Caterpillar Balance Sheet Health
Financial Health criteria checks 5/6
Caterpillar has a total shareholder equity of $17.6B and total debt of $37.9B, which brings its debt-to-equity ratio to 214.5%. Its total assets and total liabilities are $83.7B and $66.1B respectively. Caterpillar's EBIT is $14.5B making its interest coverage ratio 467.6. It has cash and short-term investments of $4.0B.
Key information
214.5%
Debt to equity ratio
US$37.85b
Debt
Interest coverage ratio | 467.6x |
Cash | US$3.96b |
Equity | US$17.65b |
Total liabilities | US$66.10b |
Total assets | US$83.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAT1's short term assets ($43.7B) exceed its short term liabilities ($32.4B).
Long Term Liabilities: CAT1's short term assets ($43.7B) exceed its long term liabilities ($33.7B).
Debt to Equity History and Analysis
Debt Level: CAT1's net debt to equity ratio (192.1%) is considered high.
Reducing Debt: CAT1's debt to equity ratio has reduced from 231.6% to 214.5% over the past 5 years.
Debt Coverage: CAT1's debt is well covered by operating cash flow (35.3%).
Interest Coverage: CAT1's interest payments on its debt are well covered by EBIT (467.6x coverage).