American Long Term Investments vs Short Term Debt Analysis
AXL Stock | USD 6.58 0.20 3.13% |
American Axle financial indicator trend analysis is way more than just evaluating American Axle Manufa prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Axle Manufa is a good investment. Please check the relationship between American Axle Long Term Investments and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Axle Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Long Term Investments vs Short Term Debt
Long Term Investments vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Axle Manufa Long Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between American Axle's Long Term Investments and Short Term Debt is 0.63. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of American Axle Manufacturing, assuming nothing else is changed. The correlation between historical values of American Axle's Long Term Investments and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of American Axle Manufacturing are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Investments i.e., American Axle's Long Term Investments and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of American Axle balance sheet that represents investments American Axle Manufa intends to hold for over a year. American Axle Manufacturing long term investments may include different instruments such as stocks, bonds, real estate and cash.Short Term Debt
Most indicators from American Axle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Axle Manufa current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Axle Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, American Axle's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.05 this year, although the value of Selling General Administrative will most likely fall to about 271.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 722.7M | 704.9M | 624.3M | 512.9M | Total Revenue | 5.2B | 5.8B | 6.1B | 4.2B |
American Axle fundamental ratios Correlations
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American Axle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Axle fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 5.9B | 5.6B | 5.5B | 5.4B | 3.9B | |
Short Long Term Debt Total | 3.6B | 3.6B | 3.2B | 3.0B | 3.0B | 1.8B | |
Other Current Liab | 355.3M | 331.4M | 337.3M | 319.7M | 350.4M | 260.0M | |
Total Current Liabilities | 1.0B | 979.3M | 1.0B | 1.2B | 1.2B | 782.9M | |
Total Stockholder Equity | 977.6M | 370.5M | 457.8M | 627.3M | 604.9M | 489.1M | |
Property Plant And Equipment Net | 2.4B | 2.3B | 2.1B | 2.0B | 1.9B | 1.7B | |
Net Debt | 3.1B | 3.0B | 2.7B | 2.5B | 2.5B | 1.6B | |
Retained Earnings | 248.6M | (319.8M) | (313.9M) | (249.6M) | (283.2M) | (269.0M) | |
Accounts Payable | 623.5M | 578.9M | 612.8M | 734M | 773.9M | 480.1M | |
Cash | 532M | 557M | 530.2M | 511.5M | 519.9M | 545.9M | |
Non Current Assets Total | 4.8B | 4.0B | 3.8B | 3.5B | 3.3B | 2.7B | |
Non Currrent Assets Other | 577.4M | 447.7M | 456.7M | 535.6M | 582.7M | 611.8M | |
Cash And Short Term Investments | 532M | 557M | 530.2M | 511.5M | 519.9M | 262.1M | |
Net Receivables | 815.4M | 793.2M | 762.8M | 820.2M | 818.5M | 515.6M | |
Common Stock Shares Outstanding | 112.3M | 113.1M | 114.1M | 115.5M | 116.6M | 81.4M | |
Liabilities And Stockholders Equity | 6.6B | 5.9B | 5.6B | 5.5B | 5.4B | 3.9B | |
Non Current Liabilities Total | 4.6B | 4.6B | 4.1B | 3.6B | 3.5B | 2.6B | |
Inventory | 373.6M | 323.2M | 410.4M | 463.9M | 482.9M | 269.4M | |
Other Current Assets | 136.8M | 203.6M | 152.6M | 197.8M | 185.3M | 102.9M | |
Other Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.2B | 1.1B | 600.0M | |
Total Liab | 5.7B | 5.5B | 5.2B | 4.8B | 4.8B | 3.4B | |
Property Plant And Equipment Gross | 2.4B | 2.3B | 2.1B | 2.0B | 4.8B | 5.1B | |
Total Current Assets | 1.9B | 1.9B | 1.9B | 2.0B | 2.0B | 1.2B | |
Accumulated Other Comprehensive Income | (376.8M) | (432.2M) | (364.8M) | (275.4M) | (262.9M) | (276.0M) | |
Intangible Assets | 864.5M | 780.7M | 697.2M | 616.2M | 532.8M | 366.1M | |
Other Liab | 906.4M | 1.0B | 952.4M | 618.1M | 710.8M | 824.5M | |
Other Assets | 744.1M | 911M | 778.9M | 668M | 768.2M | 517.4M | |
Long Term Debt | 3.6B | 3.4B | 3.1B | 2.8B | 2.8B | 1.9B | |
Good Will | 699.1M | 185.7M | 183.8M | 181.6M | 182.1M | 311.9M | |
Treasury Stock | (209.3M) | (212M) | (216.3M) | (218.2M) | (196.4M) | (206.2M) | |
Property Plant Equipment | 2.4B | 2.2B | 2.0B | 1.9B | 2.2B | 1.7B | |
Current Deferred Revenue | 44.3M | 18.9M | 23.4M | 28.1M | 16.6M | 27.6M | |
Short Term Debt | 28.7M | 39.6M | 49.7M | 110M | 50.1M | 42.7M | |
Net Tangible Assets | (586M) | (595.9M) | (423.2M) | (170.5M) | (153.5M) | (161.1M) | |
Noncontrolling Interest In Consolidated Entity | 4M | 2.4M | 2.8M | 2.7M | 3.1M | 2.0M | |
Retained Earnings Total Equity | 248.6M | (319.8M) | (313.9M) | (249.6M) | (287.0M) | (272.7M) | |
Long Term Debt Total | 3.6B | 3.5B | 3.1B | 2.8B | 3.3B | 2.7B |
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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.