AeroVironment Balance Sheet Health
Financial Health criteria checks 5/6
AeroVironment has a total shareholder equity of $845.5M and total debt of $16.8M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are $999.2M and $153.6M respectively. AeroVironment's EBIT is $70.4M making its interest coverage ratio 28.7. It has cash and short-term investments of $81.2M.
Key information
2.0%
Debt to equity ratio
US$16.79m
Debt
| Interest coverage ratio | 28.7x |
| Cash | US$81.16m |
| Equity | US$845.54m |
| Total liabilities | US$153.63m |
| Total assets | US$999.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HAL's short term assets ($500.3M) exceed its short term liabilities ($117.4M).
Long Term Liabilities: 0HAL's short term assets ($500.3M) exceed its long term liabilities ($36.3M).
Debt to Equity History and Analysis
Debt Level: 0HAL has more cash than its total debt.
Reducing Debt: 0HAL's debt to equity ratio has increased from 0% to 2% over the past 5 years.
Debt Coverage: 0HAL's debt is well covered by operating cash flow (361.6%).
Interest Coverage: 0HAL's interest payments on its debt are well covered by EBIT (28.7x coverage).