| Address:
|
ONE DAUCH DRIVE
|
| City: |
DETROIT |
|
State: |
MI |
|
Zip Code: |
48211-1198 |
| Telephone: |
313-758-3600 |
|
Description of Business
|
Primary SIC Code:
3714 |
| (As filed with the SEC)
|
|
|
As used in this report, except as otherwise indicated in information
incorporated by reference, references to "our Company," "we," "our," "us" or
"AAM" mean American Axle & Manufacturing Holdings, Inc. (Holdings) and its
subsidiaries and predecessors, collectively.
(a) General Development of Business
Holdings, a Delaware corporation, is a successor to American Axle &
Manufacturing of Michigan, Inc., a Michigan corporation, pursuant to a migratory
merger between these entities in 1999.
In 2008, and continuing in 2009, the domestic automotive industry
experienced a severe downturn. The collapse of the U.S. housing market, the
global financial crisis, a lack of available consumer credit and financing
options, rising unemployment, exceptionally low consumer confidence and wildly
fluctuating fuel and commodity prices, among other factors, resulted in a sudden
and major drop in industry production and sales volumes. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 1.89 | NA | 5.23 | | 09/2011 | 1.95 | NA | 3.91 | | 06/2011 | 2.14 | NA | 5.32 | | 03/2011 | 1.83 | NA | 6.88 | | 12/2010 | 1.55 | NA | 8.30 | | 09/2010 | 2.10 | NA | 4.30 | | 06/2010 | 1.54 | NA | 4.76 | | 03/2010 | -4.00 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.28 | Total Liab/Total Assets | 1.23 | | Net Inc/Total Assets | 0.05 | Total Liab/Inv Cap | 1.68 | | Net Inc/Inv Cap | 0.07 | Total Liab/Comm Equity | 6.28 | | Pretax Inc/Net Sales | 0.05 | Interest Coverage Ratio | 2.33 | | Net Inc/Net Sales | 0.05 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.11 | LTD/Equity | -2.11 | | SG&A/NetSales | 0.09 | Total Debt/Equity | -2.11 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 15.73 | Quick Ratio | 0.83 | | Inventory Turnover | 17.03 | Current Ratio | 1.06 | | Inventory Day Sales | 0.04 | Net Rec/Curr Assets | 0.26 | | Net Sales/Work Cap | 69.18 | Inv/Curr Assets | 0.22 | | Net Sales/PP&E | 2.44 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
647.60
|
686.20
|
645.60
|
583.30
|
|
Cost of Goods Sold
|
544.10
|
555.70
|
530.20
|
481.70
|
|
Selling & Admin Exps
|
59.00
|
58.80
|
56.70
|
50.60
|
|
Operating Income
|
44.50
|
71.70
|
58.70
|
51.00
|
|
Interest Exp
|
19.70
|
20.50
|
21.30
|
21.60
|
|
Pretax Income
|
24.90
|
47.70
|
38.70
|
33.40
|
|
Other Income
|
0.10
|
-3.50
|
1.30
|
4.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
24.80
|
49.20
|
37.70
|
34.90
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
114.40
|
250.30
|
217.40
|
244.60
|
|
Receivables - Total
|
384.80
|
199.00
|
209.70
|
154.60
|
|
Inventories - Total
|
157.70
|
148.50
|
133.60
|
130.30
|
|
Total Current Assets
|
740.00
|
678.60
|
643.60
|
602.10
|
|
Net Property, Plant & Equipment
|
942.60
|
960.40
|
946.90
|
936.30
|
|
Total Assets
|
2,232.80
|
2,195.40
|
2,167.80
|
2,114.70
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
568.80
|
568.00
|
508.50
|
489.20
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
614.40
|
628.50
|
583.20
|
569.10
|
|
Long-Term Debt
|
1,050.60
|
964.60
|
1,007.40
|
1,010.00
|
|
Total Liabilities
|
2,613.20
|
2,563.10
|
2,594.30
|
2,594.20
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
7.10
|
9.80
|
11.10
|
11.40
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
0.00
|
|
Common Stock
|
0.80
|
0.80
|
0.80
|
0.80
|
|
Retained Earnings
|
-674.60
|
-699.40
|
-748.60
|
-786.30
|
|
Treasury Stock
|
-176.20
|
-176.20
|
-176.20
|
-176.10
|
|
Total Stockholders' Equity
|
-380.40
|
-367.70
|
-426.50
|
-479.50
|
|
Total Liabilities and Stockholders' Equity
|
2,232.80
|
2,195.40
|
2,167.80
|
2,114.70
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-181.90
|
115.50
|
1.00
|
46.80
|
|
Net Cash Provided by Investing Activities
|
-39.30
|
-33.80
|
-30.00
|
-40.30
|
|
Net Cash Provided by Financing Activities
|
87.60
|
-49.40
|
1.20
|
-2.10
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 3,191.70 | -222.50 | -4.42 | | 12/2007 | 3,248.20 | 37.00 | 0.70 | | 12/2008 | 2,109.20 | -1,224.30 | -23.73 | | 12/2009 | 1,521.60 | -253.10 | -4.81 | | 12/2010 | 2,283.00 | 115.40 | 1.55 | | Growth Rates | -8.04 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 173 | 61,339 | 81.45 |
|
Report Date :
2/6/2012
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