Axalta Coating Systems Ltd. financial data

Symbol
AXTA on NYSE
Industry
Paints, Varnishes, Lacquers, Enamels & Allied Prods
Location
1050 Constitution Avenue, Philadelphia, Pennsylvania
State of incorporation
Bermuda
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 203 % +2.75%
Quick Ratio 55.2 % -9.33%
Debt-to-equity 321 % -18.1%
Return On Equity 14.4 % -1.17%
Return On Assets 3.48 % +14.8%
Operating Margin 11.2 % +21.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 221 M shares -0.4%
Entity Public Float 7.25 B USD +49.1%
Common Stock, Value, Issued 254 M USD +0.28%
Weighted Average Number of Shares Outstanding, Basic 220 M shares -0.41%
Weighted Average Number of Shares Outstanding, Diluted 221 M shares -0.36%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 5.19 B USD +4%
Revenue from Contract with Customer, Excluding Assessed Tax 5.19 B USD +4%
Research and Development Expense 73 M USD +5.8%
Operating Income (Loss) 584 M USD +26.3%
Nonoperating Income (Expense) -26.5 M USD -4.74%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 338 M USD +20%
Income Tax Expense (Benefit) 91.2 M USD +32%
Net Income (Loss) Attributable to Parent 247 M USD +17.2%
Earnings Per Share, Basic 1.12 USD/shares +17.9%
Earnings Per Share, Diluted 1.12 USD/shares +17.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 624 M USD +21.9%
Accounts Receivable, after Allowance for Credit Loss, Current 1.04 B USD +3.62%
Inventory, Net 751 M USD -5.96%
Assets, Current 2.76 B USD +5.19%
Deferred Income Tax Assets, Net 171 M USD +3.21%
Property, Plant and Equipment, Net 1.17 B USD -2.49%
Operating Lease, Right-of-Use Asset 105 M USD +2.63%
Intangible Assets, Net (Excluding Goodwill) 1.09 B USD -0.59%
Goodwill 1.55 B USD +2%
Other Assets, Noncurrent 514 M USD -7.5%
Assets 7.09 B USD +1.26%
Accounts Payable, Current 721 M USD +2.49%
Employee-related Liabilities, Current 259 M USD +42.9%
Liabilities, Current 1.33 B USD +4.09%
Long-term Debt and Lease Obligation 3.41 B USD -5.51%
Deferred Income Tax Liabilities, Net 155 M USD -4.97%
Operating Lease, Liability, Noncurrent 75.5 M USD -0.53%
Other Liabilities, Noncurrent 179 M USD +38.2%
Liabilities 5.31 B USD -1.32%
Accumulated Other Comprehensive Income (Loss), Net of Tax -488 M USD -15.5%
Retained Earnings (Accumulated Deficit) 1.33 B USD +23%
Stockholders' Equity Attributable to Parent 1.73 B USD +10.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.78 B USD +9.91%
Liabilities and Equity 7.09 B USD +1.26%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 34 M USD
Net Cash Provided by (Used in) Financing Activities -82 M USD +6.82%
Net Cash Provided by (Used in) Investing Activities -19 M USD -217%
Common Stock, Shares Authorized 1 B shares 0%
Common Stock, Shares, Issued 254 M shares +0.36%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 627 M USD +21.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 213 M USD +67.6%
Deferred Tax Assets, Valuation Allowance 234 M USD +20.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 530 M USD +19.8%
Operating Lease, Liability 107 M USD +2.3%
Depreciation 123 M USD +5.68%
Payments to Acquire Property, Plant, and Equipment 22 M USD -47.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 182 M USD -3.96%
Lessee, Operating Lease, Liability, to be Paid 121 M USD +2.71%
Property, Plant and Equipment, Gross 2.44 B USD +1%
Operating Lease, Liability, Current 31.2 M USD +9.86%
Lessee, Operating Lease, Liability, to be Paid, Year Two 27 M USD +5.06%
Lessee, Operating Lease, Liability, to be Paid, Year One 36.7 M USD +12.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +20.4%
Deferred Income Tax Expense (Benefit) 6 M USD +200%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 14.4 M USD +5.88%
Lessee, Operating Lease, Liability, to be Paid, Year Three 19.6 M USD +12.6%
Deferred Federal Income Tax Expense (Benefit) -9.5 M USD -892%
Current Income Tax Expense (Benefit) 94.6 M USD +38.1%
Unrecognized Tax Benefits 95.6 M USD -2.65%
Lessee, Operating Lease, Liability, to be Paid, Year Four 13.8 M USD +13.1%
Operating Lease, Payments 39.5 M USD +16.2%
Current State and Local Tax Expense (Benefit) 8.6 M USD +22.9%
Current Federal Tax Expense (Benefit) 33.9 M USD +62.2%
Amortization of Intangible Assets 85.5 M USD -27.2%
Depreciation, Depletion and Amortization 276 M USD -9.07%
Deferred Tax Assets, Net of Valuation Allowance 297 M USD +19.4%
Share-based Payment Arrangement, Expense 26.2 M USD +14.4%
Deferred State and Local Income Tax Expense (Benefit) -1.6 M USD -129%
Interest Expense 219 M USD +41.3%