Westinghouse Air Brake Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Westinghouse Air Brake Technologies has a total shareholder equity of $10.5B and total debt of $4.0B, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are $18.7B and $8.2B respectively. Westinghouse Air Brake Technologies's EBIT is $1.5B making its interest coverage ratio 7.1. It has cash and short-term investments of $634.0M.
Key information
38.1%
Debt to equity ratio
US$4.00b
Debt
Interest coverage ratio | 7.1x |
Cash | US$634.00m |
Equity | US$10.50b |
Total liabilities | US$8.24b |
Total assets | US$18.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W1AB34's short term assets ($4.8B) exceed its short term liabilities ($3.2B).
Long Term Liabilities: W1AB34's short term assets ($4.8B) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: W1AB34's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: W1AB34's debt to equity ratio has reduced from 50.7% to 38.1% over the past 5 years.
Debt Coverage: W1AB34's debt is well covered by operating cash flow (39%).
Interest Coverage: W1AB34's interest payments on its debt are well covered by EBIT (7.1x coverage).