CNH Industrial Balance Sheet Health
Financial Health criteria checks 4/6
CNH Industrial has a total shareholder equity of $7.8B and total debt of $27.4B, which brings its debt-to-equity ratio to 352.4%. Its total assets and total liabilities are $44.0B and $36.3B respectively. CNH Industrial's EBIT is $2.2B making its interest coverage ratio 13.8. It has cash and short-term investments of $1.5B.
Key information
352.4%
Debt to equity ratio
US$27.38b
Debt
| Interest coverage ratio | 13.8x |
| Cash | US$1.46b |
| Equity | US$7.77b |
| Total liabilities | US$36.26b |
| Total assets | US$44.03b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1CNHI's short term assets ($33.1B) exceed its short term liabilities ($6.8B).
Long Term Liabilities: 1CNHI's short term assets ($33.1B) exceed its long term liabilities ($29.5B).
Debt to Equity History and Analysis
Debt Level: 1CNHI's net debt to equity ratio (333.6%) is considered high.
Reducing Debt: 1CNHI's debt to equity ratio has reduced from 388.8% to 352.4% over the past 5 years.
Debt Coverage: 1CNHI's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 1CNHI's interest payments on its debt are well covered by EBIT (13.8x coverage).