PACCAR Balance Sheet Health
Financial Health criteria checks 6/6
PACCAR has a total shareholder equity of $18.7B and total debt of $15.6B, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are $43.3B and $24.6B respectively. PACCAR's EBIT is $5.5B making its interest coverage ratio -14.8. It has cash and short-term investments of $9.2B.
Key information
83.7%
Debt to equity ratio
US$15.61b
Debt
| Interest coverage ratio | -14.8x |
| Cash | US$9.15b |
| Equity | US$18.66b |
| Total liabilities | US$24.62b |
| Total assets | US$43.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCAR's short term assets ($34.7B) exceed its short term liabilities ($6.5B).
Long Term Liabilities: PCAR's short term assets ($34.7B) exceed its long term liabilities ($18.1B).
Debt to Equity History and Analysis
Debt Level: PCAR's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: PCAR's debt to equity ratio has reduced from 109.2% to 83.7% over the past 5 years.
Debt Coverage: PCAR's debt is well covered by operating cash flow (28.1%).
Interest Coverage: PCAR earns more interest than it pays, so coverage of interest payments is not a concern.