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 ratio16.6x
CashUS$107.69m
EquityUS$812.99m
Total liabilitiesUS$167.31m
Total assetsUS$980.30m

Recent financial health updates

Recent updates

AeroVironment: Here's Why I'm Downgrading To Hold

Mar 05

Is AeroVironment (NASDAQ:AVAV) Using Too Much Debt?

Mar 03
Is AeroVironment (NASDAQ:AVAV) Using Too Much Debt?

AeroVironment: Increasing Dominance In A Fast-Growth Industry

Jan 30

AeroVironment, Inc.'s (NASDAQ:AVAV) Popularity With Investors Is Clear

Jan 02
AeroVironment, Inc.'s (NASDAQ:AVAV) Popularity With Investors Is Clear

We Think AeroVironment (NASDAQ:AVAV) Can Stay On Top Of Its Debt

Nov 30
We Think AeroVironment (NASDAQ:AVAV) Can Stay On Top Of Its Debt

Is AeroVironment (NASDAQ:AVAV) A Risky Investment?

Sep 01
Is AeroVironment (NASDAQ:AVAV) A Risky Investment?

Bullish: Analysts Just Made A Huge Upgrade To Their AeroVironment, Inc. (NASDAQ:AVAV) Forecasts

Jun 29
Bullish: Analysts Just Made A Huge Upgrade To Their AeroVironment, Inc. (NASDAQ:AVAV) Forecasts

These 4 Measures Indicate That AeroVironment (NASDAQ:AVAV) Is Using Debt Reasonably Well

May 19
These 4 Measures Indicate That AeroVironment (NASDAQ:AVAV) Is Using Debt Reasonably Well

Estimating The Fair Value Of AeroVironment, Inc. (NASDAQ:AVAV)

Apr 05
Estimating The Fair Value Of AeroVironment, Inc. (NASDAQ:AVAV)

Does AeroVironment (NASDAQ:AVAV) Have A Healthy Balance Sheet?

Feb 09
Does AeroVironment (NASDAQ:AVAV) Have A Healthy Balance Sheet?

AeroVironment secures $20.86M in Puma 3 AE unmanned aircraft systems FMS awards

Sep 20

AeroVironment Q1 2023 Earnings Preview

Sep 06

Would AeroVironment (NASDAQ:AVAV) Be Better Off With Less Debt?

Aug 30
Would AeroVironment (NASDAQ:AVAV) Be Better Off With Less Debt?

AeroVironment buys unmanned aircraft navigation solutions company Planck Aerosystems

Aug 17

AeroVironment Stock: Should You Buy Or Sell? Considerations To Make

Jun 02

Is AeroVironment (NASDAQ:AVAV) A Risky Investment?

May 29
Is AeroVironment (NASDAQ:AVAV) A Risky Investment?

AeroVironment, Inc.'s (NASDAQ:AVAV) Intrinsic Value Is Potentially 69% Above Its Share Price

Apr 06
AeroVironment, Inc.'s (NASDAQ:AVAV) Intrinsic Value Is Potentially 69% Above Its Share Price

AeroVironment Is Back On Track

Mar 18

Is AeroVironment (NASDAQ:AVAV) A Risky Investment?

Feb 10
Is AeroVironment (NASDAQ:AVAV) A Risky Investment?

AeroVironment Decreased Its Sales Guidance, But I Will Buy

Dec 09

Revenue Downgrade: Here's What Analysts Forecast For AeroVironment, Inc. (NASDAQ:AVAV)

Dec 09
Revenue Downgrade: Here's What Analysts Forecast For AeroVironment, Inc. (NASDAQ:AVAV)

AeroVironment (NASDAQ:AVAV) Seems To Use Debt Quite Sensibly

Nov 03
AeroVironment (NASDAQ:AVAV) Seems To Use Debt Quite Sensibly

Here's Why AeroVironment, Inc.'s (NASDAQ:AVAV) CEO May Not Expect A Pay Rise This Year

Sep 18
Here's Why AeroVironment, Inc.'s (NASDAQ:AVAV) CEO May Not Expect A Pay Rise This Year

AeroVironment: A Drone Bet Beyond Defense

Sep 10

Financial 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).


Balance Sheet


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