Astronics Balance Sheet Health
Financial Health criteria checks 2/6
Astronics has a total shareholder equity of $249.2M and total debt of $179.0M, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are $651.6M and $402.4M respectively. Astronics's EBIT is $22.4M making its interest coverage ratio 0.9. It has cash and short-term investments of $5.2M.
Key information
71.8%
Debt to equity ratio
US$178.97m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$5.18m |
| Equity | US$249.20m |
| Total liabilities | US$402.39m |
| Total assets | US$651.60m |
Recent financial health updates
Is Astronics (NASDAQ:ATRO) A Risky Investment?
Nov 13
We Think Astronics (NASDAQ:ATRO) Has A Fair Chunk Of Debt
Jul 19Is Astronics (NASDAQ:ATRO) A Risky Investment?
Aug 26Astronics (NASDAQ:ATRO) Is Carrying A Fair Bit Of Debt
Apr 06Would Astronics (NASDAQ:ATRO) Be Better Off With Less Debt?
Dec 23Astronics (NASDAQ:ATRO) Takes On Some Risk With Its Use Of Debt
Feb 04Recent updates
Why Investors Shouldn't Be Surprised By Astronics Corporation's (NASDAQ:ATRO) Low P/S
Dec 02Astronics Stock Plunges On Convertible Note Offering: But Why?
Nov 26Is Astronics (NASDAQ:ATRO) A Risky Investment?
Nov 13Astronics: Improving, Gradually However
Aug 18Investors Holding Back On Astronics Corporation (NASDAQ:ATRO)
Jul 17Astronics Q1 Review: Stock Is A Strong Buy
May 14Astronics Corporation's (NASDAQ:ATRO) CEO Compensation Is Looking A Bit Stretched At The Moment
May 02Astronics: A Buy On Margin And Volume Growth In Aerospace
Feb 29We Think Astronics (NASDAQ:ATRO) Has A Fair Chunk Of Debt
Jul 19Astronics: Flying Low
Sep 14Is Astronics (NASDAQ:ATRO) A Risky Investment?
Aug 26Astronics' radio test set selected by U.S. Army
Aug 24Astronics reports mixed Q2 earnings; narrows FY22 guidance
Aug 10What Is Astronics Corporation's (NASDAQ:ATRO) Share Price Doing?
Jun 09Astronics Corporation (NASDAQ:ATRO) Shares Could Be 31% Below Their Intrinsic Value Estimate
May 09Astronics (NASDAQ:ATRO) Is Carrying A Fair Bit Of Debt
Apr 06Would Astronics (NASDAQ:ATRO) Be Better Off With Less Debt?
Dec 23Is Astronics Corporation (NASDAQ:ATRO) Potentially Undervalued?
Nov 27Astronics - An Aerospace Recovery Trade
Jul 13Should Shareholders Reconsider Astronics Corporation's (NASDAQ:ATRO) CEO Compensation Package?
May 19How Many Astronics Corporation (NASDAQ:ATRO) Shares Did Insiders Buy, In The Last Year?
Mar 02Astronics (NASDAQ:ATRO) Takes On Some Risk With Its Use Of Debt
Feb 04Astronics - Heavy Turbulence
Jan 31Can Astronics (NASDAQ:ATRO) Turn Things Around?
Jan 18
Astronics'(NASDAQ:ATRO) Share Price Is Down 63% Over The Past Three Years.
Dec 31What Type Of Shareholders Own The Most Number of Astronics Corporation (NASDAQ:ATRO) Shares?
Dec 13Is Astronics Corporation (NASDAQ:ATRO) Trading At A 40% Discount?
Nov 25Financial Position Analysis
Short Term Liabilities: ATRO's short term assets ($424.2M) exceed its short term liabilities ($150.0M).
Long Term Liabilities: ATRO's short term assets ($424.2M) exceed its long term liabilities ($252.4M).
Debt to Equity History and Analysis
Debt Level: ATRO's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: ATRO's debt to equity ratio has increased from 42.3% to 71.8% over the past 5 years.
Debt Coverage: ATRO's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: ATRO's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Astronics Corporation is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Ciarmoli | Boenning & Scattergood, Inc. |
| Kenneth Herbert | Canaccord Genuity |
| Michael Callahan | Capstone Investments |