American Other Current Assets from 2010 to 2025

AXL Stock  USD 4.19  0.10  2.33%   
American Axle Other Current Assets yearly trend continues to be quite stable with very little volatility. The value of Other Current Assets are projected to decrease to about 117.6 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1999-03-31
Previous Quarter
185.5 M
Current Value
232.1 M
Quarterly Volatility
85.9 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 280.7 M, Interest Expense of 99.3 M or Selling General Administrative of 276.8 M, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.12 or PTB Ratio of 1.16. American financial statements analysis is a perfect complement when working with American Axle Valuation or Volatility modules.
  
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Check out the analysis of American Axle Correlation against competitors.

Latest American Axle's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of American Axle Manufacturing over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. American Axle's Other 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

American Other Current Assets Regression Statistics

Arithmetic Mean138,660,602
Geometric Mean126,105,557
Coefficient Of Variation37.13
Mean Deviation40,051,898
Median140,300,000
Standard Deviation51,491,098
Sample Variance2651.3T
Range180.5M
R-Value0.45
Mean Square Error2276T
R-Squared0.20
Significance0.08
Slope4,821,977
Total Sum of Squares39770T

American Other Current Assets History

2025117.6 M
2024185.5 M
2023185.3 M
2022197.8 M
2021152.6 M
2020203.6 M
2019136.8 M

About American Axle Financial Statements

American Axle investors utilize fundamental indicators, such as Other 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
Other Current Assets185.5 M117.6 M

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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.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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
(0.66)
Earnings Share
0.18
Revenue Per Share
50.387
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0301
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.