Aviat Networks Financials

AVNW Stock  USD 20.25  0.20  0.98%   
Based on the key indicators related to Aviat Networks' liquidity, profitability, solvency, and operating efficiency, Aviat Networks may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Aviat Networks' Current Deferred Revenue is fairly stable compared to the past year. Total Permanent Equity is likely to climb to about 69.5 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 37.5 M in 2024. Key indicators impacting Aviat Networks' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.540.189
Way Up
Pretty Stable
Current Ratio1.931.8515
Sufficiently Up
Slightly volatile
Investors should never underestimate Aviat Networks' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Aviat Networks' cash flow, debt, and profitability to make informed and accurate decisions about investing in Aviat Networks.

Net Income

11.3 Million

  
Understanding current and past Aviat Networks Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Aviat Networks' financial statements are interrelated, with each one affecting the others. For example, an increase in Aviat Networks' assets may result in an increase in income on the income statement.

Aviat Networks Earnings Geography

Please note, the imprecision that can be found in Aviat Networks' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Aviat Networks. Check Aviat Networks' Beneish M Score to see the likelihood of Aviat Networks' management manipulating its earnings.

Aviat Networks Stock Summary

Aviat Networks competes with AudioCodes, Silicom, Gilat Satellite, Mynaric AG, and Knowles Cor. Aviat Networks, Inc. provides microwave networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company was incorporated in 2006 and is headquartered in Austin, Texas. Aviat Networks operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 636 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS05366Y2019
CUSIP05366Y201 05366Y102 41457P106
LocationCalifornia; U.S.A
Business Address200 Parker Drive,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.aviatnetworks.com
Phone408 941 7100
CurrencyUSD - US Dollar

Aviat Networks Key Financial Ratios

Aviat Networks Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets179.8M297.7M323.9M364.5M535.2M340.6M
Other Current Liab29.7M30.9M27.8M25.0M64.8M37.5M
Net Debt(28.9M)(44.0M)(34.0M)(19.5M)(16.3M)(17.1M)
Retained Earnings(730.7M)(620.6M)(599.4M)(587.9M)(578.5M)(607.4M)
Accounts Payable32.0M32.4M42.4M60.1M92.9M48.5M
Cash41.6M47.9M36.9M22.2M64.6M55.4M
Net Receivables72.7M85.7M119.0M160.2M262.1M275.2M
Inventory15.2M24.9M27.2M33.1M62.3M40.3M
Other Current Assets10.4M9.6M12.4M22.2M16.3M21.3M
Total Liab111.1M114.3M122.2M144.4M279.3M293.3M
Total Current Assets140.0M170.2M206.4M237.7M405.2M246.2M
Short Term Debt10.4M769K513K610K2.4M2.3M
Other Liab14.8M14.7M15.3M12.2M14.0M14.4M
Other Assets19.5M111.9M105.9M100.6M115.7M121.5M
Net Tangible Assets68.7M183.3M201.8M205.9M236.8M127.9M

Aviat Networks Key Income Statement Accounts

The reason investors look at the income statement is to determine what Aviat Networks' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense54K3.1M5.7M2.3M2.7M2.8M
Total Revenue238.6M274.9M303.0M346.6M408.1M357.3M
Gross Profit84.7M102.6M109.2M124.2M144.7M103.0M
Operating Income3.4M22.2M28.7M26.4M19.4M20.4M
Ebit(991K)19.7M23.7M25.6M23.3M24.4M
Research Development19.3M21.8M22.6M24.9M36.4M27.7M
Ebitda7.8M24.7M29.2M32.4M28.3M29.7M
Cost Of Revenue153.9M172.3M193.7M222.4M263.4M254.4M
Income Before Tax3.7M22.4M30.4M23.1M16.9M17.8M
Net Income257K110.1M21.2M11.5M10.8M11.3M
Income Tax Expense3.5M(87.7M)9.3M11.6M6.1M6.5M
Tax Provision3.5M(87.7M)9.3M11.6M10.4M10.9M
Net Interest Income169K165K331K230K264.5K229.9K
Interest Income198K267K385K230K264.5K292.1K

Aviat Networks Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(6.7M)(11.1M)(3.9M)(4.5M)1.6M1.7M
Change In Cash9.7M6.3M(11.1M)(14.6M)42.4M44.5M
Free Cash Flow12.9M14.5M997K(7.0M)27.9M29.3M
Depreciation4.4M5.4M4.5M6.2M5.0M9.6M
Other Non Cash Items5.4M1.3M100K5.0M6.4M6.1M
Capital Expenditures4.6M2.8M1.8M5.3M2.7M2.5M
Net Income257K110.1M21.2M11.5M10.8M11.3M
End Period Cash Flow41.9M48.2M37.1M22.5M64.9M55.5M
Dividends Paid35K29K1.7M72K64.8K61.6K
Change To Netincome7.0M(86.4M)13.5M20.6M18.5M19.4M
Investments(4.6M)(2.8M)(8.3M)9.2M8.2M8.7M

Aviat Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Aviat Networks's current stock value. Our valuation model uses many indicators to compare Aviat Networks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aviat Networks competition to find correlations between indicators driving Aviat Networks's intrinsic value. More Info.
Aviat Networks is rated below average in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.97  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Aviat Networks is roughly  1.03 . At this time, Aviat Networks' Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Aviat Networks by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Aviat Networks Systematic Risk

Aviat Networks' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Aviat Networks volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Aviat Networks correlated with the market. If Beta is less than 0 Aviat Networks generally moves in the opposite direction as compared to the market. If Aviat Networks Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aviat Networks is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aviat Networks is generally in the same direction as the market. If Beta > 1 Aviat Networks moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Aviat Networks Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Aviat Networks' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Aviat Networks growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.68

At this time, Aviat Networks' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Aviat Networks November 4, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Aviat Networks help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Aviat Networks. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aviat Networks based on widely used predictive technical indicators. In general, we focus on analyzing Aviat Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aviat Networks's daily price indicators and compare them against related drivers.

Additional Tools for Aviat Stock Analysis

When running Aviat Networks' price analysis, check to measure Aviat Networks' 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 Aviat Networks is operating at the current time. Most of Aviat Networks' value examination focuses on studying past and present price action to predict the probability of Aviat Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aviat Networks' price. Additionally, you may evaluate how the addition of Aviat Networks to your portfolios can decrease your overall portfolio volatility.