Axalta Coating Systems Financial Health
How is Axalta Coating Systems's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: AXTA's short term assets ($2.6B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: AXTA's short term assets ($2.6B) do not cover its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: AXTA's net debt to equity ratio (237.7%) is considered high.
Reducing Debt: AXTA's debt to equity ratio has reduced from 277.6% to 274.5% over the past 5 years.
Debt Coverage: AXTA's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: AXTA's interest payments on its debt are not well covered by EBIT (2.7x coverage).