American Axle & Manufacturing Holdings
Balance Sheet

Last updated:

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has American Axle & Manufacturing Holdings's balance sheet done over the years? Its assets were worth $5,356,300,000 last year, which is less than in the previous period. 89% of American Axle & Manufacturing Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $4,751,400,000, which means an decrease by -2% compared compared to last year.

Debt to Assets

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL): Debt to assets
2014 3259200000 3.14B 96.52%
2015 3202700000 2.90B 90.59%
2016 3448100000 2.91B 84.63%
2017 7882800000 6.34B 80.46%
2018 7510700000 6.02B 80.21%
2019 6644600000 5.66B 85.25%
2020 5916300000 5.54B 93.69%
2021 5635700000 5.17B 91.88%
2022 5469400000 4.84B 88.53%
2023 5356300000 4.75B 88.71%

AXL Balance Sheet (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Assets
Current assets:
Cash and cash equivalents
519.9M511.5M530.2M557M532M476.4M376.8M481.2M282.5M249.2M
Short term investments
02.4M1.9M4.9M900K900K1.3M000
Net receivables
818.5M820.2M762.8M793.2M815.4M966.5M1.03B560M539.1M532.7M
Inventory
482.9M463.9M410.4M323.2M373.6M459.7M392M219.5M230.5M248.8M
Other current assets
185.3M197.8M152.6M203.6M136.8M127.2M140.3M75.8M72.1M108.8M
Total current assets
2.00B1.99B1.85B1.87B1.85B2.02B1.94B1.33B1.12B1.13B
Non-current assets:
Property, Plant and Equipment
1.87B2.01B2.11B2.28B2.35B2.51B2.40B1.09B1.04B1.06B
Goodwill
182.1M181.6M183.8M185.7M699.1M1.14B1.65B154M154.4M155M
Intangible assets
532.8M616.2M697.2M780.7M864.5M1.11B1.21B23.2M185.1M19.2M
Long term investments
6.2M13.4M201.1M237M223.3M219.4M252.2M236.1M243.2M274.5M
Other non-current assets
582.7M535.6M456.7M447.7M577.4M448.7M378.8M271.4M261.1M260.3M
Total non-current assets
3.34B3.47B3.77B4.03B4.78B5.48B5.93B2.11B2.07B2.11B
Total assets
5.35B5.46B5.63B5.91B6.64B7.51B7.88B3.44B3.20B3.25B
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
16.6M28.1M28.1M23.4M18.9M44.3M34.1M24.6M22.9M22.1M
Short term debt
55.1M97M43.4M36.3M28.7M121.6M5.9M3.3M3.3M13M
Total current liabilities
1.20B1.19B1.03B979.3M1.02B1.35B1.21B651.5M699.2M687.2M
Non-current liabilities:
Long term debt
2.93B2.93B3.18B3.53B3.61B3.68B3.96B1.40B1.37B1.52B
Deferred tax
0000000000
Other non-current liabilities
528.2M626.4M844.1M923.9M922.2M810.6M976.6M779.9M753.8M850.7M
Total non-current liabilities
3.54B3.64B4.13B4.56B4.63B4.66B5.12B2.26B2.20B2.45B
Total liabilities
4.75B4.84B5.17B5.54B5.66B6.02B6.34B2.91B2.90B3.14B
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