AAR Balance Sheet Health
Financial Health criteria checks 5/6
AAR has a total shareholder equity of $1.2B and total debt of $274.7M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are $2.0B and $853.8M respectively. AAR's EBIT is $159.1M making its interest coverage ratio 5.9. It has cash and short-term investments of $69.2M.
Key information
23.5%
Debt to equity ratio
US$274.70m
Debt
Interest coverage ratio | 5.9x |
Cash | US$69.20m |
Equity | US$1.17b |
Total liabilities | US$853.80m |
Total assets | US$2.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARZ's short term assets ($1.2B) exceed its short term liabilities ($428.2M).
Long Term Liabilities: ARZ's short term assets ($1.2B) exceed its long term liabilities ($425.6M).
Debt to Equity History and Analysis
Debt Level: ARZ's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: ARZ's debt to equity ratio has increased from 19.7% to 23.5% over the past 5 years.
Debt Coverage: ARZ's debt is well covered by operating cash flow (23.4%).
Interest Coverage: ARZ's interest payments on its debt are well covered by EBIT (5.9x coverage).