American Axle And Manufacturing Holdings Inc's Cash & cash equivalent grew by 1.92 % in the Q4 2024 sequentially, while Current Liabilities decreased, this led to improvement in American Axle And Manufacturing Holdings Inc's Quick Ratio to 0.48, above American Axle and Manufacturing Holdings Inc average Quick Ratio.

Within Auto & Truck Parts industry 8 other companies have achieved higher Quick Ratio than American Axle And Manufacturing Holdings Inc in forth quarter 2024. While Quick Ratio total ranking has improved so far during the Q4 2024 to 859, from total ranking in the third quarter 2024 at 1953.

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AXL Quick Ratio	(Dec 31 2024) Q4	(Sep 30 2024) Q3	(Jun 30 2024) Q2	(Mar 31 2024) Q1	(Dec 31 2023) Q4
Y / Y Current Liabilities Change	-2.31 %	3.54 %	1.57 %	3.1 %	0.13 %
Y / Y Cash & cash equivalent Change	6.35 %	-11.87 %	1.72 %	0.88 %	1.64 %
Quick Ratio MRQ	0.48	0.43	0.42	0.39	0.44
AXL's Total Ranking	# 859	# 1953	# 2296	# 1850	# 478
Seq. Current Liabilities Change	-9.3 %	3.14 %	1.53 %	2.85 %	-3.87 %
Seq. Cash & cash equivalent Change	1.92 %	4.35 %	10.66 %	-9.64 %	-15.55 %

New: More AXL's historic Quick Ratios >>

Quick Ratio forth quarter 2024 Company Ranking
Within:	No.
Auto & Truck Parts Industry	# 9
Consumer Discretionary Sector	# 30
Overall Market	# 859

Quick Ratio Statistics
High	Average	Low
2	0.45	0.11
(Mar 31 2017)		(Mar 31 2014)

Financial Statements
American Axle And Manufacturing Holdings Inc's Current Liabilities	$ 1,152 Millions	Visit AXL's Balance sheet
American Axle And Manufacturing Holdings Inc's Cash & cash equivalent	$ 553 Millions	Visit AXL's Balance sheet
Source of AXL's Sales		Visit AXL's Sales by Geography

Cumulative American Axle And Manufacturing Holdings Inc's Quick Ratio

AXL's Quick Ratio for the trailling 12 Months

AXL Quick Ratio	(Dec 31 2024) 12 Months	(Sep 30 2024) 12 Months	(Jun 30 2024) 12 Months	(Mar 31 2024) 12 Months	(Dec 31 2023) 12 Months
Y / Y Current Liabilities TTM Growth	1.49 %	2.1 %	1.96 %	2.06 %	2.31 %
Y / Y Cash & cash equivalent TTM Growth	-1.29 %	-2.46 %	8.4 %	8.48 %	4.82 %
Quick Ratio TTM	0.43	0.42	0.44	0.44	0.44
Total Ranking TTM	# 1375	# 2870	# 1407	# 2772	# 825
Seq. Current Liabilities TTM Growth	-0.56 %	0.89 %	0.4 %	0.76 %	0.03 %
Seq. Cash & cash equivalent TTM Growth	1.61 %	-3.44 %	0.42 %	0.19 %	0.4 %

Quick ratio ranking by company, industry and sector >> Back to AXL Financial Strength Comparisons >> Go to Compare AXL Quick Ratio to its Competitors

On the trailing twelve months basis AXL Cash & cash equivalent improved by 6.35 % in Q4 2024 year on year, while Current Liabilities decreased to $1,152 millions, this led to increase in in American Axle And Manufacturing Holdings Inc's Quick Ratio to 0.43, Quick Ratio remained below AXL average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Auto & Truck Parts industry 24 other companies have achieved higher Quick Ratio than American Axle And Manufacturing Holdings Inc. While Quick Ratio overall ranking has improved so far to 1375, from total ranking during the twelve months ending third quarter 2024 at 2870.

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How much Cash & cash equivalents AXL´s has?
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TTM Quick Ratio Company Ranking
Within:	No.
Within the Auto & Truck Parts Industry	# 25
Consumer Discretionary Sector	# 75
Within the Market	# 1375

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.97	0.47	0.26
(Mar 31 2017)		(Sep 30 2019)

Companies with similar Quick Ratio in the quarter ending Dec 31 2024, within Auto & Truck Parts Industry	Quick Ratio	Dec 31 2024 MRQ Cash & cash equivalent	Dec 31 2024 MRQ Current Liabilities
Gentex Corporation	1.01	$ 255.624 Millions	$ 252.693 Millions
Icahn Enterprises l p	0.84	$ 2,603.000 Millions	$ 3,105.000 Millions
Visteon Corporation	0.71	$ 626.000 Millions	$ 887.000 Millions
Holley Inc	0.59	$ 56.087 Millions	$ 95.172 Millions
Atmus Filtration Technologies Inc	0.53	$ 184.300 Millions	$ 344.900 Millions
Phinia Inc	0.51	$ 484.000 Millions	$ 944.000 Millions
Harley davidson Inc	0.48	$ 1,725.269 Millions	$ 3,557.494 Millions
American Axle and Manufacturing Holdings Inc	0.48	$ 552.900 Millions	$ 1,152.400 Millions
Stoneridge Inc	0.48	$ 71.832 Millions	$ 149.972 Millions
Lci Industries	0.44	$ 165.756 Millions	$ 373.382 Millions
Strattec Security Corp	0.44	$ 42.625 Millions	$ 97.575 Millions
Tpi Composites Inc	0.43	$ 206.157 Millions	$ 473.968 Millions
Gentherm Incorporated	0.40	$ 134.134 Millions	$ 332.776 Millions
Aptiv Plc	0.31	$ 1,574.000 Millions	$ 5,131.000 Millions
Cooper standard Holdings Inc	0.30	$ 170.035 Millions	$ 557.924 Millions
China Automotive Systems Inc	0.28	$ 129.387 Millions	$ 456.482 Millions
Fox Factory Holding Corp	0.28	$ 71.674 Millions	$ 259.780 Millions
Omnitek Engineering Corp	0.28	$ 0.600 Millions	$ 2.178 Millions
Cummins Inc	0.25	$ 2,857.000 Millions	$ 11,234.000 Millions
Power Solutions International Inc	0.24	$ 55.252 Millions	$ 227.567 Millions
Xos Inc	0.24	$ 10.996 Millions	$ 46.669 Millions
Commercial Vehicle Group Inc	0.23	$ 26.630 Millions	$ 117.765 Millions
Superior Industries International Inc	0.20	$ 40.110 Millions	$ 195.926 Millions
Dana Incorporated	0.20	$ 494.000 Millions	$ 2,517.000 Millions
Lear Corp	0.19	$ 1,052.900 Millions	$ 5,447.000 Millions
Modine Manufacturing Co	0.17	$ 83.800 Millions	$ 483.500 Millions
Envirotech Vehicles Inc	0.17	$ 1.941 Millions	$ 11.509 Millions
Bwx Technologies Inc	0.16	$ 74.109 Millions	$ 474.201 Millions
Magna International Inc	0.10	$ 1,247.000 Millions	$ 12,097.000 Millions
Standard Motor Products Inc	0.10	$ 44.426 Millions	$ 436.472 Millions

Date modified: 2025-02-18T03:30:22+00:00

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