AeroVironment Inc (AVAV)
Debt-to-assets ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,120,570 | 1,015,860 | 824,577 | 914,200 | 928,566 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,120,570K
= 0.00
The data indicates that AeroVironment Inc's debt-to-assets ratio has consistently been reported at 0.00 across all examined periods—from April 30, 2021, through April 30, 2025. This stability suggests the company has maintained a financial structure devoid of long-term and short-term debt obligations during this timeframe. Consequently, the company's total assets are financed entirely through equity or other non-debt sources, reflecting a conservative leverage profile. The persistent zero value in the debt-to-assets ratio points toward a minimal risk profile related to leverage, as the company does not rely on borrowed funds to finance its assets. This financial positioning can imply strong liquidity, lower financial risk, and a potentially lower cost of capital, although it may also suggest limited growth leverage via debt.
Peer comparison
Apr 30, 2025