AAON Balance Sheet Health
Financial Health criteria checks 5/6
AAON has a total shareholder equity of $796.9M and total debt of $55.7M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are $1.0B and $233.8M respectively. AAON's EBIT is $252.5M making its interest coverage ratio 97.8. It has cash and short-term investments of $15.0K.
Key information
7.0%
Debt to equity ratio
US$55.68m
Debt
| Interest coverage ratio | 97.8x |
| Cash | US$15.00k |
| Equity | US$796.86m |
| Total liabilities | US$233.77m |
| Total assets | US$1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAO's short term assets ($427.8M) exceed its short term liabilities ($139.8M).
Long Term Liabilities: AAO's short term assets ($427.8M) exceed its long term liabilities ($93.9M).
Debt to Equity History and Analysis
Debt Level: AAO's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: AAO's debt to equity ratio has increased from 0% to 7% over the past 5 years.
Debt Coverage: AAO's debt is well covered by operating cash flow (437.2%).
Interest Coverage: AAO's interest payments on its debt are well covered by EBIT (97.8x coverage).