GATX Balance Sheet Health
Financial Health criteria checks 1/6
GATX has a total shareholder equity of $2.3B and total debt of $7.6B, which brings its debt-to-equity ratio to 328.9%. Its total assets and total liabilities are $11.6B and $9.3B respectively. GATX's EBIT is $411.9M making its interest coverage ratio 1.5. It has cash and short-term investments of $479.1M.
Key information
328.9%
Debt to equity ratio
US$7.64b
Debt
Interest coverage ratio | 1.5x |
Cash | US$479.10m |
Equity | US$2.32b |
Total liabilities | US$9.25b |
Total assets | US$11.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAX's short term assets ($708.7M) exceed its short term liabilities ($238.6M).
Long Term Liabilities: GAX's short term assets ($708.7M) do not cover its long term liabilities ($9.0B).
Debt to Equity History and Analysis
Debt Level: GAX's net debt to equity ratio (308.2%) is considered high.
Reducing Debt: GAX's debt to equity ratio has increased from 264.7% to 328.9% over the past 5 years.
Debt Coverage: GAX's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: GAX's interest payments on its debt are not well covered by EBIT (1.5x coverage).