We expect fiscal 2011 cash flow provided by operating activities to remain strong and to approximate $90 - $100 million. Capital expenditures in fiscal 2011 are anticipated to approximate $10 - $12 million.Our net debt to shareholders' equity ratio remains low at 1.8% as of January 31, 2011, with net debt (total debt less cash and cash equivalents) of $10.3 million. We have no significant debt maturities until fiscal 2013.
HEICO Corporation Reports Record Sales, Operating Income, Net Income And EPS For First Quarter Of Fiscal 2011; Fiscal 2011 Full Year Sales And Net Income Estimates Raised
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts