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
Is AeroVironment (NASDAQ:AVAV) Using Too Much Debt?
Mar 03We Think AeroVironment (NASDAQ:AVAV) Can Stay On Top Of Its Debt
Nov 30Is AeroVironment (NASDAQ:AVAV) A Risky Investment?
Sep 01These 4 Measures Indicate That AeroVironment (NASDAQ:AVAV) Is Using Debt Reasonably Well
May 19Does AeroVironment (NASDAQ:AVAV) Have A Healthy Balance Sheet?
Feb 09Would AeroVironment (NASDAQ:AVAV) Be Better Off With Less Debt?
Aug 30Recent updates
AeroVironment: Here's Why I'm Downgrading To Hold
Mar 05Is AeroVironment (NASDAQ:AVAV) Using Too Much Debt?
Mar 03AeroVironment: Increasing Dominance In A Fast-Growth Industry
Jan 30AeroVironment, Inc.'s (NASDAQ:AVAV) Popularity With Investors Is Clear
Jan 02We Think AeroVironment (NASDAQ:AVAV) Can Stay On Top Of Its Debt
Nov 30Is AeroVironment (NASDAQ:AVAV) A Risky Investment?
Sep 01Bullish: Analysts Just Made A Huge Upgrade To Their AeroVironment, Inc. (NASDAQ:AVAV) Forecasts
Jun 29These 4 Measures Indicate That AeroVironment (NASDAQ:AVAV) Is Using Debt Reasonably Well
May 19Estimating The Fair Value Of AeroVironment, Inc. (NASDAQ:AVAV)
Apr 05Does AeroVironment (NASDAQ:AVAV) Have A Healthy Balance Sheet?
Feb 09AeroVironment secures $20.86M in Puma 3 AE unmanned aircraft systems FMS awards
Sep 20AeroVironment Q1 2023 Earnings Preview
Sep 06Would AeroVironment (NASDAQ:AVAV) Be Better Off With Less Debt?
Aug 30AeroVironment buys unmanned aircraft navigation solutions company Planck Aerosystems
Aug 17AeroVironment Stock: Should You Buy Or Sell? Considerations To Make
Jun 02Is AeroVironment (NASDAQ:AVAV) A Risky Investment?
May 29AeroVironment, Inc.'s (NASDAQ:AVAV) Intrinsic Value Is Potentially 69% Above Its Share Price
Apr 06AeroVironment Is Back On Track
Mar 18Is AeroVironment (NASDAQ:AVAV) A Risky Investment?
Feb 10AeroVironment Decreased Its Sales Guidance, But I Will Buy
Dec 09Revenue Downgrade: Here's What Analysts Forecast For AeroVironment, Inc. (NASDAQ:AVAV)
Dec 09AeroVironment (NASDAQ:AVAV) Seems To Use Debt Quite Sensibly
Nov 03Here's Why AeroVironment, Inc.'s (NASDAQ:AVAV) CEO May Not Expect A Pay Rise This Year
Sep 18AeroVironment: A Drone Bet Beyond Defense
Sep 10Financial Position Analysis
Short Term Liabilities: AVAV's short term assets ($500.7M) exceed its short term liabilities ($107.5M).
Long Term Liabilities: AVAV's short term assets ($500.7M) exceed its long term liabilities ($59.8M).
Debt to Equity History and Analysis
Debt Level: AVAV has more cash than its total debt.
Reducing Debt: AVAV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AVAV's debt is well covered by operating cash flow (76.2%).
Interest Coverage: AVAV's interest payments on its debt are well covered by EBIT (16.6x coverage).