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
Is AeroVironment (NASDAQ:AVAV) A Risky Investment?
Nov 11
Does AeroVironment (NASDAQ:AVAV) Have A Healthy Balance Sheet?
Jun 22Is 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 19Recent updates
AeroVironment: BlueHalo Acquisition Is Huge News, But Earnings Contribution Is Unclear
Nov 19Is AeroVironment (NASDAQ:AVAV) A Risky Investment?
Nov 11Investors Still Waiting For A Pull Back In AeroVironment, Inc. (NASDAQ:AVAV)
Oct 02Results: AeroVironment, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Sep 08AeroVironment's Drone Dominance: The Stock That's Changing The Game
Sep 05AeroVironment's $1B Contract Win Boosts Its Outlook (Rating Upgrade)
Aug 28AeroVironment: Flying Under The Radar
Jul 22Impressive Earnings May Not Tell The Whole Story For AeroVironment (NASDAQ:AVAV)
Jul 04AeroVironment FY2024 Earnings: Switching Gears On Switchblade Demand
Jun 27Does AeroVironment (NASDAQ:AVAV) Have A Healthy Balance Sheet?
Jun 22Up 60%, I Believe AeroVironment Has More Room To Rise
May 12What You Can Learn From AeroVironment, Inc.'s (NASDAQ:AVAV) P/S
Apr 19AeroVironment: 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 17Financial Position Analysis
Short Term Liabilities: AVAV's short term assets ($500.3M) exceed its short term liabilities ($117.4M).
Long Term Liabilities: AVAV's short term assets ($500.3M) exceed its long term liabilities ($36.3M).
Debt to Equity History and Analysis
Debt Level: AVAV has more cash than its total debt.
Reducing Debt: AVAV's debt to equity ratio has increased from 0% to 2% over the past 5 years.
Debt Coverage: AVAV's debt is well covered by operating cash flow (361.6%).
Interest Coverage: AVAV's interest payments on its debt are well covered by EBIT (28.7x coverage).