Avnet Inc financial data

Symbol
AVT on Nasdaq
Industry
Wholesale-Electronic Parts & Equipment, NEC
Location
2211 South 47 Th Street, Phoenix, AZ
State of incorporation
New York
Fiscal year end
June 28
Latest financial report
10-K - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 238 % -1.63%
Quick Ratio 128 % +6.18%
Debt-to-equity 154 % -7.3%
Return On Equity 10.1 % -41.6%
Return On Assets 3.98 % -38.8%
Operating Margin 3.55 % -20.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 88.1M shares -3.69%
Entity Public Float 4.48B USD +19.7%
Common Stock, Value, Issued 89M USD -2.69%
Weighted Average Number of Shares Outstanding, Basic 90.6M shares -1.6%
Weighted Average Number of Shares Outstanding, Diluted 91.8M shares -1.64%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 23.8B USD -10.5%
Cost of Revenue 21B USD -10.1%
Operating Income (Loss) 844M USD -28.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 632M USD -35.7%
Income Tax Expense (Benefit) 134M USD -37%
Net Income (Loss) Attributable to Parent 499M USD -35.3%
Earnings Per Share, Basic 5.51 USD/shares -34.2%
Earnings Per Share, Diluted 5.43 USD/shares -34.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 311M USD +7.88%
Accounts Receivable, after Allowance for Credit Loss, Current 4.39B USD -7.82%
Inventory, Net 5.47B USD +0.07%
Assets, Current 10.4B USD -3.54%
Property, Plant and Equipment, Net 568M USD +28.7%
Operating Lease, Right-of-Use Asset 209M USD -5.74%
Goodwill 781M USD +0.05%
Other Assets, Noncurrent 280M USD -0.69%
Assets 12.2B USD -2.15%
Accounts Payable, Current 3.35B USD -0.84%
Employee-related Liabilities, Current 214M USD -15.8%
Accrued Liabilities, Current 573M USD -23.9%
Liabilities, Current 4.47B USD +5.08%
Operating Lease, Liability, Noncurrent 174M USD -8.78%
Other Liabilities, Noncurrent 238M USD -20%
Liabilities 7.28B USD -5.72%
Accumulated Other Comprehensive Income (Loss), Net of Tax -487M USD -18.9%
Retained Earnings (Accumulated Deficit) 3.6B USD +6.62%
Stockholders' Equity Attributable to Parent 4.93B USD +3.66%
Liabilities and Equity 12.2B USD -2.15%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -41.3M USD +93.6%
Net Cash Provided by (Used in) Financing Activities 100M USD -83%
Net Cash Provided by (Used in) Investing Activities -75.8M USD -263%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 89M shares -2.69%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -9.55M USD +86.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 311M USD +7.88%
Interest Paid, Excluding Capitalized Interest, Operating Activities 81.4M USD +148%
Deferred Tax Assets, Valuation Allowance 216M USD +4.06%
Deferred Tax Assets, Gross 469M USD +4.34%
Operating Lease, Liability 228M USD -6%
Payments to Acquire Property, Plant, and Equipment 76.1M USD +170%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 421M USD -50%
Lessee, Operating Lease, Liability, to be Paid 267M USD -7.19%
Property, Plant and Equipment, Gross 1.39B USD +4.81%
Operating Lease, Liability, Current 54M USD +4.25%
Lessee, Operating Lease, Liability, to be Paid, Year Two 50.3M USD +3.77%
Lessee, Operating Lease, Liability, to be Paid, Year One 60M USD +3.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 38.9M USD -13.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 30.7M USD -18.7%
Deferred Tax Assets, Operating Loss Carryforwards 207M USD -2.19%
Unrecognized Tax Benefits 101M USD -2.12%
Lessee, Operating Lease, Liability, to be Paid, Year Four 23.4M USD -5.85%
Operating Lease, Payments 13.9M USD -1.47%
Amortization of Intangible Assets 4.17M USD -66.6%
Deferred Tax Assets, Net of Valuation Allowance 253M USD +4.58%
Interest Expense 283M USD +12.8%