Axalta Coating Systems Balance Sheet Health
Financial Health criteria checks 3/6
Axalta Coating Systems has a total shareholder equity of $1.8B and total debt of $3.6B, which brings its debt-to-equity ratio to 198.5%. Its total assets and total liabilities are $7.3B and $5.5B respectively. Axalta Coating Systems's EBIT is $726.6M making its interest coverage ratio 3.2. It has cash and short-term investments of $840.0M.
Key information
198.5%
Debt to equity ratio
US$3.61b
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$840.00m |
| Equity | US$1.82b |
| Total liabilities | US$5.49b |
| Total assets | US$7.31b |
Recent financial health updates
Does Axalta Coating Systems (NYSE:AXTA) Have A Healthy Balance Sheet?
Aug 22
These 4 Measures Indicate That Axalta Coating Systems (NYSE:AXTA) Is Using Debt Reasonably Well
May 04Axalta Coating Systems (NYSE:AXTA) Seems To Use Debt Quite Sensibly
Jan 07These 4 Measures Indicate That Axalta Coating Systems (NYSE:AXTA) Is Using Debt Reasonably Well
Sep 18These 4 Measures Indicate That Axalta Coating Systems (NYSE:AXTA) Is Using Debt Extensively
May 25Axalta Coating Systems (NYSE:AXTA) Has A Somewhat Strained Balance Sheet
Feb 13Recent updates
Axalta 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 29Does 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 22Are Investors Undervaluing Axalta Coating Systems Ltd. (NYSE:AXTA) By 26%?
Mar 28Here's Why We Think Axalta Coating Systems (NYSE:AXTA) Might Deserve Your Attention Today
Mar 16Axalta Coating Systems: Positive Refinish And Mobility Coating Outlook
Mar 10What Is Axalta Coating Systems Ltd.'s (NYSE:AXTA) Share Price Doing?
Mar 04Axalta Coating Systems Ltd. (NYSE:AXTA) Not Lagging Market On Growth Or Pricing
Jan 20Axalta Coating Systems (NYSE:AXTA) Seems To Use Debt Quite Sensibly
Jan 07Axalta Coating Systems: Some Signs Of Life In The Last Report
Dec 27Is There An Opportunity With Axalta Coating Systems Ltd.'s (NYSE:AXTA) 25% Undervaluation?
Dec 25Is Now The Time To Put Axalta Coating Systems (NYSE:AXTA) On Your Watchlist?
Dec 13Returns At Axalta Coating Systems (NYSE:AXTA) Appear To Be Weighed Down
Dec 01Is Axalta Coating Systems Ltd. (NYSE:AXTA) Potentially Undervalued?
Oct 02These 4 Measures Indicate That Axalta Coating Systems (NYSE:AXTA) Is Using Debt Reasonably Well
Sep 18Axalta Coating Systems Not Quite Reassuring
Sep 10Is There An Opportunity With Axalta Coating Systems Ltd.'s (NYSE:AXTA) 23% Undervaluation?
Sep 04Should You Be Adding Axalta Coating Systems (NYSE:AXTA) To Your Watchlist Today?
Aug 22Returns At Axalta Coating Systems (NYSE:AXTA) Appear To Be Weighed Down
Aug 01Axalta Coating Systems: Share Price Rise Triggers Sell Rating
Jun 15Is It Too Late To Consider Buying Axalta Coating Systems Ltd. (NYSE:AXTA)?
Jun 07These 4 Measures Indicate That Axalta Coating Systems (NYSE:AXTA) Is Using Debt Extensively
May 25Calculating The Intrinsic Value Of Axalta Coating Systems Ltd. (NYSE:AXTA)
May 09Returns On Capital At Axalta Coating Systems (NYSE:AXTA) Have Hit The Brakes
Apr 26What Is Axalta Coating Systems Ltd.'s (NYSE:AXTA) Share Price Doing?
Feb 28Axalta Coating Systems (NYSE:AXTA) Has A Somewhat Strained Balance Sheet
Feb 13Axalta Gaining Share And Catching Up On Margins
Jan 31Calculating The Fair Value Of Axalta Coating Systems Ltd. (NYSE:AXTA)
Jan 26Hold Axalta Coating Systems A Little Bit Longer
Jan 20Axalta Coating Systems' (NYSE:AXTA) Returns Have Hit A Wall
Jan 11What Does Axalta Coating Systems Ltd.'s (NYSE:AXTA) Share Price Indicate?
Nov 26Is Axalta Coating Systems (NYSE:AXTA) Using Too Much Debt?
Nov 11Financial Position Analysis
Short Term Liabilities: AXTA's short term assets ($3.0B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: AXTA's short term assets ($3.0B) do not cover its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: AXTA's net debt to equity ratio (152.3%) is considered high.
Reducing Debt: AXTA's debt to equity ratio has reduced from 292.4% to 198.5% over the past 5 years.
Debt Coverage: AXTA's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: AXTA's interest payments on its debt are well covered by EBIT (3.2x coverage).