Astronics Financial Statements From 2010 to 2022

ATRO -  USA Stock  

USD 10.76  0.21  1.91%

Astronics financial statements provide useful quarterly and yearly information to potential Astronics Cp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Astronics financial statements helps investors assess Astronics' valuation, profitability, and current liquidity needs.
We have found one hundred eight available fundamental signals for Astronics Cp, which can be analyzed and compared to other ratios and to its rivals. We recommend to validate Astronics' prevailing fundamental drivers against the all of the trends between 2010 and 2022.
Astronics Invested Capital is quite stable at the moment as compared to the past year. The company's current value of Invested Capital is estimated at 505.43 Million. Invested Capital Average is expected to rise to about 511.5 M this year, although the value of Net Income Per Employee will most likely fall to (61.9 K).
  
Refresh
Check Astronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Astronics main balance sheet or income statement drivers, such as Direct Expenses of 359.4 M, Cost of Revenue of 441.9 M or Gross Profit of 67.1 M, as well as many exotic indicators such as Interest Coverage of 0.33, Long Term Debt to Equity of 0.55 or Calculated Tax Rate of 29.46. Astronics financial statements analysis is a perfect complement when working with Astronics Valuation or Volatility modules. It can also supplement various Astronics Technical models. Please continue to the analysis of Astronics Correlation against competitors.

Astronics Revenues

548.31 Million

Share

Astronics Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets645.7 M609.1 M538.3 M
Increasing
Slightly volatile
Cash and Equivalents29.7 M29.8 M23.7 M
Increasing
Slightly volatile
Deferred Revenue28.9 M27.4 M23.9 M
Increasing
Slightly volatile
Property Plant and Equipment Net119.1 M111.4 M100.7 M
Increasing
Slightly volatile
Inventory149.8 M157.6 M112.3 M
Increasing
Slightly volatile
Tax Assets7.1 MM7.9 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables114.4 M107.4 M96.1 M
Increasing
Slightly volatile
Trade and Non Trade Payables35 M34.9 M27.8 M
Increasing
Slightly volatile
Goodwill and Intangible Assets187.5 M152.6 M173.4 M
Increasing
Slightly volatile
Total Liabilities358.1 M352.5 M285.3 M
Increasing
Slightly volatile
Shareholders Equity287.6 M256.6 M252.9 M
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit299.1 M287.2 M245.9 M
Increasing
Slightly volatile
Current Assets329 M339.9 M251.8 M
Increasing
Slightly volatile
Assets Non Current316.7 M269.3 M286.5 M
Increasing
Slightly volatile
Current Liabilities116.7 M118.6 M90.8 M
Increasing
Slightly volatile
Liabilities Non Current241.5 M233.9 M194.5 M
Increasing
Slightly volatile
Tax Liabilities3.6 M3.5 M13.9 M
Decreasing
Slightly volatile
Total Debt193.6 M181.8 M160.6 M
Increasing
Slightly volatile
Debt Current5.7 M6.8 M5.1 M
Decreasing
Stable
Debt Non Current187.1 M175 M155.4 M
Increasing
Slightly volatile
Shareholders Equity USD287.6 M256.6 M252.9 M
Increasing
Slightly volatile
Cash and Equivalents USD29.7 M29.8 M23.7 M
Increasing
Slightly volatile
Total Debt USD193.6 M181.8 M160.6 M
Increasing
Slightly volatile
Accounts Payable23.7 M23.8 M26.1 M
Increasing
Slightly volatile
Receivables83.2 M83.8 M91.5 M
Increasing
Slightly volatile
Inventories118.4 M141.4 M108.5 M
Increasing
Slightly volatile

