American Axle & Manufacturing Holdings Balance Sheet Health
Financial Health criteria checks 1/6
American Axle & Manufacturing Holdings has a total shareholder equity of $616.3M and total debt of $2.7B, which brings its debt-to-equity ratio to 439%. Its total assets and total liabilities are $5.3B and $4.7B respectively. American Axle & Manufacturing Holdings's EBIT is $265.2M making its interest coverage ratio 1.6. It has cash and short-term investments of $542.5M.
Key information
439.0%
Debt to equity ratio
US$2.71b
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$542.50m |
| Equity | US$616.30m |
| Total liabilities | US$4.71b |
| Total assets | US$5.33b |
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 ($1.3B).
Long Term Liabilities: AYA's short term assets ($2.1B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: AYA's net debt to equity ratio (350.9%) is considered high.
Reducing Debt: AYA's debt to equity ratio has increased from 264.7% to 439% over the past 5 years.
Debt Coverage: AYA's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: AYA's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 10:29 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
American Axle & Manufacturing Holdings, Inc. is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Johnson | Barclays |
| Dan Levy | Barclays |
| James Picariello | BNP Paribas Exane |