Ternium Balance Sheet Health
Financial Health criteria checks 6/6
Ternium has a total shareholder equity of $17.6B and total debt of $2.1B, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are $24.7B and $7.1B respectively. Ternium's EBIT is $4.2B making its interest coverage ratio -29.6. It has cash and short-term investments of $4.1B.
Key information
11.9%
Debt to equity ratio
US$2.10b
Debt
Interest coverage ratio | -29.6x |
Cash | US$4.06b |
Equity | US$17.56b |
Total liabilities | US$7.11b |
Total assets | US$24.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXSA34's short term assets ($12.5B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: TXSA34's short term assets ($12.5B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: TXSA34 has more cash than its total debt.
Reducing Debt: TXSA34's debt to equity ratio has reduced from 26% to 11.9% over the past 5 years.
Debt Coverage: TXSA34's debt is well covered by operating cash flow (111.7%).
Interest Coverage: TXSA34 earns more interest than it pays, so coverage of interest payments is not a concern.