Astronics Historical Balance Sheet

ATRO Stock  USD 25.35  0.35  1.40%   
Trend analysis of Astronics balance sheet accounts such as Short Long Term Debt Total of 203.6 M, Other Current Liabilities of 78 M or Total Current Liabilities of 164 M provides information on Astronics' total assets, liabilities, and equity, which is the actual value of Astronics to its prevalent stockholders. By breaking down trends over time using Astronics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Astronics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Astronics is a good buy for the upcoming year.

Astronics Inventory

209.73 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.

About Astronics Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Astronics at a specified time, usually calculated after every quarter, six months, or one year. Astronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Astronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Astronics currently owns. An asset can also be divided into two categories, current and non-current.

Astronics Balance Sheet Chart

At this time, Astronics' Cash is very stable compared to the past year. As of the 23rd of March 2025, Non Currrent Assets Other is likely to grow to about 8.8 M, while Property Plant And Equipment Net is likely to drop about 52.4 M.

Total Assets

Total assets refers to the total amount of Astronics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Astronics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Astronics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Astronics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Astronics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Astronics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.At this time, Astronics' Cash is very stable compared to the past year. As of the 23rd of March 2025, Non Currrent Assets Other is likely to grow to about 8.8 M, while Property Plant And Equipment Net is likely to drop about 52.4 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total164M197.9M193.9M203.6M
Total Assets615.0M633.8M648.8M681.2M

Astronics balance sheet Correlations

0.930.780.850.940.830.920.810.310.830.590.310.840.360.960.850.090.960.650.9-0.080.590.770.850.830.67
0.930.680.790.810.760.980.660.380.780.390.380.760.340.970.780.180.950.570.830.010.50.740.730.70.52
0.780.680.950.630.430.720.40.00.330.340.00.920.140.720.930.270.830.90.940.020.660.80.930.670.75
0.850.790.950.690.590.820.470.050.460.320.050.930.280.820.960.320.920.910.970.170.670.90.910.750.71
0.940.810.630.690.860.80.910.250.890.670.250.740.370.830.680.010.820.460.76-0.260.470.620.740.790.54
0.830.760.430.590.860.750.840.240.910.450.240.550.520.770.580.080.740.380.62-0.090.440.550.560.790.43
0.920.980.720.820.80.750.620.190.730.320.190.830.290.930.810.280.940.620.85-0.020.480.80.750.70.49
0.810.660.40.470.910.840.620.360.910.820.360.510.340.730.5-0.350.670.270.57-0.270.410.480.580.810.5
0.310.380.00.050.250.240.190.360.470.421.0-0.120.360.450.05-0.340.33-0.130.10.130.15-0.070.050.160.26
0.830.780.330.460.890.910.730.910.470.640.470.450.470.80.44-0.120.720.180.52-0.220.290.450.450.680.33
0.590.390.340.320.670.450.320.820.420.640.420.360.060.540.37-0.630.480.190.43-0.320.310.30.480.620.56
0.310.380.00.050.250.240.190.361.00.470.42-0.120.360.450.05-0.340.33-0.130.10.130.15-0.070.050.160.26
0.840.760.920.930.740.550.830.51-0.120.450.36-0.120.170.760.920.310.850.830.960.010.550.880.920.740.64
0.360.340.140.280.370.520.290.340.360.470.060.360.170.320.20.220.320.080.230.440.070.210.090.250.07
0.960.970.720.820.830.770.930.730.450.80.540.450.760.320.820.040.980.620.860.010.580.750.790.780.67
0.850.780.930.960.680.580.810.50.050.440.370.050.920.20.820.190.910.930.980.150.720.880.960.810.84
0.090.180.270.320.010.080.28-0.35-0.34-0.12-0.63-0.340.310.220.040.190.140.250.190.15-0.060.170.09-0.19-0.19
0.960.950.830.920.820.740.940.670.330.720.480.330.850.320.980.910.140.750.940.060.640.830.870.80.71
0.650.570.90.910.460.380.620.27-0.130.180.19-0.130.830.080.620.930.250.750.880.270.750.820.890.70.78
0.90.830.940.970.760.620.850.570.10.520.430.10.960.230.860.980.190.940.880.090.70.880.970.820.79
-0.080.010.020.17-0.26-0.09-0.02-0.270.13-0.22-0.320.130.010.440.010.150.150.060.270.090.020.28-0.010.080.09
0.590.50.660.670.470.440.480.410.150.290.310.150.550.070.580.72-0.060.640.750.70.020.470.740.650.8
0.770.740.80.90.620.550.80.48-0.070.450.3-0.070.880.210.750.880.170.830.820.880.280.470.810.790.57
0.850.730.930.910.740.560.750.580.050.450.480.050.920.090.790.960.090.870.890.97-0.010.740.810.840.87
0.830.70.670.750.790.790.70.810.160.680.620.160.740.250.780.81-0.190.80.70.820.080.650.790.840.76
0.670.520.750.710.540.430.490.50.260.330.560.260.640.070.670.84-0.190.710.780.790.090.80.570.870.76
Click cells to compare fundamentals

