AIRO Group (AIRO Group) Debt-to-Asset : 0.12 (As of Jun. 2023)

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What is AIRO Group Debt-to-Asset?

AIRO Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $29.42 Mil. AIRO Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.80 Mil. AIRO Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was $246.80 Mil. AIRO Group's debt to asset for the quarter that ended in Jun. 2023 was 0.12.

AIRO Group Debt-to-Asset Historical Data

The historical data trend for AIRO Group's Debt-to-Asset 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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AIRO Group Debt-to-Asset Chart

AIRO Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

2.76

3.41

0.04

AIRO Group Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial					0.12	0.04	0.13	0.12	0.04

Competitive Comparison of AIRO Group's Debt-to-Asset

For the Aerospace & Defense subindustry, AIRO Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

AIRO Group's Debt-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AIRO Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where AIRO Group's Debt-to-Asset falls into.

AIRO Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

AIRO Group's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(30.457	+	0.509)	/	737.523
	=	0.04

AIRO Group's Debt-to-Asset for the quarter that ended in Jun. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(29.417	+	0.797)	/	246.803
	=	0.12

AIRO Group (NAS:AIRO) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

AIRO Group Debt-to-Asset Related Terms

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AIRO Group (AIRO Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AIRO Group Inc (NAS:AIRO) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5001 Indian School Road NE, Suite 100, Albuquerque, NM, USA, 87110

Website

https://www.theairogroup.com

AIRO Group Holdings Inc is a multi-faceted air mobility, autonomy & aerospace platform with differentiated technologies and capabilities dynamically addressing high-growth market trends across the entire Drone Ecosystem with a compelling range of drone technologies & services, avionics and defense training. AIRO provides a diversified product portfolio, ranging from established and mature product offerings to innovative drone and eVTOL solutions, with a balanced customer mix, both military and civil. Its wholly-owned subsidiaries are organized across four complimentary strategic divisions, each with a diverse set of partners and customers and each representing a large and fast-growing market segment: Advanced Avionics; Training; Uncrewed Air Systems; and Electric Air Mobility.

AIRO Group (AIRO Group) Headlines

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