AeroVironment Inc (AVAV)
Debt-to-capital ratio
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | 31,292 | — | 73,678 | — | 118,537 | — | — | 155,763 | — | 155,622 | — | 175,481 | — | — |
| Total stockholders’ equity | US$ in thousands | 886,507 | 861,055 | 858,397 | 845,538 | 822,745 | 812,985 | 812,985 | 793,730 | 793,730 | 574,545 | 574,545 | 550,970 | 621,513 | 621,513 | 607,483 | 607,483 | 599,923 | 599,923 | 607,969 | 602,428 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.08 | 0.00 | 0.17 | 0.00 | 0.00 | 0.20 | 0.00 | 0.20 | 0.00 | 0.23 | 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 debt-to-capital ratio of AeroVironment Inc. has demonstrated a pattern of minimal and fluctuating levels over the observed period. Initially, at the beginning of 2022, the company reported a debt-to-capital ratio of zero, indicating an absence of leverage at that time. Throughout 2022, small increases were observed, with the ratio reaching 0.23 in July, then reducing to 0.20 by October—suggesting a modest increase in debt relative to total capital during that period. Notably, the ratio reverted to zero at several points within 2022, reflecting periods where the company might have reduced or eliminated debt.
In 2023, the ratio remained predominantly at zero, with sporadic instances where minor debt levels appeared, with the highest recorded ratio being 0.20 in January and 0.17 in July. By October 2023, the debt-to-capital ratio decreased further to 0.08, indicating a continued trend toward lower leverage.
From early 2024 onward, the data consistently shows a debt-to-capital ratio of zero, suggesting that AeroVironment Inc. maintained a debt-free capital structure during this period and projected into the future, based on the available data. Overall, the company's debt-to-capital ratio has been very low, with brief periods of marginal increases, but overall it exhibits a trend of minimal leverage, moving toward zero over time.
Peer comparison
Apr 30, 2025