | $269.0M | $323.0M | $326.5M | $329.3M | $284.0M | $339.7M | $295.8M | $288.4M | $264.8M | $286.1M |
| Property, plant & equipment (net) | $192.1M | $60.9M | $164.5M | $158.8M | $139.1M | $138.8M | $137.3M | $97.7M | $90.2M | $80.0M | $55.2M | $83.6M |
| Goodwill & intangible assets | $37.1M | $37.7M | $38.2M | $38.8M | $39.3M | $39.8M | $40.4M | $40.8M | $41.3M | $41.3M | $41.8M | $42.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $161.5M | $287.5M | $168.8M | $125.8M | $141.8M | $138.1M | $143.0M | $123.2M | $171.3M | $162.0M | $192.1M | $141.8M |
| Total assets | $687.1M | $668.1M | $640.5M | $646.3M | $646.7M | $646.1M | $604.7M | $601.5M | $598.7M | $571.7M | $553.9M | $553.9M |
| Liabilities | ||||||||||||
| Accounts payable | $44.7M | $31.3M | $29.6M | $31.1M | $35.0M | $27.5M | $34.2M | $34.9M | $29.4M | $26.3M | $29.9M | $39.0M |
| Short-term debt | $151.0M | $5.1M | $5.3M | $5.3M | $5.4M | $5.3M | $5.0M | $4.3M | $4.3M | $5.4M | $5.9M | $5.2M |
| Deferred revenue | $817,000 | $29.3M | $1.3M | $1.4M | $5.3M | $29.5M | $3.5M | $1.8M | $2.9M | $2.8M | $1.5M | $8.8M |
| Total current liabilities | $90.7M | $75.3M | $72.4M | $73.2M | $84.4M | $72.6M | $75.0M | $47.1M | $43.0M | $40.2M | $45.7M | $56.9M |
| Long-term debt | $146.9M | $138.8M | $111.3M | $125.3M | $115.4M | $134.1M | $40.4M | $78.9M | $81.5M | $55.5M | $36.3M | $16.5M |
| Lease obligations | $29.9M | $31.3M | $32.5M | $31.3M | $32.7M | $33.8M | $34.9M | $26.4M | $27.6M | $27.8M | $29.0M | $29.8M |
| Other long-term liabilities | $30.8M | $31.1M | $32.3M | $30.6M | $31.0M | $32.9M | $33.7M | $23.9M | $24.4M | $24.0M | $26.9M | $29.2M |
| Total liabilities | $268.4M | $245.3M | $216.0M | $229.2M | $230.8M | $239.6M | $149.1M | $149.9M | $148.9M | $119.7M | $108.9M | $102.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 |
| Retained earnings (deficit) | $138.7M | $144.2M | $147.7M | $142.3M | $142.4M | $133.8M | $139.1M | $136.4M | $135.9M | $139.5M | $133.3M | $136.0M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | — | $0 | — |
| Total shareholders' equity | $418.7M | $422.8M | $424.4M | $417.1M | $415.9M | $406.5M | $455.6M | $451.5M | $449.8M | $452.0M | $445.0M | $451.3M |
| Key figures | ||||||||||||
| Total debt | $177.9M | $171.1M | $144.8M | $157.6M | $148.9M | $168.8M | $76.0M | $105.4M | $109.1M | $84.3M | $37.5M | $47.0M |
| Net cash (debt) | −$175.7M | −$169.0M | −$140.5M | −$152.4M | −$143.2M | −$164.1M | −$71.3M | −$95.7M | −$104.8M | −$81.7M | −$31.7M | −$43.8M |
| Working capital | $205.7M | $206.7M | $196.6M | $249.7M | $242.1M | $256.7M | $209.1M | $292.6M | $252.8M | $248.1M | $219.1M | $229.2M |
| Tangible book value | $381.5M | $385.1M | $386.2M | $378.3M | $376.6M | $366.6M | $415.2M | $410.7M | $408.5M | $410.7M | $403.2M | $408.9M |
| Book value per share | $8.84 | $8.95 | $8.89 | $8.84 | $8.87 | $7.77 | $8.52 | $8.46 | $8.48 | $8.49 | $8.63 | $8.79 |
| Shares outstanding | 47.3M | 47.2M | 47.8M | 47.2M | 46.9M | 52.3M | 53.5M | 53.4M | 53.0M | 53.2M | 51.5M | 51.3M |
| Current ratio | 3.27 | 3.74 | 3.71 | 4.41 | 3.87 | 4.54 | 3.79 | 7.21 | 6.88 | 7.17 | 5.79 | 5.03 |
| Quick ratio | 0.55 | 0.67 | 0.67 | 0.68 | 0.62 | 0.64 | 0.55 | 0.97 | 1.01 | 0.85 | 0.81 | 0.60 |
| Debt / equity | 0.42 | 0.40 | 0.34 | 0.38 | 0.36 | 0.42 | 0.17 | 0.23 | 0.24 | 0.19 | 0.08 | 0.10 |
| Equity / assets | 60.9% | 63.3% | 66.3% | 64.5% | 64.3% | 62.9% | 75.3% | 75.1% | 75.1% | 79.1% | 80.3% | 81.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 10, 2026); data from EODHD.
ASLE financial position
At the end of fiscal 2025 (December 31, 2025), AerSale had total assets of $640.5 million (up 5.9% from a year earlier), total liabilities of $216.0 million and shareholders' equity of $424.4 million. It held $4.4 million in cash and short-term investments against $144.8 million of debt, net debt of $140.5 million. Its current ratio was 3.71. In the latest quarter (ended June 30, 2026) total assets were $687.1 million and equity $418.7 million.
Related: ASLE income statement, ASLE cash flow statement, ASLE key metrics. See the ASLE stock overview for the latest quote and news.
ASLE balance sheet FAQ
What are AerSale's total assets?
AerSale reported total assets of $640.5 million at the end of fiscal 2025 (December 31, 2025), compared with $604.7 million a year earlier.
How much debt does AerSale have?
AerSale had $144.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.34.
How much cash does AerSale have?
AerSale held $4.4 million in cash and short-term investments at the end of fiscal 2025; with $144.8 million of debt that is net debt of $140.5 million.
What is AerSale's book value?
AerSale's shareholders' equity (book value) was $424.4 million at the end of fiscal 2025, or $8.89 per share.
What is AerSale's current ratio?
AerSale had current assets of $269.0 million and current liabilities of $72.4 million, a current ratio of 3.71 (it can cover its short-term obligations).
How much goodwill does AerSale have?
AerSale carried $38.2 million of goodwill and intangible assets, 6.0% of total assets, at the end of fiscal 2025.