CNH Industrial Balance Sheet Health
Financial Health criteria checks 4/6
CNH Industrial has a total shareholder equity of $8.0B and total debt of $27.9B, which brings its debt-to-equity ratio to 348.5%. Its total assets and total liabilities are $45.7B and $37.7B respectively. CNH Industrial's EBIT is $2.8B making its interest coverage ratio 22.4. It has cash and short-term investments of $2.7B.
Key information
348.5%
Debt to equity ratio
US$27.92b
Debt
Interest coverage ratio | 22.4x |
Cash | US$2.74b |
Equity | US$8.01b |
Total liabilities | US$37.71b |
Total assets | US$45.73b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1CNHIM's short term assets ($34.8B) exceed its short term liabilities ($7.8B).
Long Term Liabilities: 1CNHIM's short term assets ($34.8B) exceed its long term liabilities ($29.9B).
Debt to Equity History and Analysis
Debt Level: 1CNHIM's net debt to equity ratio (314.3%) is considered high.
Reducing Debt: 1CNHIM's debt to equity ratio has reduced from 439.8% to 348.5% over the past 5 years.
Debt Coverage: 1CNHIM's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 1CNHIM's interest payments on its debt are well covered by EBIT (22.4x coverage).