PACCAR Balance Sheet Health
Financial Health criteria checks 6/6
PACCAR has a total shareholder equity of $15.9B and total debt of $14.4B, which brings its debt-to-equity ratio to 90.5%. Its total assets and total liabilities are $40.8B and $24.9B respectively. PACCAR's EBIT is $6.0B making its interest coverage ratio -22. It has cash and short-term investments of $8.7B.
Key information
90.5%
Debt to equity ratio
US$14.37b
Debt
Interest coverage ratio | -22x |
Cash | US$8.66b |
Equity | US$15.88b |
Total liabilities | US$24.94b |
Total assets | US$40.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCAR's short term assets ($32.4B) exceed its short term liabilities ($16.5B).
Long Term Liabilities: PCAR's short term assets ($32.4B) exceed its long term liabilities ($8.4B).
Debt to Equity History and Analysis
Debt Level: PCAR's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: PCAR's debt to equity ratio has reduced from 116% to 90.5% over the past 5 years.
Debt Coverage: PCAR's debt is well covered by operating cash flow (29.2%).
Interest Coverage: PCAR earns more interest than it pays, so coverage of interest payments is not a concern.