Cash Ratio Analysis of American Axle & Manufacturing - Deep Dive


Cash Ratio of AXL
Dec-23
0.433
Poor Cash Ratio
Dec-22
0.426
Poor Cash Ratio
Growth
1.45
%
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
CodePricePrevious PricePrice ChangeSector
AXL7.647.52 1.60 % Auto Parts
Fundamental AnalysisTechnical Analysis
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 Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Cash Ratio of American Axle & Manufacturing
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.4330.4260.5100.5690.5180.3510.310
Change1.45 %-16.39 %-10.31 %9.73 %47.62 %13.35 %-58.06 %
You are view first 7 Records. Log in to view all 26 in Premium view
FY Chart of Cash Ratio of American Axle & Manufacturing


Note : All Data Generated at the End of Trading Hours (EOD Data)