Axalta Net Debt vs Intangible Assets Analysis
AXTA Stock | USD 39.78 0.89 2.29% |
Axalta Coating financial indicator trend analysis is way more than just evaluating Axalta Coating Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axalta Coating Systems is a good investment. Please check the relationship between Axalta Coating Net Debt and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Net Debt vs Intangible Assets
Net Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axalta Coating Systems Net Debt account and Intangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Axalta Coating's Net Debt and Intangible Assets is 0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Axalta Coating Systems, assuming nothing else is changed. The correlation between historical values of Axalta Coating's Net Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Axalta Coating Systems are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Debt i.e., Axalta Coating's Net Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Axalta Coating's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axalta Coating Systems 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 Axalta Coating Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, Axalta Coating's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.95, whereas Selling General Administrative is forecasted to decline to about 705.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.4B | 5.2B | 5.4B | Total Revenue | 4.4B | 4.9B | 5.2B | 4.8B |
Axalta Coating fundamental ratios Correlations
Click cells to compare fundamentals
Axalta Coating Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axalta Coating fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 235.8M | 236M | 231.9M | 222.3M | 221.9M | 187.0M | |
Total Assets | 6.8B | 7.2B | 7.2B | 7.1B | 7.3B | 7.0B | |
Short Long Term Debt Total | 3.8B | 3.9B | 3.8B | 3.7B | 3.5B | 3.7B | |
Other Current Liab | 545.3M | 477.1M | 517.2M | 458.1M | 643.3M | 675.5M | |
Total Current Liabilities | 1.1B | 1.2B | 1.3B | 1.4B | 1.4B | 1.2B | |
Total Stockholder Equity | 1.4B | 1.4B | 1.5B | 1.5B | 1.7B | 1.5B | |
Other Liab | 454.1M | 658M | 593.7M | 425.8M | 489.7M | 497.1M | |
Property Plant And Equipment Net | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | 1.0B | |
Net Debt | 2.8B | 2.5B | 3.0B | 3.1B | 2.8B | 3.0B | |
Accounts Payable | 483.7M | 564.4M | 657.4M | 733.5M | 665.3M | 588.9M | |
Cash | 1.0B | 1.4B | 840.6M | 645.2M | 699.8M | 725.8M | |
Non Current Assets Total | 4.2B | 4.2B | 4.6B | 4.4B | 4.5B | 4.5B | |
Non Currrent Assets Other | 424.9M | 367.8M | 584.5M | 399.8M | 249.9M | 333.4M | |
Other Assets | 491M | 596M | 584.5M | 462.4M | 531.8M | 531.5M | |
Cash And Short Term Investments | 1.0B | 1.4B | 840.6M | 645.2M | 699.8M | 725.8M | |
Net Receivables | 830.1M | 869.8M | 937.5M | 1.1B | 1.3B | 986.1M | |
Good Will | 1.2B | 1.3B | 1.6B | 1.5B | 1.6B | 1.3B | |
Liabilities And Stockholders Equity | 6.8B | 7.2B | 7.2B | 7.1B | 7.3B | 7.0B | |
Non Current Liabilities Total | 4.3B | 4.5B | 4.3B | 4.2B | 4.1B | 4.3B | |
Inventory | 591.6M | 559.9M | 669.7M | 829.6M | 741.1M | 663.1M | |
Other Current Assets | 134.2M | 135.3M | 127.8M | 140.8M | 120.5M | 120.7M | |
Other Stockholder Equity | 1.1B | 1.0B | 828.3M | 649.2M | 631.6M | 881.2M | |
Total Liab | 5.4B | 5.7B | 5.7B | 5.6B | 5.5B | 5.5B | |
Property Plant And Equipment Gross | 1.3B | 1.3B | 2.4B | 2.5B | 2.6B | 1.8B | |
Total Current Assets | 2.6B | 2.9B | 2.6B | 2.7B | 2.8B | 2.5B | |
Accumulated Other Comprehensive Income | (395.5M) | (424.8M) | (414.4M) | (466.9M) | (444.2M) | (466.4M) | |
Short Term Debt | 42.2M | 43.9M | 83M | 106.9M | 56.9M | 52.8M | |
Intangible Assets | 1.2B | 1.1B | 1.3B | 1.1B | 1.1B | 1.3B | |
Property Plant Equipment | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | 1.0B | |
Retained Earnings | 443.2M | 563.3M | 827.2M | 1.0B | 1.3B | 1.4B | |
Long Term Debt | 3.8B | 3.8B | 3.7B | 3.7B | 3.5B | 4.0B | |
Common Stock Total Equity | 249.9M | 250.9M | 251.8M | 252.4M | 290.3M | 267.1M | |
Common Stock | 249.9M | 250.9M | 251.8M | 252.4M | 253.7M | 268.2M | |
Net Tangible Assets | (1.1B) | (1.0B) | (1.4B) | (1.2B) | (1.0B) | (1.1B) | |
Noncontrolling Interest In Consolidated Entity | 55.4M | 46.8M | 45.8M | 46M | 41.4M | 61.1M | |
Retained Earnings Total Equity | 443.2M | 563.3M | 827.2M | 1.0B | 1.2B | 1.2B | |
Long Term Debt Total | 3.8B | 3.8B | 3.7B | 3.7B | 4.2B | 4.0B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Axalta Coating Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axalta Coating's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axalta Coating Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axalta Coating Systems Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Specialty Chemicals 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 Axalta Coating. If investors know Axalta 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 Axalta Coating 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 0.412 | Earnings Share 1.48 | Revenue Per Share 23.932 | Quarterly Revenue Growth 0.008 | Return On Assets 0.0672 |
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.