American Axle & Manufacturing Holdings Balance Sheet Health
Financial Health criteria checks 1/6
American Axle & Manufacturing Holdings has a total shareholder equity of $644.8M and total debt of $2.9B, which brings its debt-to-equity ratio to 446.1%. Its total assets and total liabilities are $5.5B and $4.9B respectively. American Axle & Manufacturing Holdings's EBIT is $198.0M making its interest coverage ratio 1.2. It has cash and short-term investments of $515.6M.
Key information
446.1%
Debt to equity ratio
US$2.88b
Debt
Interest coverage ratio | 1.2x |
Cash | US$515.60m |
Equity | US$644.80m |
Total liabilities | US$4.86b |
Total assets | US$5.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYA's short term assets ($2.1B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: AYA's short term assets ($2.1B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: AYA's net debt to equity ratio (366.2%) is considered high.
Reducing Debt: AYA's debt to equity ratio has increased from 221.2% to 446.1% over the past 5 years.
Debt Coverage: AYA's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: AYA's interest payments on its debt are not well covered by EBIT (1.2x coverage).