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
Is GATX (NYSE:GATX) A Risky Investment?
Apr 14
GATX (NYSE:GATX) Has No Shortage Of Debt
Jan 13Here's Why GATX (NYSE:GATX) Is Weighed Down By Its Debt Load
Sep 24GATX (NYSE:GATX) Use Of Debt Could Be Considered Risky
Jun 09Here's Why GATX (NYSE:GATX) Is Weighed Down By Its Debt Load
Mar 09Does GATX (NYSE:GATX) Have A Healthy Balance Sheet?
Dec 07Recent updates
Here'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 29The Returns On Capital At GATX (NYSE:GATX) Don't Inspire Confidence
Dec 14Why GATX Corporation (NYSE:GATX) Could Be Worth Watching
Nov 29Treasuries - More Reward, Less Risk Than GATX Corporation
Nov 15With EPS Growth And More, GATX (NYSE:GATX) Makes An Interesting Case
Nov 11GATX: Closer, But Not Yet
Oct 10Here's Why GATX (NYSE:GATX) Is Weighed Down By Its Debt Load
Sep 24Slowing Rates Of Return At GATX (NYSE:GATX) Leave Little Room For Excitement
Sep 06At US$122, Is It Time To Put GATX Corporation (NYSE:GATX) On Your Watch List?
Aug 16Do GATX's (NYSE:GATX) Earnings Warrant Your Attention?
Jul 31GATX: Interesting, But Too Risky
Jul 18GATX (NYSE:GATX) Use Of Debt Could Be Considered Risky
Jun 09GATX's (NYSE:GATX) Upcoming Dividend Will Be Larger Than Last Year's
Jun 09GATX (NYSE:GATX) Has More To Do To Multiply In Value Going Forward
May 22GATX's (NYSE:GATX) Dividend Will Be Increased To $0.55
May 04What Is GATX Corporation's (NYSE:GATX) Share Price Doing?
Apr 28Here's Why GATX (NYSE:GATX) Is Weighed Down By Its Debt Load
Mar 09GATX: Railcar Leasing Firm Is An Overlooked Capital Gains Candidate
Feb 08GATX (NYSE:GATX) Has Announced That It Will Be Increasing Its Dividend To $0.55
Feb 02GATX Q4 2022 Earnings Preview
Jan 23Is It Time To Consider Buying GATX Corporation (NYSE:GATX)?
Jan 22Investors Could Be Concerned With GATX's (NYSE:GATX) Returns On Capital
Jan 06Does GATX (NYSE:GATX) Have A Healthy Balance Sheet?
Dec 07GATX Q3 2022 Earnings Preview
Oct 24What Is GATX Corporation's (NYSE:GATX) Share Price Doing?
Oct 18GATX in long-term railcar pact with Trinity for 15K railcars through 2028
Oct 03Some Investors May Be Worried About GATX's (NYSE:GATX) Returns On Capital
Sep 26GATX declares $0.52 dividend
Jul 29Financial Position Analysis
Short Term Liabilities: GATX's short term assets ($708.7M) exceed its short term liabilities ($238.6M).
Long Term Liabilities: GATX's short term assets ($708.7M) do not cover its long term liabilities ($9.0B).
Debt to Equity History and Analysis
Debt Level: GATX's net debt to equity ratio (308.2%) is considered high.
Reducing Debt: GATX's debt to equity ratio has increased from 264.7% to 328.9% over the past 5 years.
Debt Coverage: GATX's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: GATX's interest payments on its debt are not well covered by EBIT (1.5x coverage).