Axalta Other Stockholder Equity vs Net Receivables Analysis

AXTA Stock  USD 39.79  0.90  2.31%   
Axalta Coating financial indicator trend analysis is way more than just evaluating Axalta Coating Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axalta Coating Systems is a good investment. Please check the relationship between Axalta Coating Other Stockholder Equity and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Other Stockholder Equity vs Net Receivables

Other Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axalta Coating Systems Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Axalta Coating's Other Stockholder Equity and Net Receivables is -0.72. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Axalta Coating Systems, assuming nothing else is changed. The correlation between historical values of Axalta Coating's Other Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Axalta Coating Systems are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Axalta Coating's Other Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Other Stockholder Equity

Net Receivables

Most indicators from Axalta Coating's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axalta Coating Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At present, Axalta Coating's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.95, whereas Selling General Administrative is forecasted to decline to about 705.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B5.2B5.4B
Total Revenue4.4B4.9B5.2B4.8B

Axalta Coating fundamental ratios Correlations

-0.070.04-0.47-0.29-0.39-0.070.280.060.03-0.270.06-0.03-0.09-0.020.06-0.46-0.170.02-0.33-0.140.27-0.02-0.29-0.14-0.05
-0.070.980.610.83-0.420.420.77-0.270.940.750.840.980.840.940.840.490.920.980.720.75-0.920.990.770.90.82
0.040.980.470.7-0.60.310.86-0.20.980.630.80.990.80.950.80.330.821.00.60.73-0.850.990.670.80.76
-0.470.610.470.80.320.60.03-0.730.370.730.670.480.650.470.670.690.760.480.730.67-0.750.540.620.820.61
-0.290.830.70.80.110.550.4-0.420.650.960.70.730.770.680.70.830.970.710.930.66-0.940.770.920.920.75
-0.39-0.42-0.60.320.110.3-0.78-0.22-0.670.11-0.21-0.56-0.27-0.56-0.210.43-0.07-0.590.11-0.30.17-0.52-0.01-0.04-0.2
-0.070.420.310.60.550.3-0.06-0.460.160.510.740.290.50.380.740.290.540.320.30.31-0.40.360.320.660.72
0.280.770.860.030.4-0.78-0.060.190.910.310.480.860.530.830.480.140.540.860.320.49-0.60.830.50.460.52
0.06-0.27-0.2-0.73-0.42-0.22-0.460.19-0.1-0.45-0.48-0.15-0.49-0.16-0.48-0.21-0.41-0.2-0.42-0.620.39-0.23-0.23-0.51-0.38
0.030.940.980.370.65-0.670.160.91-0.10.590.680.990.750.930.680.310.770.980.580.69-0.820.970.680.710.7
-0.270.750.630.730.960.110.510.31-0.450.590.610.660.70.580.610.790.920.630.950.64-0.890.690.90.850.67
0.060.840.80.670.7-0.210.740.48-0.480.680.610.750.770.771.00.30.780.80.50.67-0.710.820.480.910.8
-0.030.980.990.480.73-0.560.290.86-0.150.990.660.750.810.950.750.40.850.990.640.7-0.870.990.730.790.77
-0.090.840.80.650.77-0.270.50.53-0.490.750.70.770.810.810.770.330.840.810.640.75-0.820.830.720.790.87
-0.020.940.950.470.68-0.560.380.83-0.160.930.580.770.950.810.770.330.780.960.510.7-0.830.950.680.760.83
0.060.840.80.670.7-0.210.740.48-0.480.680.611.00.750.770.770.30.780.80.50.67-0.710.820.480.910.8
-0.460.490.330.690.830.430.290.14-0.210.310.790.30.40.330.330.30.720.340.840.36-0.720.410.810.640.36
-0.170.920.820.760.97-0.070.540.54-0.410.770.920.780.850.840.780.780.720.830.880.7-0.950.870.90.940.82
0.020.981.00.480.71-0.590.320.86-0.20.980.630.80.990.810.960.80.340.830.60.73-0.851.00.670.810.77
-0.330.720.60.730.930.110.30.32-0.420.580.950.50.640.640.510.50.840.880.60.61-0.880.660.90.790.52
-0.140.750.730.670.66-0.30.310.49-0.620.690.640.670.70.750.70.670.360.70.730.61-0.790.750.610.750.71
0.27-0.92-0.85-0.75-0.940.17-0.4-0.60.39-0.82-0.89-0.71-0.87-0.82-0.83-0.71-0.72-0.95-0.85-0.88-0.79-0.89-0.92-0.9-0.77
-0.020.990.990.540.77-0.520.360.83-0.230.970.690.820.990.830.950.820.410.871.00.660.75-0.890.730.850.8
-0.290.770.670.620.92-0.010.320.5-0.230.680.90.480.730.720.680.480.810.90.670.90.61-0.920.730.750.69
-0.140.90.80.820.92-0.040.660.46-0.510.710.850.910.790.790.760.910.640.940.810.790.75-0.90.850.750.8
-0.050.820.760.610.75-0.20.720.52-0.380.70.670.80.770.870.830.80.360.820.770.520.71-0.770.80.690.8
Click cells to compare fundamentals

