Carrier Global Balance Sheet Health
Financial Health criteria checks 3/6
Carrier Global has a total shareholder equity of $9.0B and total debt of $14.3B, which brings its debt-to-equity ratio to 158.7%. Its total assets and total liabilities are $32.8B and $23.8B respectively. Carrier Global's EBIT is $2.3B making its interest coverage ratio 10.8. It has cash and short-term investments of $10.0B.
Key information
158.7%
Debt to equity ratio
US$14.29b
Debt
| Interest coverage ratio | 10.8x |
| Cash | US$10.02b |
| Equity | US$9.01b |
| Total liabilities | US$23.82b |
| Total assets | US$32.82b |
Recent financial health updates
Is Carrier Global (NYSE:CARR) A Risky Investment?
Jan 02
Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?
Sep 26Carrier Global (NYSE:CARR) Has A Pretty Healthy Balance Sheet
Jun 04We Think Carrier Global (NYSE:CARR) Can Stay On Top Of Its Debt
Feb 28Here's Why Carrier Global (NYSE:CARR) Can Manage Its Debt Responsibly
Nov 09Recent updates
At US$58.13, Is Carrier Global Corporation (NYSE:CARR) Worth Looking At Closely?
Apr 01Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)
Mar 14Carrier Global: Strong After-Market And Heat Pump Segment; Weak Residential Market
Feb 12The Price Is Right For Carrier Global Corporation (NYSE:CARR)
Jan 20Carrier Global: Carrying Great Momentum Into 2024
Jan 09Is Carrier Global (NYSE:CARR) A Risky Investment?
Jan 02Carrier Global's (NYSE:CARR) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 12Carrier Global (NYSE:CARR) Has Some Way To Go To Become A Multi-Bagger
Dec 11Carrier: Cool Things Happening In 2024
Dec 05A Look At The Fair Value Of Carrier Global Corporation (NYSE:CARR)
Nov 10Carrier Global: Trading At 20x FCF With Strong Margin Expansion; Maintain 'Strong Buy' Rating
Oct 30Is Carrier Global Corporation (NYSE:CARR) Potentially Undervalued?
Oct 26Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?
Sep 26Carrier Global: A Compounder In Heat Pumps And Climate Solutions
Sep 16Carrier Global (NYSE:CARR) Could Be At Risk Of Shrinking As A Company
Sep 11Carrier Global: Rating Downgrade As Share Price Has Reflected Its Fair Value
Aug 10Are Carrier Global Corporation (NYSE:CARR) Investors Paying Above The Intrinsic Value?
Jul 31Should You Think About Buying Carrier Global Corporation (NYSE:CARR) Now?
Jul 19Did Carrier Just Become A Must-Own Stock? The Potential Behind The Viessmann Acquisition
Jul 03Johnson Controls Or Carrier Global? Picking The Winner
Jun 27Carrier Global (NYSE:CARR) Is Paying Out A Larger Dividend Than Last Year
Jun 13Carrier Global (NYSE:CARR) Has A Pretty Healthy Balance Sheet
Jun 04Carrier Global: Another Buying Opportunity Has Presented Itself
May 29Carrier Global (NYSE:CARR) Has Some Difficulty Using Its Capital Effectively
May 23Carrier Global (NYSE:CARR) Is Paying Out A Larger Dividend Than Last Year
Apr 24Estimating The Fair Value Of Carrier Global Corporation (NYSE:CARR)
Apr 04Is Carrier Global Corporation (NYSE:CARR) Potentially Undervalued?
Mar 13We Think Carrier Global (NYSE:CARR) Can Stay On Top Of Its Debt
Feb 28The Returns At Carrier Global (NYSE:CARR) Aren't Growing
Feb 16Carrier Global Q4 2022 Earnings Preview
Feb 06With EPS Growth And More, Carrier Global (NYSE:CARR) Makes An Interesting Case
Feb 03Carrier Global: Decent Upside Expected As Business Continues To Perform Well
Jan 26Carrier Global: Wait For A Better Price
Jan 16Estimating The Intrinsic Value Of Carrier Global Corporation (NYSE:CARR)
Dec 28Carrier Global: Good Growth Prospects
Dec 23Carrier Global raises quarterly dividend by 23% to $0.185/share
Dec 07Should You Investigate Carrier Global Corporation (NYSE:CARR) At US$43.89?
Nov 22Here's Why Carrier Global (NYSE:CARR) Can Manage Its Debt Responsibly
Nov 09Carrier: Hot And Cold
Oct 28Carrier Global declares $0.15 dividend
Oct 13Carrier Global: A Recalibration In Expectations
Oct 03Slowing Rates Of Return At Carrier Global (NYSE:CARR) Leave Little Room For Excitement
Sep 26Is Carrier Global Corporation (NYSE:CARR) Trading At A 31% Discount?
Sep 12Is It Too Late To Consider Buying Carrier Global Corporation (NYSE:CARR)?
Aug 01Financial Position Analysis
Short Term Liabilities: CARR's short term assets ($18.8B) exceed its short term liabilities ($6.9B).
Long Term Liabilities: CARR's short term assets ($18.8B) exceed its long term liabilities ($16.9B).
Debt to Equity History and Analysis
Debt Level: CARR's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: CARR's debt to equity ratio has increased from 2% to 158.7% over the past 5 years.
Debt Coverage: CARR's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: CARR's interest payments on its debt are well covered by EBIT (10.8x coverage).