Caterpillar Balance Sheet Health
Financial Health criteria checks 5/6
Caterpillar has a total shareholder equity of $19.4B and total debt of $37.9B, which brings its debt-to-equity ratio to 195.3%. Its total assets and total liabilities are $86.3B and $66.9B respectively. Caterpillar's EBIT is $13.8B making its interest coverage ratio -13751. It has cash and short-term investments of $4.8B.
Key information
195.3%
Debt to equity ratio
US$37.90b
Debt
| Interest coverage ratio | -13751x |
| Cash | US$4.76b |
| Equity | US$19.40b |
| Total liabilities | US$66.87b |
| Total assets | US$86.27b |
Recent financial health updates
Does Caterpillar (NYSE:CAT) Have A Healthy Balance Sheet?
Oct 04
Is Caterpillar (NYSE:CAT) A Risky Investment?
May 11Is Caterpillar (NYSE:CAT) A Risky Investment?
Feb 05Recent updates
We Ran A Stock Scan For Earnings Growth And Caterpillar (NYSE:CAT) Passed With Ease
Nov 13Caterpillar Q3: There Are More Pressing Issues Than The Earnings Miss
Oct 30Is Caterpillar Inc. (NYSE:CAT) Expensive For A Reason? A Look At Its Intrinsic Value
Oct 27Caterpillar: 4 Major CATalysts
Oct 23Returns on Capital Paint A Bright Future For Caterpillar (NYSE:CAT)
Oct 15Does Caterpillar (NYSE:CAT) Have A Healthy Balance Sheet?
Oct 04Caterpillar: The Macroeconomic Factors Fueling Its Resilience (Rating Upgrade)
Sep 22Caterpillar Inc.'s (NYSE:CAT) Earnings Are Not Doing Enough For Some Investors
Sep 16Caterpillar: Why I'd Wait Before Adding To Existing Position (Rating Downgrade)
Aug 29At US$342, Is It Time To Put Caterpillar Inc. (NYSE:CAT) On Your Watch List?
Aug 23Dividend Resilience: Unveiling Caterpillar's Secret Sauce
Aug 20Caterpillar: Every Good Tale Must Come To An End
Aug 02Why I Remain Bullish On Caterpillar Dividends
Jul 21Caterpillar (NYSE:CAT) Will Pay A Larger Dividend Than Last Year At $1.41
Jul 19Here's Why Caterpillar (NYSE:CAT) Has Caught The Eye Of Investors
Jul 16Investors Shouldn't Overlook Caterpillar's (NYSE:CAT) Impressive Returns On Capital
Jul 05Estimating The Intrinsic Value Of Caterpillar Inc. (NYSE:CAT)
Jun 24Caterpillar: Material Downside To Consensus Estimates
Jun 18Caterpillar Inc.'s (NYSE:CAT) Price Is Right But Growth Is Lacking
Jun 13Caterpillar: Continued Upgrades Will Drive A Re-Rating; Buy
Jun 12Is There Now An Opportunity In Caterpillar Inc. (NYSE:CAT)?
May 22Caterpillar: The Dividend Aristocrat With A Growth Engine, A One-Stop Shop
May 18Is Caterpillar (NYSE:CAT) A Risky Investment?
May 11Caterpillar Inc. Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 27Caterpillar: Market Leading Compounder With Limited Valuation Upside
Apr 15We Ran A Stock Scan For Earnings Growth And Caterpillar (NYSE:CAT) Passed With Ease
Apr 06The Trend Of High Returns At Caterpillar (NYSE:CAT) Has Us Very Interested
Mar 26Is Caterpillar Inc. (NYSE:CAT) Trading At A 35% Discount?
Mar 15Caterpillar: Delivered Impressive 2023 Earnings, The Stock Is Priced To Perfection
Mar 14The Caterpillar Inc. (NYSE:CAT) Full-Year Results Are Out And Analysts Have Published New Forecasts
Feb 20Caterpillar: Why The Stock Has Upside Potential From Current Levels
Feb 11Is Caterpillar (NYSE:CAT) A Risky Investment?
Feb 05Caterpillar Q4 Earnings Report: What Investors Need To Know
Feb 02Is Now The Time To Look At Buying Caterpillar Inc. (NYSE:CAT)?
Jan 24Caterpillar Could Fly Higher If Cyclical And Secular Tailwinds Align
Jan 09Investor Optimism Abounds Caterpillar Inc. (NYSE:CAT) But Growth Is Lacking
Dec 19Financial Position Analysis
Short Term Liabilities: CAT's short term assets ($44.9B) exceed its short term liabilities ($32.2B).
Long Term Liabilities: CAT's short term assets ($44.9B) exceed its long term liabilities ($34.7B).
Debt to Equity History and Analysis
Debt Level: CAT's net debt to equity ratio (170.8%) is considered high.
Reducing Debt: CAT's debt to equity ratio has reduced from 253.2% to 195.3% over the past 5 years.
Debt Coverage: CAT's debt is well covered by operating cash flow (33.4%).
Interest Coverage: CAT earns more interest than it pays, so coverage of interest payments is not a concern.