Terex Balance Sheet Health
Financial Health criteria checks 6/6
Terex has a total shareholder equity of $1.7B and total debt of $724.1M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are $3.8B and $2.0B respectively. Terex's EBIT is $640.5M making its interest coverage ratio 11.8. It has cash and short-term investments of $364.9M.
Key information
41.8%
Debt to equity ratio
US$724.10m
Debt
| Interest coverage ratio | 11.8x |
| Cash | US$364.90m |
| Equity | US$1.73b |
| Total liabilities | US$2.03b |
| Total assets | US$3.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEX *'s short term assets ($2.4B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: TEX *'s short term assets ($2.4B) exceed its long term liabilities ($922.8M).
Debt to Equity History and Analysis
Debt Level: TEX *'s net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: TEX *'s debt to equity ratio has reduced from 188.3% to 41.8% over the past 5 years.
Debt Coverage: TEX *'s debt is well covered by operating cash flow (57.5%).
Interest Coverage: TEX *'s interest payments on its debt are well covered by EBIT (11.8x coverage).