Avnet Balance Sheet Health
Financial Health criteria checks 2/6
Avnet has a total shareholder equity of $4.9B and total debt of $2.9B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are $13.2B and $8.2B respectively. Avnet's EBIT is $626.1M making its interest coverage ratio 2.6. It has cash and short-term investments of $286.5M.
Key information
59.49%
Debt to equity ratio
US$2.94b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$286.55m |
| Equity | US$4.94b |
| Total liabilities | US$8.22b |
| Total assets | US$13.15b |
Recent financial health updates
Recent updates
Earnings Tell The Story For Avnet, Inc. (NASDAQ:AVT) As Its Stock Soars 28%
Jan 30
Avnet: The Cycle Is Turning, But Margins Still Hold The Stock Back
Dec 14Avnet (NASDAQ:AVT) Has Announced That It Will Be Increasing Its Dividend To $0.35
Aug 25Avnet's (NASDAQ:AVT) Returns On Capital Are Heading Higher
Aug 03Avnet (NASDAQ:AVT) Has A Somewhat Strained Balance Sheet
Jul 16Sentiment Still Eluding Avnet, Inc. (NASDAQ:AVT)
Jun 28Investors Can Find Comfort In Avnet's (NASDAQ:AVT) Earnings Quality
May 10Earnings Beat: Avnet, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 03Is Now An Opportune Moment To Examine Avnet, Inc. (NASDAQ:AVT)?
Apr 23We Like These Underlying Return On Capital Trends At Avnet (NASDAQ:AVT)
Apr 05Avnet, Inc.'s (NASDAQ:AVT) Prospects Need A Boost To Lift Shares
Feb 16Avnet: Stock Likely To Remain Rangebound In The Near Term
Feb 04Avnet: Declining Demand And Escalating Competition Pose Challenges Ahead
Nov 07
Decisive Moves And Market Focus Fuel Optimism Despite Challenges
Strategic inventory management and investment in areas of recovering demand are poised to enhance cash flow.Avnet: Requires A Few More Quarters Before Reaching The Trough
Jul 02Avnet: Worsening Financial Performance With No Imminent Signs Of Recovery
Feb 03Financial Position Analysis
Short Term Liabilities: AVT's short term assets ($11.0B) exceed its short term liabilities ($5.3B).
Long Term Liabilities: AVT's short term assets ($11.0B) exceed its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: AVT's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: AVT's debt to equity ratio has increased from 31.2% to 59.5% over the past 5 years.
Debt Coverage: AVT's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: AVT's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/01 22:41 |
| End of Day Share Price | 2026/01/30 00:00 |
| Earnings | 2025/12/27 |
| Annual Earnings | 2025/06/28 |
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.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Avnet, Inc. is covered by 14 analysts. 4 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 |
|---|---|
| Ruplu Bhattacharya | BofA Global Research |
| James Suva | Citigroup Inc |
| Louis Miscioscia | CLSA |