AeroVironment Inc (AVAV)
Debt-to-capital ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 886,507 | 822,745 | 550,970 | 607,969 | 612,093 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $886,507K)
= 0.00
The data indicates that AeroVironment Inc has maintained a debt-to-capital ratio of zero from April 30, 2021, through April 30, 2025. This consistent pattern suggests that the company has not utilized long-term or short-term debt financing during this period. Consequently, the firm's capital structure appears to be entirely equity-financed, reflecting a conservative approach to leverage. The absence of debt implies a lower financial risk profile, as the company does not bear interest obligations or debt-related constraints. Overall, this persistent zero debt-to-capital ratio underscores AeroVironment Inc’s reliance on equity capital and indicates minimal or no leverage in its capital structure over the specified timeframe.
Peer comparison
Apr 30, 2025