Axalta Coating Account Relationship Matchups

Axalta Coating fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding235.8M236M231.9M222.3M221.9M187.0M
Total Assets6.8B7.2B7.2B7.1B7.3B7.0B
Short Long Term Debt Total3.8B3.9B3.8B3.7B3.5B3.7B
Other Current Liab545.3M477.1M517.2M458.1M643.3M675.5M
Total Current Liabilities1.1B1.2B1.3B1.4B1.4B1.2B
Total Stockholder Equity1.4B1.4B1.5B1.5B1.7B1.5B
Other Liab454.1M658M593.7M425.8M489.7M497.1M
Property Plant And Equipment Net1.2B1.2B1.2B1.2B1.3B1.0B
Net Debt2.8B2.5B3.0B3.1B2.8B3.0B
Accounts Payable483.7M564.4M657.4M733.5M665.3M588.9M
Cash1.0B1.4B840.6M645.2M699.8M725.8M
Non Current Assets Total4.2B4.2B4.6B4.4B4.5B4.5B
Non Currrent Assets Other424.9M367.8M584.5M399.8M249.9M333.4M
Other Assets491M596M584.5M462.4M531.8M531.5M
Cash And Short Term Investments1.0B1.4B840.6M645.2M699.8M725.8M
Net Receivables830.1M869.8M937.5M1.1B1.3B986.1M
Good Will1.2B1.3B1.6B1.5B1.6B1.3B
Liabilities And Stockholders Equity6.8B7.2B7.2B7.1B7.3B7.0B
Non Current Liabilities Total4.3B4.5B4.3B4.2B4.1B4.3B
Inventory591.6M559.9M669.7M829.6M741.1M663.1M
Other Current Assets134.2M135.3M127.8M140.8M120.5M120.7M
Other Stockholder Equity1.1B1.0B828.3M649.2M631.6M881.2M
Total Liab5.4B5.7B5.7B5.6B5.5B5.5B
Property Plant And Equipment Gross1.3B1.3B2.4B2.5B2.6B1.8B
Total Current Assets2.6B2.9B2.6B2.7B2.8B2.5B
Accumulated Other Comprehensive Income(395.5M)(424.8M)(414.4M)(466.9M)(444.2M)(466.4M)
Short Term Debt42.2M43.9M83M106.9M56.9M52.8M
Intangible Assets1.2B1.1B1.3B1.1B1.1B1.3B
Property Plant Equipment1.2B1.2B1.2B1.2B1.1B1.0B
Retained Earnings443.2M563.3M827.2M1.0B1.3B1.4B
Long Term Debt3.8B3.8B3.7B3.7B3.5B4.0B
Common Stock Total Equity249.9M250.9M251.8M252.4M290.3M267.1M
Common Stock249.9M250.9M251.8M252.4M253.7M268.2M
Net Tangible Assets(1.1B)(1.0B)(1.4B)(1.2B)(1.0B)(1.1B)
Noncontrolling Interest In Consolidated Entity55.4M46.8M45.8M46M41.4M61.1M
Retained Earnings Total Equity443.2M563.3M827.2M1.0B1.2B1.2B
Long Term Debt Total3.8B3.8B3.7B3.7B4.2B4.0B

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When determining whether Axalta Coating Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axalta Coating's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axalta Coating Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axalta Coating Systems Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Specialty Chemicals 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 Axalta Coating. If investors know Axalta 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 Axalta Coating 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
0.412
Earnings Share
1.48
Revenue Per Share
23.932
Quarterly Revenue Growth
0.008
Return On Assets
0.0672
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.