AeroVironment Balance Sheet Health
Financial Health criteria checks 6/6
AeroVironment has a total shareholder equity of $813.0M and total debt of $38.8M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are $980.3M and $167.3M respectively. AeroVironment's EBIT is $103.5M making its interest coverage ratio 16.6. It has cash and short-term investments of $107.7M.
Key information
4.8%
Debt to equity ratio
US$38.79m
Debt
Interest coverage ratio | 16.6x |
Cash | US$107.69m |
Equity | US$812.99m |
Total liabilities | US$167.31m |
Total assets | US$980.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JPX's short term assets ($500.7M) exceed its short term liabilities ($107.5M).
Long Term Liabilities: JPX's short term assets ($500.7M) exceed its long term liabilities ($59.8M).
Debt to Equity History and Analysis
Debt Level: JPX has more cash than its total debt.
Reducing Debt: JPX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: JPX's debt is well covered by operating cash flow (76.2%).
Interest Coverage: JPX's interest payments on its debt are well covered by EBIT (16.6x coverage).