PACCAR Balance Sheet Health
Financial Health criteria checks 6/6
PACCAR has a total shareholder equity of $17.7B and total debt of $14.5B, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are $41.2B and $23.5B respectively. PACCAR's EBIT is $5.9B making its interest coverage ratio -16.7. It has cash and short-term investments of $7.8B.
Key information
81.7%
Debt to equity ratio
US$14.46b
Debt
| Interest coverage ratio | -16.7x |
| Cash | US$7.80b |
| Equity | US$17.70b |
| Total liabilities | US$23.47b |
| Total assets | US$41.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCAR's short term assets ($32.8B) exceed its short term liabilities ($6.4B).
Long Term Liabilities: PCAR's short term assets ($32.8B) exceed its long term liabilities ($17.0B).
Debt to Equity History and Analysis
Debt Level: PCAR's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: PCAR's debt to equity ratio has reduced from 110.6% to 81.7% over the past 5 years.
Debt Coverage: PCAR's debt is well covered by operating cash flow (30.7%).
Interest Coverage: PCAR earns more interest than it pays, so coverage of interest payments is not a concern.