American Axle & Manufacturing Holdings Balance Sheet Health
Financial Health criteria checks 1/6
American Axle & Manufacturing Holdings has a total shareholder equity of $604.9M and total debt of $2.8B, which brings its debt-to-equity ratio to 461.3%. Its total assets and total liabilities are $5.4B and $4.8B respectively. American Axle & Manufacturing Holdings's EBIT is $171.4M making its interest coverage ratio 1. It has cash and short-term investments of $519.9M.
Key information
461.3%
Debt to equity ratio
US$2.79b
Debt
| Interest coverage ratio | 1x |
| Cash | US$519.90m |
| Equity | US$604.90m |
| Total liabilities | US$4.75b |
| Total assets | US$5.36b |
Recent financial health updates
Here's Why American Axle & Manufacturing Holdings (NYSE:AXL) Is Weighed Down By Its Debt Load
Feb 26
American Axle & Manufacturing Holdings (NYSE:AXL) Has A Somewhat Strained Balance Sheet
Sep 20Is American Axle & Manufacturing Holdings (NYSE:AXL) Using Too Much Debt?
Jun 08These 4 Measures Indicate That American Axle & Manufacturing Holdings (NYSE:AXL) Is Using Debt Extensively
Jan 20American Axle & Manufacturing Holdings (NYSE:AXL) Use Of Debt Could Be Considered Risky
Aug 19Here's Why American Axle & Manufacturing Holdings (NYSE:AXL) Has A Meaningful Debt Burden
Feb 15Recent updates
Insufficient Growth At American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Hampers Share Price
Apr 24Here's Why American Axle & Manufacturing Holdings (NYSE:AXL) Is Weighed Down By Its Debt Load
Feb 26American Axle & Manufacturing Holdings: Staying The Course
Jan 25American Axle & Manufacturing Holdings, Inc.'s (NYSE:AXL) Low P/S No Reason For Excitement
Jan 04American Axle & Manufacturing: Historical Challenges Likely To Continue
Oct 26American Axle & Manufacturing Holdings (NYSE:AXL) Has A Somewhat Strained Balance Sheet
Sep 20Is There An Opportunity With American Axle & Manufacturing Holdings, Inc.'s (NYSE:AXL) 37% Undervaluation?
Aug 09American Axle & Manufacturing: Fighting An Uphill Battle
Aug 04Is American Axle & Manufacturing Holdings (NYSE:AXL) Using Too Much Debt?
Jun 08With EPS Growth And More, American Axle & Manufacturing Holdings (NYSE:AXL) Makes An Interesting Case
Apr 26American Axle & Manufacturing Q4 2022 Earnings Preview
Feb 16These 4 Measures Indicate That American Axle & Manufacturing Holdings (NYSE:AXL) Is Using Debt Extensively
Jan 20American Axle jumps 18% amid report of takeover interest
Nov 03American Axle & Manufacturing Holdings (NYSE:AXL) Use Of Debt Could Be Considered Risky
Aug 19American Axle Looking Underappreciated Today, But The Uncertain Future Is A Major Overhang
Aug 18American Axle & Manufacturing Q2 2022 Earnings Preview
Aug 04Miller Value Partners - American Axle: Stock Price Significantly Mispriced
May 05American Axle: Getting Electrified
Apr 18American Axle & Manufacturing Holdings: Fundamentally Cheap
Mar 01Here's Why American Axle & Manufacturing Holdings (NYSE:AXL) Has A Meaningful Debt Burden
Feb 15American Axle Stock: Supply Chain Issues Will Weigh On Q4, Long-Term Outlook Looks Better
Dec 16Is American Axle & Manufacturing Holdings (NYSE:AXL) A Risky Investment?
Oct 27American Axle - Ample Risks, But Maybe Ample Rewards Too
Aug 13We Think American Axle & Manufacturing Holdings' (NYSE:AXL) Robust Earnings Are Conservative
Aug 07Is American Axle & Manufacturing Holdings (NYSE:AXL) A Risky Investment?
May 12American Axle & Manufacturing Q1 2021 Earnings Preview
May 06Is American Axle & Manufacturing Holdings' (NYSE:AXL) 284% Share Price Increase Well Justified?
Mar 20Financial Position Analysis
Short Term Liabilities: AXL's short term assets ($2.0B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: AXL's short term assets ($2.0B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: AXL's net debt to equity ratio (375.4%) is considered high.
Reducing Debt: AXL's debt to equity ratio has increased from 256.5% to 461.3% over the past 5 years.
Debt Coverage: AXL's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: AXL's interest payments on its debt are not well covered by EBIT (1x coverage).