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Aviat Networks Current Ratio

: 1.86 (As of Mar. 2022)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Aviat Networks's current ratio for the quarter that ended in Mar. 2022 was 1.86.

Aviat Networks has a current ratio of 1.86. It generally indicates good short-term financial strength.

The historical rank and industry rank for Aviat Networks's Current Ratio or its related term are showing as below:

AVNW' s Current Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.93   Max: 4.26
Current: 1.86

During the past 13 years, Aviat Networks's highest Current Ratio was 4.26. The lowest was 1.39. And the median was 1.93.

AVNW's Current Ratio is ranked worse than
51.98% of 2395 companies
in the Hardware industry
Industry Median: 1.93 vs AVNW: 1.86

Aviat Networks Current Ratio Historical Data

The historical data trend for Aviat Networks's Current Ratio 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.

* Premium members only.

Aviat Networks Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.45 1.43 1.53 1.49 1.77

Aviat Networks Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.75 1.77 1.78 1.82 1.86

Competitive Comparison

For the Communication Equipment subindustry, Aviat Networks's Current Ratio, along with its competitors' market caps and Current Ratio 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.

   

Aviat Networks Current Ratio Distribution

For the Hardware industry and Technology sector, Aviat Networks's Current Ratio distribution charts can be found below:

* The bar in red indicates where Aviat Networks's Current Ratio falls into.



Aviat Networks Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Aviat Networks's Current Ratio for the fiscal year that ended in Jun. 2021

Current Ratio (A: Jun. 2021 )=Total Current Assets (A: Jun. 2021 )/Total Current Liabilities (A: Jun. 2021 )
=170.239/96.369
=1.77

Aviat Networks's Current Ratio for the quarter that ended in Mar. 2022 is calculated as

Current Ratio (Q: Mar. 2022 )=Total Current Assets (Q: Mar. 2022 )/Total Current Liabilities (Q: Mar. 2022 )
=196.606/105.656
=1.86

* 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.


Aviat Networks  (NAS:AVNW) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Aviat Networks Current Ratio Related Terms

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Aviat Networks Business Description

Aviat Networks logo
Traded in Other Exchanges
Address
200 Parker Drive, Suite C100A, Austin, TX, USA, 78728
Aviat Networks Inc is a networking solutions provider. It designs, manufactures and sells wireless networking products, solutions, and services to mobile and fixed operators, private network operators, government agencies, transportation and utility companies, public safety agencies and broadcast network operators around the world. The company's product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software. Primarily the firm's concentrations for most of the Sales and Service resources are in the United States, Western and Southern Africa, the Philippines, and the European Union.
Executives
Taten Bruce M. director 600 TRAVIS, SUITE 5600 HOUSTON TX 77002
Singh Somesh director 1301 S MOPAC EXPRESSWAY SUITE 100 AUSTIN TX 78746
Ingram Bryan director C/O AVAGO TECHNOLOGIES LIMITED 350 WEST TRIMBLE ROAD, BLDG. 90 SAN JOSE CA 95131
Gray David M officer: Sr VP and CFO AVIAT NETWORKS, INC 200 PARKER DRIVE, SUITE C 100A AUSTIN TX 78726
Boase Erin officer: VP Legal Affairs AVIAT NETWORKS, INC. 200 PARKER DRIVE, SUITE C100A AUSTIN TX 78728
Croke Gary officer: VP Marketing and PLM AVIAT NETWORKS, INC. 200 PARKER DRIVE, SUITE C100A AUSTIN TX 78728
Klein Michele director 469 MINOCA ROAD PORTOLA VALLEY CA 94028
Tucker Bryan officer: Sr. VP, Americas Sales and Ser 200 PARKER DRIVE SUITE C100A AUSTIN TX 78728
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P. 590 MADISON AVENUE, 32ND FLOOR NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE 32ND FLOOR NEW YORK NY 10022
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P. 590 MADISON AVENUE, 32ND FLOOR NEW YORK NY 10022
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR NEW YORK NY 10022
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR NEW YORK NY 10022
Loeb Dahlia director 200 PARKER DRIVE SUITE C100A AUSTIN TX 78728
Smith Pete A officer: President & CEO C/O POLYPORE INTERNATIONAL, INC. 11430 N. COMMUNITY HOUSE RD, SUITE 350 CHARLOTTE NC 28277

Aviat Networks Headlines

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