Astronics Account Relationship Matchups

Astronics balance sheet Accounts

202020212022202320242025 (projected)
Total Assets619.7M609.1M615.0M633.8M648.8M681.2M
Short Long Term Debt Total178.0M169.8M164M197.9M193.9M203.6M
Other Current Liab37.7M49.6M63.4M43.1M74.3M78.0M
Total Current Liabilities93.7M118.6M151.6M143.3M156.2M164.0M
Total Stockholder Equity270.4M256.6M239.9M249.5M256.1M268.9M
Property Plant And Equipment Net106.7M95.2M90.7M113.3M104.3M52.4M
Net Debt132.6M133.2M150.2M193.1M184.6M193.8M
Retained Earnings312.8M287.2M240.4M209.8M192.2M110.8M
Cash40.4M29.8M13.8M4.8M9.3M11.8M
Non Current Assets Total302.8M269.3M249.7M244.0M222.6M129.9M
Non Currrent Assets Other28.0M21.4M19.8M7.0M7.8M8.8M
Cash And Short Term Investments40.4M29.8M13.8M4.8M9.3M11.8M
Net Receivables93.1M107.4M147.8M172.1M191.4M201.0M
Common Stock Shares Outstanding30.8M31.1M32.2M33.1M35.0M25.4M
Liabilities And Stockholders Equity619.7M609.1M615.0M633.8M648.8M681.2M
Non Current Liabilities Total255.6M233.9M223.5M240.9M236.5M248.3M
Inventory157.1M157.6M188.0M191.8M199.7M209.7M
Other Stockholder Equity(26.3M)(16.5M)8.7M48.8M67.4M70.8M
Total Liab349.4M352.5M375.1M384.3M392.7M412.3M
Property Plant And Equipment Gross125.6M237.2M241.3M254.6M254.2M266.9M
Total Current Assets316.9M339.9M365.3M389.8M426.2M447.5M
Accumulated Other Comprehensive Income(16.5M)(14.5M)(9.5M)(9.4M)(3.9M)(4.1M)
Short Term Debt5.0M6.8M8.9M14.1M4.7M3.8M
Other Current Assets26.4M45.1M15.7M21.1M25.7M27.0M
Accounts Payable26.4M34.9M64.2M61.1M43.0M45.1M
Common Stock Total Equity345K347K353K354K407.1K427.5K
Common Stock347K353K354K373K329K214.7K
Other Liab61.3M82.6M70.9M54.0M62.1M65.2M
Other Assets28.8M28.0M96.3M37.4M43.0M45.1M
Long Term Debt173M163M159.5M159.2M168.7M107.0M
Intangible Assets109.9M94.3M79.3M65.4M52.5M56.4M
Property Plant Equipment112.5M106.7M95.2M90.7M104.3M69.9M
Current Deferred Revenue24.6M27.4M32.6M22.0M27.5M19.2M
Net Tangible Assets116.6M102.2M104.0M102.5M117.8M87.8M
Retained Earnings Total Equity428.6M312.8M287.2M240.4M276.4M252.5M
Long Term Debt Total188M173M163M159.5M183.4M188.5M
Capital Surpluse76.3M82.2M92.0M98.6M113.4M74.0M
Deferred Long Term Liab3.9M2.9M1.4M1.9M1.7M1.6M

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.

Moving together with Astronics Stock

  0.74EH Ehang HoldingsPairCorr

Moving against Astronics Stock

  0.92VTSI VirTra IncPairCorr
  0.87EVEX Eve HoldingPairCorr
  0.77HXL HexcelPairCorr
  0.73DPRO Draganfly Earnings Call This WeekPairCorr
  0.72CW Curtiss WrightPairCorr
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 to buy it.
The correlation of Astronics is a statistical measure of how it moves in relation to other instruments. 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 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
When determining whether Astronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astronics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Aerospace & Defense space 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
(0.93)
Earnings Share
(0.46)
Revenue Per Share
22.702
Quarterly Revenue Growth
0.068
Return On Assets
0.024
The market value of Astronics 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 if Astronics is a good investment 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.