American Total Current Assets from 2010 to 2024

AXL Stock  USD 6.58  0.20  3.13%   
American Axle Total Current Assets yearly trend continues to be quite stable with very little volatility. The value of Total Current Assets are projected to decrease to about 1.2 B. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1999-03-31
Previous Quarter
2.1 B
Current Value
2.1 B
Quarterly Volatility
630.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Axle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Axle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 278 M, Interest Expense of 211.8 M or Selling General Administrative of 271.1 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.12 or PTB Ratio of 2.9. American financial statements analysis is a perfect complement when working with American Axle Valuation or Volatility modules.
  
Check out the analysis of American Axle Correlation against competitors.

Latest American Axle's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of American Axle Manufacturing over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. American Axle's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Axle's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

American Total Current Assets Regression Statistics

Arithmetic Mean1,416,499,410
Geometric Mean1,277,615,112
Coefficient Of Variation39.27
Mean Deviation486,680,550
Median1,336,500,000
Standard Deviation556,274,468
Sample Variance309441.3T
Range1.7B
R-Value0.77
Mean Square Error134478T
R-Squared0.60
Significance0.0007
Slope96,064,779
Total Sum of Squares4332178T

American Total Current Assets History

20241.2 B
2023B
2022B
20211.9 B
20201.9 B
20191.9 B
2018B

About American Axle Financial Statements

American Axle investors utilize fundamental indicators, such as Total Current Assets, to predict how American Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current AssetsB1.2 B

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When determining whether American Axle Manufa is a strong investment it is important to analyze American Axle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Axle's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out the analysis of American Axle Correlation against competitors.
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Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Axle. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Axle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.204
Earnings Share
0.23
Revenue Per Share
52.894
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0307
The market value of American Axle Manufa is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Axle's value that differs from its market value or its book value, called intrinsic value, which is American Axle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Axle's market value can be influenced by many factors that don't directly affect American Axle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Axle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Axle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Axle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.