Astronics Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues548.3 M444.9 M518.9 M
Increasing
Slightly volatile
Cost of Revenue441.9 M379.5 M400.8 M
Increasing
Slightly volatile
Selling General and Administrative Expense100.6 M99.1 M80.7 M
Increasing
Slightly volatile
Operating Expenses106 M96.2 M91.3 M
Increasing
Slightly volatile
Interest Expense6.7 M6.8 M5.2 M
Increasing
Slightly volatile
Income Tax Expense(1.4 M)(1.4 M)10.3 M
Decreasing
Slightly volatile
Consolidated Income(26.3 M)(25.6 M)16.5 M
Decreasing
Slightly volatile
Net Income(26.3 M)(25.6 M)16.5 M
Decreasing
Slightly volatile
Net Income Common Stock(26.3 M)(25.6 M)16.5 M
Decreasing
Slightly volatile
Weighted Average Shares30 M31.5 M31.8 M
Decreasing
Stable
Weighted Average Shares Diluted28.1 M27.7 M31.5 M
Increasing
Very volatile
Earning Before Interest and Taxes EBIT(20.7 M)(20.2 M)32 M
Decreasing
Slightly volatile
Revenues USD548.3 M444.9 M518.9 M
Increasing
Slightly volatile
Net Income Common Stock USD(26.3 M)(25.6 M)16.5 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes USD(20.7 M)(20.2 M)32 M
Decreasing
Slightly volatile
Gross Profit67.1 M65.4 M115.1 M
Increasing
Stable
Operating Income(31.6 M)(30.8 M)24.3 M
Decreasing
Slightly volatile
Direct Expenses359.4 M365.2 M391.8 M
Increasing
Slightly volatile

Astronics Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals11.4 M10.6 M(29.2 M)
Increasing
Slightly volatile
Net Cash Flow from Financing(7.7 M)(7.5 M)1.5 M
Decreasing
Stable
Issuance Repayment of Debt Securities (11.2 M)(10.9 M)M
Decreasing
Stable
Issuance Purchase of Equity Shares3.7 M3.4 M(10.4 M)
Decreasing
Slightly volatile
Net Cash Flow from Investing3.4 M3.2 M(42.4 M)
Increasing
Slightly volatile
Net Cash Flow from Operations(5.7 M)(5.5 M)39.9 M
Decreasing
Slightly volatile
Effect of Exchange Rate Changes on Cash (820 K)(799 K)(141.7 K)
Increasing
Very volatile
Net Cash Flow or Change in Cash and Cash Equivalents(10.9 M)(10.7 M)(1.2 M)
Increasing
Very volatile
Share Based CompensationM6.5 MM
Increasing
Slightly volatile
Depreciation Amortization and Accretion32.3 M34.2 M23.7 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share(0.84)(0.82)0.4883
Decreasing
Slightly volatile
Earnings per Diluted Share(0.84)(0.82)0.4558
Decreasing
Slightly volatile
Earnings per Basic Share USD(0.84)(0.82)0.4883
Decreasing
Slightly volatile
Return on Average Equity(0.1)(0.1)0.094
Decreasing
Slightly volatile
Return on Average Assets(0.0431)(0.042)0.0496
Decreasing
Slightly volatile
Return on Invested Capital(0.0411)(0.04)0.1123
Decreasing
Slightly volatile
Gross Margin0.170.1470.2295
Decreasing
Slightly volatile
Profit Margin(0.0585)(0.057)0.0324
Decreasing
Slightly volatile
EBITDA Margin0.03280.0320.1086
Decreasing
Slightly volatile
Return on Sales(0.0462)(0.045)0.0637
Decreasing
Slightly volatile
Asset Turnover0.820.7331.054
Decreasing
Slightly volatile
Enterprise Value over EBITDA42.3939.28815.7908
Increasing
Slightly volatile
Enterprise Value over EBIT(27.71)(27.0)9.7146
Decreasing
Slightly volatile
Price to Earnings Ratio(15.02)(14.634)16.1811
Decreasing
Slightly volatile
Sales per Share17.2214.14216.1792
Increasing
Slightly volatile
Price to Sales Ratio1.080.8491.5007
Decreasing
Slightly volatile
Price to Book Value2.111.4713.1815
Decreasing
Slightly volatile
Debt to Equity Ratio1.381.3741.1181
Increasing
Slightly volatile
Current Ratio3.092.8652.7699
Increasing
Slightly volatile
Free Cash Flow per Share(0.38)(0.368)0.7882
Decreasing
Stable
Book Value per Share9.058.1567.9006
Increasing
Slightly volatile
Tangible Assets Book Value per Share14.4414.51111.4163
Increasing
Slightly volatile
Total Assets Per Share16.3718.0516.4464
Increasing
Slightly volatile
Cash Flow Per Share1.191.091.4235
Increasing
Very volatile
Return on Investment(23.29)(22.7)7.3532
Decreasing
Slightly volatile
Operating Margin(23.65)(23.04)2.7659
Decreasing
Slightly volatile
Calculated Tax Rate29.4627.4226.1676
Decreasing
Slightly volatile
Receivables Turnover6.084.786.0483
Decreasing
Slightly volatile
Inventory Turnover3.993.084.0161
Decreasing
Slightly volatile
PPandE Turnover6.165.265.8288
Decreasing
Stable
Cash and Equivalents Turnover17.2112.4823.6653
Increasing
Stable
Accounts Payable Turnover21.9418.5120.9299
Decreasing
Slightly volatile
Accrued Expenses Turnover17.5813.3417.8117
Decreasing
Slightly volatile
Interest Coverage0.330.329.9877
Decreasing
Slightly volatile
Long Term Debt to Equity0.550.580.5699
Increasing
Stable
Quick Ratio1.171.211.247
Increasing
Stable
Net Current Assets as percentage of Total Assets39.2941.4231.7769
Increasing
Stable
Revenue to Assets1.10.931.0479
Decreasing
Slightly volatile

