American Property Plant Equipment vs Cash And Equivalents Analysis

AXL Stock  USD 6.49  0.08  1.25%   
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 Property Plant Equipment and its Cash And Equivalents 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 discontinued.

Property Plant Equipment vs Cash And Equivalents

Property Plant Equipment vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Axle Manufa Property Plant Equipment account and Cash And Equivalents. At this time, the significance of the direction appears to have almost no relationship.
The correlation between American Axle's Property Plant Equipment and Cash And Equivalents is 0.18. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash And Equivalents 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 Property Plant Equipment and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of American Axle Manufacturing are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Property Plant Equipment i.e., American Axle's Property Plant Equipment and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Cash And Equivalents

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 discontinued.
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 276.8 M.
 2023 2024 2025 2026 (projected)
Gross Profit624.3M741.4M852.6M524.1M
Total Revenue6.1B6.1B7.0B4.3B

American Axle fundamental ratios Correlations

0.980.860.910.880.970.970.450.910.690.990.620.690.970.820.980.830.360.780.990.430.910.840.920.840.45
0.980.870.90.80.980.990.310.90.680.960.680.680.950.860.980.850.410.80.990.430.920.880.930.880.39
0.860.870.940.670.840.810.120.910.830.770.80.830.870.970.830.920.550.870.870.710.950.970.70.970.22
0.910.90.940.770.880.870.230.990.750.840.70.750.930.930.860.970.510.840.910.630.960.940.780.950.21
0.880.80.670.770.820.80.760.790.570.90.350.570.850.570.780.670.070.630.80.380.740.610.840.620.27
0.970.980.840.880.820.970.320.870.730.950.730.730.910.820.960.820.420.860.960.490.880.840.950.840.35
0.970.990.810.870.80.970.330.880.60.970.630.60.930.80.980.80.390.770.980.390.860.820.950.820.41
0.450.310.120.230.760.320.330.270.070.53-0.270.070.42-0.020.340.1-0.460.010.32-0.150.220.040.420.030.28
0.910.90.910.990.790.870.880.270.690.860.640.690.930.90.860.970.490.820.910.610.940.910.790.920.21
0.690.680.830.750.570.730.60.070.690.60.881.00.70.80.650.730.570.890.690.750.820.80.520.810.19
0.990.960.770.840.90.950.970.530.860.60.540.60.940.720.970.740.290.720.960.360.830.750.950.750.5
0.620.680.80.70.350.730.63-0.270.640.880.540.880.60.820.660.70.740.910.680.750.740.790.550.810.2
0.690.680.830.750.570.730.60.070.691.00.60.880.70.80.650.730.570.890.690.750.820.80.520.810.19
0.970.950.870.930.850.910.930.420.930.70.940.60.70.850.950.860.390.750.970.430.950.870.830.870.46
0.820.860.970.930.570.820.8-0.020.90.80.720.820.80.850.820.940.620.850.870.640.960.990.660.990.22
0.980.980.830.860.780.960.980.340.860.650.970.660.650.950.820.780.410.750.990.370.890.840.910.840.55
0.830.850.920.970.670.820.80.10.970.730.740.70.730.860.940.780.530.830.840.660.940.950.690.950.06
0.360.410.550.510.070.420.39-0.460.490.570.290.740.570.390.620.410.530.710.440.720.490.580.280.60.18
0.780.80.870.840.630.860.770.010.820.890.720.910.890.750.850.750.830.710.790.830.830.840.720.860.13
0.990.990.870.910.80.960.980.320.910.690.960.680.690.970.870.990.840.440.790.430.920.880.90.880.49
0.430.430.710.630.380.490.39-0.150.610.750.360.750.750.430.640.370.660.720.830.430.570.620.340.64-0.13
0.910.920.950.960.740.880.860.220.940.820.830.740.820.950.960.890.940.490.830.920.570.970.740.970.28
0.840.880.970.940.610.840.820.040.910.80.750.790.80.870.990.840.950.580.840.880.620.970.691.00.21
0.920.930.70.780.840.950.950.420.790.520.950.550.520.830.660.910.690.280.720.90.340.740.690.70.35
0.840.880.970.950.620.840.820.030.920.810.750.810.810.870.990.840.950.60.860.880.640.971.00.70.21
0.450.390.220.210.270.350.410.280.210.190.50.20.190.460.220.550.060.180.130.49-0.130.280.210.350.21
Click cells to compare fundamentals

American Axle Account Relationship Matchups

American Axle fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets5.6B5.5B5.4B5.1B5.8B3.9B
Short Long Term Debt Total3.2B3.1B2.9B2.7B3.1B1.9B
Other Current Liab355.6M319.7M372.2M389.8M448.3M273.2M
Total Current Liabilities1.0B1.2B1.2B1.2B1.4B801.8M
Total Stockholder Equity457.8M627.3M604.9M562.8M647.2M493.9M
Property Plant And Equipment Net2.1B2.0B1.9B1.7B2.0B1.7B
Net Debt2.7B2.6B2.4B2.2B2.5B1.6B
Retained Earnings(313.9M)(249.6M)(283.2M)(248.2M)(223.4M)(212.2M)
Accounts Payable612.8M734M773.9M700.5M805.6M490.6M
Cash530.2M511.5M519.9M552.9M635.8M667.6M
Non Current Assets Total3.8B3.5B3.3B3.1B3.6B2.7B
Non Currrent Assets Other657.8M535.6M588.9M576.5M663.0M696.1M
Cash And Short Term Investments530.2M511.5M519.9M552.9M635.8M667.6M
Net Receivables762.8M820.2M818.5M709.1M815.5M525.3M
Common Stock Shares Outstanding118M115.5M116.6M121.9M140.2M83.5M
Liabilities And Stockholders Equity5.6B5.5B5.4B5.1B5.8B3.9B
Non Current Liabilities Total4.1B3.6B3.5B3.3B3.8B2.6B
Inventory410.4M463.9M482.9M442.5M508.9M277.4M
Other Current Assets152.6M197.8M185.3M210.3M241.8M253.9M
Other Stockholder Equity1.1B1.2B1.1B1.2B1.3B1.4B
Total Liab5.2B4.8B4.8B4.5B5.2B3.4B
Property Plant And Equipment Gross2.1B2.0B4.8B4.7B5.5B5.7B
Total Current Assets1.9B2.0B2.0B1.9B2.2B1.2B
Accumulated Other Comprehensive Income(364.8M)(275.4M)(262.9M)(352.2M)(317.0M)(301.1M)
Intangible Assets697.3M616.2M532.8M456.7M525.2M365.0M
Other Liab906.4M1.0B952.4M618.1M710.8M824.5M
Other Assets(100K)668M758.3M1.01.151.09
Long Term Debt3.1B2.8B2.8B2.6B3.0B1.9B
Good Will183.8M181.6M182.1M172M197.8M307.0M
Treasury Stock(209.3M)(212M)(216.3M)(218.2M)(196.4M)(206.2M)
Property Plant Equipment2.0B1.9B1.9B1.7B2.0B1.7B
Short Term Debt43.4M110M38.9M70.7M81.3M43.8M
Net Tangible Assets(586M)(595.9M)(423.2M)(170.5M)(153.5M)(161.1M)
Retained Earnings Total Equity248.6M(319.8M)(313.9M)(249.6M)(287.0M)(272.7M)
Long Term Debt Total3.1B2.8B2.8B2.7B3.1B2.7B

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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 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 discontinued.
You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.
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
(0.12)
Earnings Share
0.34
Revenue Per Share
49.395
Return On Assets
0.0295
Return On Equity
0.0628
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.