Willis Lease Finance (Willis Lease Finance) Cash, Cash Equivalents, Marketable Securities : $7.6 Mil (As of Mar. 2024)

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What is Willis Lease Finance Cash, Cash Equivalents, Marketable Securities?

Willis Lease Finance's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($5.37 Mil) to Dec. 2023 ($7.07 Mil) and increased from Dec. 2023 ($7.07 Mil) to Mar. 2024 ($7.62 Mil).

Willis Lease Finance's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($14.33 Mil) to Dec. 2022 ($12.15 Mil) and declined from Dec. 2022 ($12.15 Mil) to Dec. 2023 ($7.07 Mil).

Willis Lease Finance Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Willis Lease Finance's Cash, Cash Equivalents, Marketable Securities 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.

Willis Lease Finance Cash, Cash Equivalents, Marketable Securities Chart

Willis Lease Finance Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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6.72

42.54

14.33

12.15

7.07

Willis Lease Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															9.82	5.92	5.37	7.07	7.62

Willis Lease Finance Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Willis Lease Finance (NAS:WLFC) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Willis Lease Finance Cash, Cash Equivalents, Marketable Securities Related Terms

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Willis Lease Finance (Willis Lease Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Willis Lease Finance Corp (NAS:WLFC) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

4700 Lyons Technology Parkway, Coconut Creek, FL, USA, 33073

Website

https://www.willislease.com

Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components.

Executives

Willis Charles F Iv	director, 10 percent owner, officer: Executive Chairman	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Scott B. Flaherty	officer: SVP, CFO	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Brian Richard Hole	officer: President	4700 LYONS TECHNOLOGY, SUITE 2215, COCONUT CREEK FL 33073
Hans Jorg Hunziker	director	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Austin Chandler Willis	director	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Rae Ann Mckeating	director	PO BOX 593, MCCALL ID 83638
Robert J. Keady	director	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Robert T Morris	director	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Dean Michael Poulakidas	officer: SVP, Gen. Counsel, Secretary	4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Anthony R. Spaulding	officer: SVP, Technical Services	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Donald A Nunemaker	officer: EVP, General Mgr. Leasing	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Bradley Stewart Forsyth	officer: SVP, CFO	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Ernest J. Furtado	officer: Interim CFO	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Coon W William Jr	director	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Judith M Webber	officer: SVP, Technical Services	773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998