Axalta Coating Systems Balance Sheet Health
Financial Health criteria checks 3/6
Axalta Coating Systems has a total shareholder equity of $2.0B and total debt of $3.4B, which brings its debt-to-equity ratio to 172.1%. Its total assets and total liabilities are $7.2B and $5.3B respectively. Axalta Coating Systems's EBIT is $776.0M making its interest coverage ratio 3.5. It has cash and short-term investments of $593.0M.
Key information
172.1%
Debt to equity ratio
US$3.37b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$593.00m |
| Equity | US$1.96b |
| Total liabilities | US$5.29b |
| Total assets | US$7.25b |
Recent financial health updates
Is Axalta Coating Systems (NYSE:AXTA) A Risky Investment?
Dec 11
Does Axalta Coating Systems (NYSE:AXTA) Have A Healthy Balance Sheet?
Aug 22These 4 Measures Indicate That Axalta Coating Systems (NYSE:AXTA) Is Using Debt Reasonably Well
May 04Recent updates
Sentiment Still Eluding Axalta Coating Systems Ltd. (NYSE:AXTA)
Apr 11Axalta Coating Systems' (NYSE:AXTA) Returns On Capital Are Heading Higher
Mar 28An Intrinsic Calculation For Axalta Coating Systems Ltd. (NYSE:AXTA) Suggests It's 49% Undervalued
Mar 14Does Axalta Coating Systems (NYSE:AXTA) Deserve A Spot On Your Watchlist?
Feb 28Axalta Coating: Great Performance Yet Underappreciated.
Feb 09Is It Too Late To Consider Buying Axalta Coating Systems Ltd. (NYSE:AXTA)?
Feb 03Axalta Coating Systems Ltd. (NYSE:AXTA) Not Flying Under The Radar
Jan 07Is Axalta Coating Systems (NYSE:AXTA) A Risky Investment?
Dec 11Should You Be Adding Axalta Coating Systems (NYSE:AXTA) To Your Watchlist Today?
Nov 28Is Axalta Coating Systems Ltd. (NYSE:AXTA) Trading At A 30% Discount?
Nov 14At US$35.22, Is Axalta Coating Systems Ltd. (NYSE:AXTA) Worth Looking At Closely?
Oct 26Axalta Coating Systems (NYSE:AXTA) Is Experiencing Growth In Returns On Capital
Sep 25Why Investors Shouldn't Be Surprised By Axalta Coating Systems Ltd.'s (NYSE:AXTA) P/E
Sep 10Axalta's Self-Improvement Not Yet Fully Rewarded
Aug 29
Strategic Acquisitions And Sustainable Innovation Fuel Growth In Automotive Refinish Market
Aug 27 Axalta's strategic focus on productivity, smart acquisitions, and expansion in key markets is set to boost operating efficiency and revenue growth.Does Axalta Coating Systems (NYSE:AXTA) Have A Healthy Balance Sheet?
Aug 22Axalta Coating Systems' (NYSE:AXTA) Solid Earnings Are Supported By Other Strong Factors
Aug 09Earnings Update: Axalta Coating Systems Ltd. (NYSE:AXTA) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Aug 04Should You Think About Buying Axalta Coating Systems Ltd. (NYSE:AXTA) Now?
Jun 26Should You Be Adding Axalta Coating Systems (NYSE:AXTA) To Your Watchlist Today?
Jun 14Why Investors Shouldn't Be Surprised By Axalta Coating Systems Ltd.'s (NYSE:AXTA) P/E
Jun 02Axalta Coating: Painting A Prettier Picture Here
May 15These 4 Measures Indicate That Axalta Coating Systems (NYSE:AXTA) Is Using Debt Reasonably Well
May 04Slowing Rates Of Return At Axalta Coating Systems (NYSE:AXTA) Leave Little Room For Excitement
Apr 22Axalta Coating Systems: Positive Refinish And Mobility Coating Outlook
Mar 10Axalta Coating Systems: Some Signs Of Life In The Last Report
Dec 27Axalta Coating Systems Not Quite Reassuring
Sep 10Axalta Coating Systems: Share Price Rise Triggers Sell Rating
Jun 15Financial Position Analysis
Short Term Liabilities: AXTA's short term assets ($2.7B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: AXTA's short term assets ($2.7B) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: AXTA's net debt to equity ratio (141.8%) is considered high.
Reducing Debt: AXTA's debt to equity ratio has reduced from 269.6% to 172.1% over the past 5 years.
Debt Coverage: AXTA's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: AXTA's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/15 23:22 |
| End of Day Share Price | 2025/04/15 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Axalta Coating Systems Ltd. is covered by 29 analysts. 18 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 |
|---|---|
| Ghansham Panjabi | Baird |
| Ishan Majumdar | Baptista Research |
| Patrick Duffy Fischer | Barclays |