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
GATX (NYSE:GATX) Seems To Be Using A Lot Of Debt
Dec 11
Is GATX (NYSE:GATX) A Risky Investment?
Apr 14GATX (NYSE:GATX) Has No Shortage Of Debt
Jan 13Recent updates
GATX (NYSE:GATX) Seems To Be Using A Lot Of Debt
Dec 11Some Confidence Is Lacking In GATX Corporation's (NYSE:GATX) P/E
Nov 25Should You Investigate GATX Corporation (NYSE:GATX) At US$153?
Nov 10Earnings Beat: GATX Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Oct 25Does GATX (NYSE:GATX) Deserve A Spot On Your Watchlist?
Sep 27Shareholders Should Be Pleased With GATX Corporation's (NYSE:GATX) Price
Aug 10GATX Corporation Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next
Jul 26Here's Why We Think GATX (NYSE:GATX) Is Well Worth Watching
Jun 22Is Now An Opportune Moment To Examine GATX Corporation (NYSE:GATX)?
May 21GATX Corporation: Not A Great Ride To Take
May 11Investors Shouldn't Be Too Comfortable With GATX's (NYSE:GATX) Earnings
May 03Results: GATX Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 27GATX Corporation: Strong Utilization Rates And Pricing Fuel New Gains
Apr 26Is GATX (NYSE:GATX) A Risky Investment?
Apr 14Some Shareholders Feeling Restless Over GATX Corporation's (NYSE:GATX) P/E Ratio
Mar 29Return Trends At GATX (NYSE:GATX) Aren't Appealing
Mar 14GATX Corporation: Solid Q4 Results And Looking Good For FY24 [Technical Analysis]
Feb 06GATX Corporation (NYSE:GATX) Just Reported And Analysts Have Been Lifting Their Price Targets
Jan 26GATX (NYSE:GATX) Has No Shortage Of Debt
Jan 13GATX Corporation's (NYSE:GATX) Popularity With Investors Is Under Threat From Overpricing
Dec 29Treasuries - More Reward, Less Risk Than GATX Corporation
Nov 15GATX: Closer, But Not Yet
Oct 10GATX: Interesting, But Too Risky
Jul 18GATX: Railcar Leasing Firm Is An Overlooked Capital Gains Candidate
Feb 08GATX Q4 2022 Earnings Preview
Jan 23Financial Position Analysis
Short Term Liabilities: GATX's short term assets ($717.6M) exceed its short term liabilities ($236.3M).
Long Term Liabilities: GATX's short term assets ($717.6M) do not cover its long term liabilities ($9.7B).
Debt to Equity History and Analysis
Debt Level: GATX's net debt to equity ratio (320.3%) is considered high.
Reducing Debt: GATX's debt to equity ratio has increased from 262.7% to 341% over the past 5 years.
Debt Coverage: GATX's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: GATX's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:15 |
| End of Day Share Price | 2024/12/20 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
GATX Corporation is covered by 19 analysts. 3 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 |
|---|---|
| Kristine Kubacki | Avondale Partners |
| Matthew Brooklier | Buckingham Research Group Inc. |
| Kristine Kubacki | CLSA |