Westinghouse Air Brake Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Westinghouse Air Brake Technologies has a total shareholder equity of $10.3B and total debt of $4.0B, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are $18.6B and $8.4B respectively. Westinghouse Air Brake Technologies's EBIT is $1.6B making its interest coverage ratio 8.6. It has cash and short-term investments of $410.0M.
Key information
39.1%
Debt to equity ratio
US$4.02b
Debt
| Interest coverage ratio | 8.6x |
| Cash | US$410.00m |
| Equity | US$10.29b |
| Total liabilities | US$8.35b |
| Total assets | US$18.64b |
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 ($3.7B).
Long Term Liabilities: W1AB34's short term assets ($4.8B) exceed its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: W1AB34's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: W1AB34's debt to equity ratio has reduced from 48.8% to 39.1% over the past 5 years.
Debt Coverage: W1AB34's debt is well covered by operating cash flow (44.7%).
Interest Coverage: W1AB34's interest payments on its debt are well covered by EBIT (8.6x coverage).