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).