✘ NOT COMPLIANT
—X—
Corporate Financial Services | USA
Business: PASS
AeroCentury Corp has cleared the Business screen. Its business activity is compliant with the Shariah standard. If you find this result mistaken or questionable, let us know in the comments.
Financials: FAIL
The financials fail all the three standards we check against.
FTSE
| Debt/A | 109.05% | ✘ |
| Cash/A | 2.95% | ✔ |
| (AR+C)/A | 2.95% | ✔ |
AAOIFI
| Debt/MC | 94.3% | ✘ |
| Cash/MC | % |
DJIM
| Debt/24MC | 229.1% | ✘ |
| Cash/24MC | 6.2% | ✔ |
| AR/24MC | % |
Total Analysts: 0
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
| Market cap | 107991029 |
| Assets | 93377800 |
| Dividends per Share | |
| Revenue Growth | -63.1 |
AeroCentury Corp., is engaged in business of investing in used regional aircraft equipment and leasing the equipment to foreign and domestic regional air carriers. The Company’s aircraft portfolio consists of : six aircraft held for lease, seven aircraft held for sale and two aircraft being sold in parts. The Company operates in one business segment, the leasing of regional aircraft to foreign and domestic regional airlines. The business of the Company is managed by JetFleet Management Corp. (JMC), an integrated aircraft management, marketing and financing business. JMC is a subsidiary of JetFleet Holding Corp (JHC). The Company owns regional aircraft and engines, which are leased to customers under triple net leases with terms that are less than the useful life of the assets. Its aircraft and aircraft engines that were on lease or held for lease includes turboprop aircraft, regional jet aircraft and engines.
| ✘ FTSE | ✘ AAOIFI | ✘ DJIM |
✘ NOT COMPLIANT
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