AeroVironment (AeroVironment) Interest Expense

: $-6.7 Mil (TTM As of Jan. 2024)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AeroVironment's interest expense for the three months ended in Jan. 2024 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-6.7 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. AeroVironment's Operating Income for the three months ended in Jan. 2024 was $ 14.3 Mil. AeroVironment's Interest Expense for the three months ended in Jan. 2024 was $ -0.1 Mil. AeroVironment's Interest Coverage for the quarter that ended in Jan. 2024 was 125.74. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AeroVironment Interest Expense Historical Data

The historical data trend for AeroVironment's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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AeroVironment Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

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-0.62

-5.44

-9.37

AeroVironment Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-2.81	-2.65	-2.01	-1.95	-0.11

AeroVironment Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.7 Mil.

AeroVironment (NAS:AVAV) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AeroVironment's Interest Expense for the three months ended in Jan. 2024 was $-0.1 Mil. Its Operating Income for the three months ended in Jan. 2024 was $14.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $53.3 Mil.

AeroVironment's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	14.334	/	-0.114
	=	125.74

The higher the ratio, the stronger the company's financial strength is.

AeroVironment (AeroVironment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AeroVironment Inc (NAS:AVAV) » Definitions » Interest Expense

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Address

241 18th Street South, Suite 415, Arlington, VA, USA, 22202

Website

https://www.avinc.com

AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide "eyes in the sky" without needing an actual person, or driver, in the sky.

Executives

Mary Beth Long	director	309 FRANKLIN STREET, ALEXANDRIA VA 22314
Brian Charles Shackley	officer: Chief Accounting Officer	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Cindy Kay Lewis	director	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Trace E Stevenson	officer: Sr. VP	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Brett P Hush	officer: Sr. VP	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Jeff E Rodrian	officer: Sr. VP	900 INNOVATORS WAY, SIMI VALLEY CA 93063
Phillip S Davidson	director	825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Kevin Patrick Mcdonnell	officer: Chief Financial Officer	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Stephen F Page	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Edward R Muller	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles Thomas Burbage	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles R Holland	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Melissa Ann Brown	officer: VP, Gen. Counsel, Corp. Sec.	800 ROYAL OAKS DRIVE, SUITE 210, MONROVIA CA 91016
Alison Marie Roelke	officer: VP People & Culture	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Timothy E Conver	director, 10 percent owner, officer: President and CEO	900 INNOVATORS WAY, SIMI VALLEY CA 93065