GATX Balance Sheet Health
Financial Health criteria checks 1/6
GATX has a total shareholder equity of $2.4B and total debt of $8.3B, which brings its debt-to-equity ratio to 341%. Its total assets and total liabilities are $12.4B and $9.9B respectively. GATX's EBIT is $453.0M making its interest coverage ratio 1.4. It has cash and short-term investments of $503.7M.
Key information
341.0%
Debt to equity ratio
US$8.31b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$503.70m |
| Equity | US$2.44b |
| Total liabilities | US$9.94b |
| Total assets | US$12.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAX's short term assets ($717.6M) exceed its short term liabilities ($236.3M).
Long Term Liabilities: GAX's short term assets ($717.6M) do not cover its long term liabilities ($9.7B).
Debt to Equity History and Analysis
Debt Level: GAX's net debt to equity ratio (320.3%) is considered high.
Reducing Debt: GAX's debt to equity ratio has increased from 262.7% to 341% over the past 5 years.
Debt Coverage: GAX's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: GAX's interest payments on its debt are not well covered by EBIT (1.4x coverage).