Astronics Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax(27.7 M)(27 M)26.8 M
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA14.4 M14 M56 M
Decreasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization USD14.4 M14 M56 M
Decreasing
Stable
Market Capitalization530.9 M377.5 M742.1 M
Increasing
Very volatile
Enterprise Value831.7 M551.9 M889.7 M
Increasing
Stable
Invested Capital505.4 M490 M410.9 M
Increasing
Slightly volatile
Average Equity284.2 M255.9 M247.6 M
Increasing
Slightly volatile
Average Assets636.3 M607 M524.6 M
Increasing
Slightly volatile
Invested Capital Average511.5 M507.5 M406.7 M
Increasing
Slightly volatile
Tangible Asset Value458.2 M456.5 M364.8 M
Increasing
Slightly volatile
Free Cash Flow(11.9 M)(11.6 M)25.5 M
Decreasing
Stable
Working Capital212.3 M221.2 M160.9 M
Increasing
Slightly volatile
Revenue Per Employee214.7 K205 K246.9 K
Increasing
Very volatile
Net Income Per Employee(61.9 K)(60.4 K)1.3 K
Decreasing
Slightly volatile

Astronics Fundamental Market Drivers

Forward Price Earnings11.67
Short Percent Of Float1.63%
Average Daily Volume Last 10 Day186.77k
Shares Short Prior Month332.37k
Average Daily Volume In Three Month140.44k
Date Short Interest29th of April 2022
Fifty Day Average10.76
Two Hundred Day Average12.37

Astronics Upcoming Events

Upcoming Quarterly Report22nd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Astronics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Astronics income statement, its balance sheet, and the statement of cash flows. Astronics investors use historical funamental indicators, such as Astronics's revenue or net income, to determine how well the company is positioned to perform in the future. Although Astronics investors may use each financial statement separately, they are all related. The changes in Astronics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Astronics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Astronics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Astronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue27.4 M28.9 M
Cost of Revenue379.5 M441.9 M
Revenues444.9 M548.3 M
Revenue to Assets 0.93  1.10 
Revenue Per Employee205 K214.7 K
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company was incorporated in 1968 and is headquartered in East Aurora, New York. Astronics operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 2100 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Astronics without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Efficient Frontier Now

   

Efficient Frontier

Plot and analyze your portfolio and positions against risk-return landscape of the market.
All  Next Launch Module

Pair Trading with Astronics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astronics will appreciate offsetting losses from the drop in the long position's value.

Astronics Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astronics Cp to buy it.
The correlation of Astronics is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics Cp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Astronics Correlation against competitors. Note that the Astronics Cp information on this page should be used as a complementary analysis to other Astronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Astronics Stock analysis

When running Astronics Cp price analysis, check to measure Astronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Astronics is operating at the current time. Most of Astronics' value examination focuses on studying past and present price action to predict the probability of Astronics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astronics' price. Additionally, you may evaluate how the addition of Astronics to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Is Astronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astronics. If investors know Astronics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.93
Market Capitalization
343.9 M
Quarterly Revenue Growth YOY
0.097
Return On Assets
-0.0305
Return On Equity
-0.0645
The market value of Astronics Cp is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astronics' market value can be influenced by many factors that don't directly affect Astronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine Astronics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.