AAR Balance Sheet Health
Financial Health criteria checks 2/6
AAR has a total shareholder equity of $1.2B and total debt of $986.7M, which brings its debt-to-equity ratio to 83.5%. Its total assets and total liabilities are $2.8B and $1.7B respectively. AAR's EBIT is $123.2M making its interest coverage ratio 1.8. It has cash and short-term investments of $61.7M.
Key information
83.5%
Debt to equity ratio
US$986.70m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$61.70m |
| Equity | US$1.18b |
| Total liabilities | US$1.67b |
| Total assets | US$2.85b |
Recent financial health updates
Does AAR (NYSE:AIR) Have A Healthy Balance Sheet?
Feb 02
We Think AAR (NYSE:AIR) Is Taking Some Risk With Its Debt
Nov 01Does AAR (NYSE:AIR) Have A Healthy Balance Sheet?
Jun 19We Think AAR (NYSE:AIR) Can Stay On Top Of Its Debt
Dec 28Here's Why AAR (NYSE:AIR) Can Manage Its Debt Responsibly
Aug 23These 4 Measures Indicate That AAR (NYSE:AIR) Is Using Debt Reasonably Well
May 19Recent updates
Does AAR (NYSE:AIR) Have A Healthy Balance Sheet?
Feb 02AAR Corp.'s (NYSE:AIR) Intrinsic Value Is Potentially 99% Above Its Share Price
Dec 25AAR: MRO Play Suffering Some Turbulence
Dec 16Getting In Cheap On AAR Corp. (NYSE:AIR) Might Be Difficult
Dec 09We Think AAR (NYSE:AIR) Is Taking Some Risk With Its Debt
Nov 01AAR Corp.: Why I Believe This Aerospace Stock Can Fly Higher
Sep 29We Think Some Shareholders May Hesitate To Increase AAR Corp.'s (NYSE:AIR) CEO Compensation
Sep 10AAR Corp. (NYSE:AIR) Not Lagging Market On Growth Or Pricing
Sep 05Should You Think About Buying AAR Corp. (NYSE:AIR) Now?
Aug 18AAR Corp.: Record Quarter Boosted By New Parts Distribution And Triumph Acquisition
Jul 24Does AAR (NYSE:AIR) Have A Healthy Balance Sheet?
Jun 19AAR Corp.: Aircraft Delivery Constraints Increasing Aftermarket Demand
May 29AAR Corp.'s (NYSE:AIR) Price In Tune With Earnings
May 08Some May Be Optimistic About AAR's (NYSE:AIR) Earnings
Mar 28Why AAR Corp. (NYSE:AIR) Could Be Worth Watching
Mar 23AAR Corp. Stock Remains A Buy After Share Price Tumbles
Mar 22Shareholders Should Be Pleased With AAR Corp.'s (NYSE:AIR) Price
Jan 31We Think AAR (NYSE:AIR) Can Stay On Top Of Its Debt
Dec 28AAR: Making A 'High' Deal For Triumph Product Support
Dec 25Is It Time To Consider Buying AAR Corp. (NYSE:AIR)?
Dec 13AAR Corp. Stock: Not Undervalued But Has Space To Fly Higher
Nov 29AAR (NYSE:AIR) Has Some Way To Go To Become A Multi-Bagger
Nov 02AAR Corp.: Flying High Again
Sep 19We Think Shareholders Are Less Likely To Approve A Large Pay Rise For AAR Corp.'s (NYSE:AIR) CEO For Now
Sep 14At US$58.81, Is It Time To Put AAR Corp. (NYSE:AIR) On Your Watch List?
Sep 07Here's Why AAR (NYSE:AIR) Can Manage Its Debt Responsibly
Aug 23Is There An Opportunity With AAR Corp.'s (NYSE:AIR) 50% Undervaluation?
Jul 31Is Now The Time To Put AAR (NYSE:AIR) On Your Watchlist?
Jul 19AAR Corp.: Supply Chain Optimization Creating Operational Efficiencies
Jul 03These 4 Measures Indicate That AAR (NYSE:AIR) Is Using Debt Reasonably Well
May 19At US$52.78, Is AAR Corp. (NYSE:AIR) Worth Looking At Closely?
Apr 29If EPS Growth Is Important To You, AAR (NYSE:AIR) Presents An Opportunity
Apr 14AAR (NYSE:AIR) Is Experiencing Growth In Returns On Capital
Mar 22Is There An Opportunity With AAR Corp.'s (NYSE:AIR) 28% Undervaluation?
Mar 04Is AAR (NYSE:AIR) Using Too Much Debt?
Feb 15AAR Corp.: Solid Q2 FY23 Results And Attractive Valuation
Jan 05AAR Q2 2023 Earnings Preview
Dec 19Is It Too Late To Consider Buying AAR Corp. (NYSE:AIR)?
Dec 19AAR (NYSE:AIR) Shareholders Will Want The ROCE Trajectory To Continue
Nov 17Financial Position Analysis
Short Term Liabilities: AIR's short term assets ($1.5B) exceed its short term liabilities ($558.3M).
Long Term Liabilities: AIR's short term assets ($1.5B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: AIR's net debt to equity ratio (78.3%) is considered high.
Reducing Debt: AIR's debt to equity ratio has increased from 21.3% to 83.5% over the past 5 years.
Debt Coverage: AIR's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: AIR's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 15:05 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/05/31 |
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.
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.
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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 Github.
Analyst Sources
AAR Corp. is covered by 19 analysts. 6 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 |
|---|---|
| Joshua Sullivan | Benchmark Company |
| Kenneth Herbert | Canaccord Genuity |
| Michael Callahan | Capstone Investments |