Terex Balance Sheet Health
Financial Health criteria checks 6/6
Terex has a total shareholder equity of $2.0B and total debt of $628.0M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are $3.8B and $1.8B respectively. Terex's EBIT is $581.9M making its interest coverage ratio 11.9. It has cash and short-term investments of $352.0M.
Key information
32.1%
Debt to equity ratio
US$628.00m
Debt
| Interest coverage ratio | 11.9x |
| Cash | US$352.00m |
| Equity | US$1.96b |
| Total liabilities | US$1.82b |
| Total assets | US$3.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXG's short term assets ($2.4B) exceed its short term liabilities ($996.0M).
Long Term Liabilities: TXG's short term assets ($2.4B) exceed its long term liabilities ($828.0M).
Debt to Equity History and Analysis
Debt Level: TXG's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: TXG's debt to equity ratio has reduced from 135.7% to 32.1% over the past 5 years.
Debt Coverage: TXG's debt is well covered by operating cash flow (54%).
Interest Coverage: TXG's interest payments on its debt are well covered by EBIT (11.9x coverage).