CNH Industrial Balance Sheet Health
Financial Health criteria checks 4/6
CNH Industrial has a total shareholder equity of $8.2B and total debt of $27.5B, which brings its debt-to-equity ratio to 333.7%. Its total assets and total liabilities are $46.4B and $38.1B respectively. CNH Industrial's EBIT is $2.9B making its interest coverage ratio 26.6. It has cash and short-term investments of $3.6B.
Key information
333.7%
Debt to equity ratio
US$27.47b
Debt
Interest coverage ratio | 26.6x |
Cash | US$3.62b |
Equity | US$8.23b |
Total liabilities | US$38.12b |
Total assets | US$46.35b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNHI's short term assets ($35.5B) exceed its short term liabilities ($8.5B).
Long Term Liabilities: CNHI's short term assets ($35.5B) exceed its long term liabilities ($29.6B).
Debt to Equity History and Analysis
Debt Level: CNHI's net debt to equity ratio (289.7%) is considered high.
Reducing Debt: CNHI's debt to equity ratio has reduced from 480.1% to 333.7% over the past 5 years.
Debt Coverage: CNHI's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: CNHI's interest payments on its debt are well covered by EBIT (26.6x coverage).