American Cash And Short Term Investments from 2010 to 2024

AXL Stock  USD 6.31  0.03  0.48%   
American Axle Cash And Short Term Investments yearly trend continues to be quite stable with very little volatility. The value of Cash And Short Term Investments are projected to decrease to about 262.1 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1999-03-31
Previous Quarter
519.9 M
Current Value
542.5 M
Quarterly Volatility
244.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Axle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Axle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 278 M, Interest Expense of 211.8 M or Selling General Administrative of 271.1 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.12 or PTB Ratio of 2.9. American financial statements analysis is a perfect complement when working with American Axle Valuation or Volatility modules.
  
Check out the analysis of American Axle Correlation against competitors.

Latest American Axle's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of American Axle Manufacturing over the last few years. Short Term Investments is an account in the current assets section of American Axle Manufa balance sheet. This account contains American Axle investments that will expire within one year. These investments include stocks and bonds that can be liquidated by American Axle Manufacturing fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. American Axle's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Axle's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

American Cash And Short Term Investments Regression Statistics

Arithmetic Mean344,591,103
Geometric Mean239,429,928
Coefficient Of Variation54.43
Mean Deviation163,769,491
Median376,800,000
Standard Deviation187,559,692
Sample Variance35178.6T
Range552.5M
R-Value0.77
Mean Square Error15259.2T
R-Squared0.60
Significance0.0007
Slope32,410,949
Total Sum of Squares492500.9T

American Cash And Short Term Investments History

2024262.1 M
2023519.9 M
2022511.5 M
2021530.2 M
2020557 M
2019532 M
2018476.4 M

About American Axle Financial Statements

American Axle investors utilize fundamental indicators, such as Cash And Short Term Investments, to predict how American Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cash And Short Term Investments519.9 M262.1 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether American Axle Manufa is a strong investment it is important to analyze American Axle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Axle's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out the analysis of American Axle Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Axle. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Axle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.204
Earnings Share
0.23
Revenue Per Share
52.894
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0307
The market value of American Axle Manufa is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Axle's value that differs from its market value or its book value, called intrinsic value, which is American Axle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Axle's market value can be influenced by many factors that don't directly affect American Axle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Axle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Axle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Axle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.