Ternium Balance Sheet Health
Financial Health criteria checks 6/6
Ternium has a total shareholder equity of $16.3B and total debt of $2.2B, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are $23.9B and $7.6B respectively. Ternium's EBIT is $1.8B making its interest coverage ratio -13.5. It has cash and short-term investments of $3.9B.
Key information
13.4%
Debt to equity ratio
US$2.19b
Debt
| Interest coverage ratio | -13.5x |
| Cash | US$3.86b |
| Equity | US$16.33b |
| Total liabilities | US$7.61b |
| Total assets | US$23.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TX *'s short term assets ($11.7B) exceed its short term liabilities ($4.0B).
Long Term Liabilities: TX *'s short term assets ($11.7B) exceed its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: TX * has more cash than its total debt.
Reducing Debt: TX *'s debt to equity ratio has reduced from 31.2% to 13.4% over the past 5 years.
Debt Coverage: TX *'s debt is well covered by operating cash flow (98.4%).
Interest Coverage: TX * earns more interest than it pays, so coverage of interest payments is not a concern.