Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. AeroVironment's cash to debt ratio for the quarter that ended in Jan. 2024 was 1.55.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, AeroVironment could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.
The historical rank and industry rank for AeroVironment's Cash-to-Debt or its related term are showing as below:
AVAV'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 537.57 Max: 31692.43
Current: 1.55
During the past 13 years, AeroVironment's highest Cash to Debt Ratio was 31692.43. The lowest was 0.40. And the median was 537.57.
AeroVironment Cash-to-Debt Historical Data
The historical data trend for AeroVironment's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
|
AeroVironment Annual Data
|
|
Trend |
Apr14 |
Apr15 |
Apr16 |
Apr17 |
Apr18 |
Apr19 |
Apr20 |
Apr21 |
Apr22 |
Apr23 |
| Cash-to-Debt |
Array
(
[0] => -
[1] => -
[2] => -
[3] => -
[4] => -
[5] => No Debt
[6] => 29.63
[7] => 0.81
[8] => 0.47
[9] => 0.82
)
|
|
|
|
|
|
No Debt |
29.63 |
0.81 |
0.47 |
0.82 |
|
AeroVironment Quarterly Data
|
|
Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.40 |
0.82 |
0.68 |
0.91 |
1.55 |
Competitive Comparison
For the Aerospace & Defense subindustry, AeroVironment's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AeroVironment Cash-to-Debt Distribution
For the Aerospace & Defense industry and Industrials sector, AeroVironment's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where AeroVironment's Cash-to-Debt falls into.
AeroVironment Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
AeroVironment's Cash to Debt Ratio for the fiscal year that ended in Apr. 2023 is calculated as:
AeroVironment's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:
* 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.
AeroVironment (AeroVironment) Business Description
Traded in Other Exchanges
Address
241 18th Street South, Suite 415, Arlington, VA, USA, 22202
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 |
AeroVironment (AeroVironment) Headlines
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