Axalta Coating Financials

AXTA Stock  USD 40.53  0.14  0.34%   
Based on the key indicators obtained from Axalta Coating's historical financial statements, Axalta Coating Systems may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Axalta Coating's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 675.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 187 M. Key indicators impacting Axalta Coating's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.142.0287
Notably Up
Slightly volatile
Operating Income429.4 M587.5 M
Way Down
Slightly volatile
Current Ratio1.671.9764
Fairly Down
Pretty Stable
Investors should never underestimate Axalta Coating's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Axalta Coating's cash flow, debt, and profitability to make informed and accurate decisions about investing in Axalta Coating Systems.

Net Income

143.68 Million

  
Understanding current and past Axalta Coating Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Axalta Coating's financial statements are interrelated, with each one affecting the others. For example, an increase in Axalta Coating's assets may result in an increase in income on the income statement.
Please note, the presentation of Axalta Coating's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Axalta Coating's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Axalta Coating's management manipulating its earnings.

Axalta Coating Stock Summary

Axalta Coating competes with Direxion Daily, Collegium Pharmaceutical, KKR Co, IShares Dividend, and Eliem Therapeutics. Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Philadelphia, Pennsylvania. Axalta Coating operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 12000 people.
Specialization
Basic Materials, Specialty Chemicals
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINBMG0750C1082
CUSIPG0750C108
LocationPennsylvania; U.S.A
Business Address50 Applied Bank
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.axalta.com
Phone855 547 1461
CurrencyUSD - US Dollar

Axalta Coating Key Financial Ratios

Axalta Coating Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.8B7.2B7.2B7.1B7.3B7.0B
Other Current Liab545.3M477.1M517.2M458.1M643.3M675.5M
Other Liab454.1M658M593.7M425.8M489.7M497.1M
Net Debt2.8B2.5B3.0B3.1B2.8B3.0B
Accounts Payable483.7M564.4M657.4M733.5M665.3M588.9M
Cash1.0B1.4B840.6M645.2M699.8M725.8M
Other Assets491M596M584.5M462.4M531.8M531.5M
Net Receivables830.1M869.8M937.5M1.1B1.3B986.1M
Good Will1.2B1.3B1.6B1.5B1.6B1.3B
Inventory591.6M559.9M669.7M829.6M741.1M663.1M
Other Current Assets134.2M135.3M127.8M140.8M120.5M120.7M
Total Liab5.4B5.7B5.7B5.6B5.5B5.5B
Total Current Assets2.6B2.9B2.6B2.7B2.8B2.5B
Short Term Debt42.2M43.9M83M106.9M56.9M52.8M
Intangible Assets1.2B1.1B1.3B1.1B1.1B1.3B
Retained Earnings443.2M563.3M827.2M1.0B1.3B1.4B
Long Term Debt3.8B3.8B3.7B3.7B3.5B4.0B
Common Stock249.9M250.9M251.8M252.4M253.7M268.2M
Net Tangible Assets(1.1B)(1.0B)(1.4B)(1.2B)(1.0B)(1.1B)
Long Term Debt Total3.8B3.8B3.7B3.7B4.2B4.0B

Axalta Coating Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense162.6M149.9M134.2M139.8M213.3M162.0M
Total Revenue4.5B3.7B4.4B4.9B5.2B4.8B
Gross Profit1.6B1.3B1.4B1.4B5.2B5.4B
Operating Income488.2M305.5M462.4M423.2M587.5M429.4M
Ebit845.4M278M512.1M451.4M587.5M530.1M
Research Development70.2M55.2M62.4M66.4M74M64.1M
Ebitda845.6M598.3M828.6M754.5M587.5M705.8M
Cost Of Revenue2.9B2.5B3.0B3.5B3.6B3.2B
Income Before Tax330M122.2M340.5M257.3M354.7M218.2M
Net Income249M121.6M263.9M191.6M267.4M143.7M
Income Tax Expense77.4M200K76.1M65.1M86.2M50.9M
Minority Interest3.6M400K(500K)(600K)(900K)(855K)
Tax Provision77.4M200K76.1M65.1M71.5M52.4M
Net Interest Income(162.6M)(149.9M)(134.2M)(139.8M)(196.6M)(206.4M)

Axalta Coating Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory10.8M39.6M(111.6M)(195.4M)103.1M108.3M
Change In Cash324.1M343.5M(512.8M)(196.3M)48.2M43.5M
Free Cash Flow460.6M427.2M437M142.9M437.4M346.5M
Depreciation353M320.3M316.5M303.1M275.6M316.8M
Other Non Cash Items21.2M49M(6.8M)44.1M66.9M59.6M
Capital Expenditures112.5M82.1M121.6M150.9M137.9M140.7M
Net Income252.6M122M264.4M192.2M268.5M148.2M
End Period Cash Flow1.0B1.4B851.2M654.9M703.1M674.8M
Investments14.7M18.9M(716M)(106.4M)(103M)(108.2M)
Change Receivables(10.1M)(26M)(80.5M)(171M)(153.9M)(146.2M)
Net Borrowings(67.1M)(62.1M)(100.9M)(153M)(137.7M)(130.8M)
Dividends Paid1M1.5M900K14.4M16.6M17.4M
Change To Netincome22.5M(40.4M)17.2M20.6M18.5M17.6M

Axalta Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Axalta Coating's current stock value. Our valuation model uses many indicators to compare Axalta Coating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Axalta Coating competition to find correlations between indicators driving Axalta Coating's intrinsic value. More Info.
Axalta Coating Systems is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Axalta Coating Systems is roughly  2.71 . At present, Axalta Coating's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Axalta Coating's earnings, one of the primary drivers of an investment's value.

Axalta Coating Systems Systematic Risk

Axalta Coating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Axalta Coating volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Axalta Coating Systems correlated with the market. If Beta is less than 0 Axalta Coating generally moves in the opposite direction as compared to the market. If Axalta Coating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Axalta Coating Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Axalta Coating is generally in the same direction as the market. If Beta > 1 Axalta Coating moves generally in the same direction as, but more than the movement of the benchmark.

Axalta Coating Thematic Clasifications

Axalta Coating Systems is part of several thematic ideas from Synthetics to Chemicals Makers. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Axalta Coating Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Axalta Coating's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Axalta Coating growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.72

At present, Axalta Coating's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Axalta Coating November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Axalta Coating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Axalta Coating Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Axalta Coating Systems based on widely used predictive technical indicators. In general, we focus on analyzing Axalta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Axalta Coating's daily price indicators and compare them against related drivers.

Complementary Tools for Axalta Stock analysis

When running Axalta Coating's price analysis, check to measure Axalta Coating's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axalta Coating is operating at the current time. Most of Axalta Coating's value examination focuses on studying past and present price action to predict the probability of Axalta Coating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axalta Coating's price. Additionally, you may evaluate how the addition of Axalta Coating to your portfolios can decrease your overall portfolio volatility.
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