Archer Aviation Inc. financial data

Symbol
ACHR, ACHR-WT on NYSE
Industry
Aircraft
Location
190 West Tasman Drive, San Jose, California
Fiscal year end
December 31
Former names
Atlas Crest Investment Corp. (to 9/17/2021)
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 392 % -65%
Debt-to-equity 50.4 % +218%
Return On Equity -133 % -86.2%
Return On Assets -88.4 % -43.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 840 M USD +89.9%
Weighted Average Number of Shares Outstanding, Basic 320 M shares +29.5%
Weighted Average Number of Shares Outstanding, Diluted 320 M shares +29.5%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 294 M USD +40.2%
General and Administrative Expense 168 M USD +2%
Operating Income (Loss) -477 M USD -21.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -461 M USD -24.1%
Income Tax Expense (Benefit) 700 K USD
Net Income (Loss) Attributable to Parent -461 M USD -24.3%
Earnings Per Share, Basic -1.59 USD/shares -3.92%
Earnings Per Share, Diluted -1.59 USD/shares -3.92%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 406 M USD +35.6%
Other Assets, Current 1.8 M USD -14.3%
Assets, Current 422 M USD -9.42%
Property, Plant and Equipment, Net 72.1 M USD +192%
Operating Lease, Right-of-Use Asset 8.7 M USD -18.7%
Other Assets, Noncurrent 7.7 M USD +83.3%
Assets 511 M USD +0.99%
Accounts Payable, Current 14.1 M USD +120%
Employee-related Liabilities, Current 12.7 M USD +67.1%
Liabilities, Current 70.2 M USD +9.69%
Operating Lease, Liability, Noncurrent 12.4 M USD +40.9%
Other Liabilities, Noncurrent 11.9 M USD +8.18%
Liabilities 132 M USD +37.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -1.27 B USD -57.4%
Stockholders' Equity Attributable to Parent 379 M USD -7.54%
Liabilities and Equity 511 M USD +0.99%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -86.5 M USD -35.8%
Net Cash Provided by (Used in) Financing Activities 44.8 M USD
Net Cash Provided by (Used in) Investing Activities -17.3 M USD -106%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -59 M USD -125%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 413 M USD +34.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 200 K USD -33.3%
Deferred Tax Assets, Valuation Allowance 226 M USD +74.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 232 M USD +74.6%
Operating Lease, Liability 22.6 M USD +8.65%
Depreciation 7 M USD +106%
Payments to Acquire Property, Plant, and Equipment 17.3 M USD +51.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -461 M USD -24.2%
Lessee, Operating Lease, Liability, to be Paid 23.7 M USD -11.6%
Property, Plant and Equipment, Gross 82.8 M USD +184%
Operating Lease, Liability, Current 3.3 M USD +6.45%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.7 M USD -4.08%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.7 M USD +7.55%
Operating Lease, Weighted Average Discount Rate, Percent 0.15 pure +7.19%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.9 M USD -22.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.1 M USD -53.3%
Deferred Tax Assets, Operating Loss Carryforwards 84.1 M USD +93.8%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 2 M USD +33.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.2 M USD +4.76%
Operating Lease, Payments 4.5 M USD -10%
Additional Paid in Capital 1.64 B USD +35.4%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 5.6 M USD +80.6%
Share-based Payment Arrangement, Expense 60.2 M USD -42.1%
Interest Expense 400 K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%