Cash Ratio Analysis of American Axle & Manufacturing - Deep Dive
Cash Ratio of AXL
Dec-230.433Poor Cash Ratio | Dec-220.426Poor Cash Ratio | Growth1.45% |
Cash Ratio Analysis of American Axle & Manufacturing
Cash Ratio of American Axle & Manufacturing with value of 0.433 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities. |
Cash Ratio of AXL has grown by 1.45 % Compared to previous Financial Year. |
Cash Ratio with value of 0.569 was highest in Year Dec-20 in last Five Years. |
Cash Ratio with value of 0.426 was lowest in Year Dec-22 in last Five Years. |
Latest Cash Ratio with value of 0.433 is lower than Average Cash Ratio of 0.491 in last five years. |
Other Cash Ratio Related Info of AXL that may interest you.
American Axle & Manufacturing Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AXL | 7.64 | 7.52 | 1.60 % | Auto Parts |
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents. more ..Cash Ratio Related Ratios
CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
Poor Stability Stock |
FY - Historical Cash Ratio of American Axle & Manufacturing
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Cash Ratio | 0.433 | 0.426 | 0.510 | 0.569 | 0.518 | 0.351 | 0.310 |
Change | 1.45 % | -16.39 % | -10.31 % | 9.73 % | 47.62 % | 13.35 % | -58.06 % |
FY Chart of Cash Ratio of American Axle & Manufacturing
Note : All Data Generated at the End of Trading Hours (EOD Data)