Caterpillar Balance Sheet Health
Financial Health criteria checks 5/6
Caterpillar has a total shareholder equity of $19.4B and total debt of $37.9B, which brings its debt-to-equity ratio to 195.3%. Its total assets and total liabilities are $86.3B and $66.9B respectively. Caterpillar's EBIT is $13.8B making its interest coverage ratio -13751. It has cash and short-term investments of $4.8B.
Key information
195.3%
Debt to equity ratio
US$37.90b
Debt
| Interest coverage ratio | -13751x |
| Cash | US$4.76b |
| Equity | US$19.40b |
| Total liabilities | US$66.87b |
| Total assets | US$86.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAT1's short term assets ($44.9B) exceed its short term liabilities ($32.2B).
Long Term Liabilities: CAT1's short term assets ($44.9B) exceed its long term liabilities ($34.7B).
Debt to Equity History and Analysis
Debt Level: CAT1's net debt to equity ratio (170.8%) is considered high.
Reducing Debt: CAT1's debt to equity ratio has reduced from 253.2% to 195.3% over the past 5 years.
Debt Coverage: CAT1's debt is well covered by operating cash flow (33.4%).
Interest Coverage: CAT1 earns more interest than it pays, so coverage of interest payments is not a concern.