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
Is 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).