Carrier Global Balance Sheet Health
Financial Health criteria checks 3/6
Carrier Global has a total shareholder equity of $14.1B and total debt of $13.3B, which brings its debt-to-equity ratio to 94.6%. Its total assets and total liabilities are $40.4B and $26.3B respectively. Carrier Global's EBIT is $2.1B making its interest coverage ratio 5. It has cash and short-term investments of $2.9B.
Key information
94.6%
Debt to equity ratio
US$13.32b
Debt
| Interest coverage ratio | 5x |
| Cash | US$2.92b |
| Equity | US$14.08b |
| Total liabilities | US$26.35b |
| Total assets | US$40.42b |
Recent financial health updates
Is Carrier Global (NYSE:CARR) A Risky Investment?
Jul 21
Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?
Apr 19Is Carrier Global (NYSE:CARR) A Risky Investment?
Jan 02Does 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 28Recent updates
Earnings Beat: Carrier Global Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 29Carrier: Some Parts Are Hotter Than Others
Jul 26Is Carrier Global (NYSE:CARR) A Risky Investment?
Jul 21When Should You Buy Carrier Global Corporation (NYSE:CARR)?
Jul 03Carrier's Business Transformation Adds Value
Jun 28Carrier Global (NYSE:CARR) Is Due To Pay A Dividend Of $0.19
Jun 15The Price Is Right For Carrier Global Corporation (NYSE:CARR)
May 21We Think That There Are More Issues For Carrier Global (NYSE:CARR) Than Just Sluggish Earnings
May 03Carrier: Not Too Hot Yet
Apr 27Carrier Global (NYSE:CARR) Is Paying Out A Dividend Of $0.19
Apr 26Does Carrier Global (NYSE:CARR) Have A Healthy Balance Sheet?
Apr 19At 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 16Financial Position Analysis
Short Term Liabilities: CARR's short term assets ($11.6B) exceed its short term liabilities ($10.7B).
Long Term Liabilities: CARR's short term assets ($11.6B) do not cover its long term liabilities ($15.7B).
Debt to Equity History and Analysis
Debt Level: CARR's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: CARR's debt to equity ratio has increased from 5% to 94.6% over the past 5 years.
Debt Coverage: CARR's debt is well covered by operating cash flow (21%).
Interest Coverage: CARR's interest payments on its debt are well covered by EBIT (5x coverage).