This company has been acquired
Meritor Balance Sheet Health
Financial Health criteria checks 4/6
Key information
141.96%
Debt to equity ratio
US$1.04b
Debt
Interest coverage ratio | 4x |
Cash | US$105.00m |
Equity | US$734.00m |
Total liabilities | US$2.52b |
Total assets | US$3.25b |
Recent financial health updates
Here's Why Meritor (NYSE:MTOR) Can Manage Its Debt Responsibly
Dec 14We Think Meritor (NYSE:MTOR) Is Taking Some Risk With Its Debt
Aug 20Is Meritor (NYSE:MTOR) Using Too Much Debt?
May 04Is Meritor (NYSE:MTOR) Using Too Much Debt?
Jan 25Recent updates
Meritor Non-GAAP EPS of $1.07 beats by $0.19, revenue of $1.21B beats by $140M
Aug 02Cummins' Bid For Meritor Underlines The Value Of Quality ICE/EV Component Portfolios
Feb 23Is Now An Opportune Moment To Examine Meritor, Inc. (NYSE:MTOR)?
Feb 15Here's Why Meritor (NYSE:MTOR) Can Manage Its Debt Responsibly
Dec 14An Intrinsic Calculation For Meritor, Inc. (NYSE:MTOR) Suggests It's 45% Undervalued
Nov 23Meritor Already Discounting A Significant Correction In Commercial Vehicles
Sep 02We Think Meritor (NYSE:MTOR) Is Taking Some Risk With Its Debt
Aug 20A Look At The Intrinsic Value Of Meritor, Inc. (NYSE:MTOR)
Jun 15Is Meritor (NYSE:MTOR) Using Too Much Debt?
May 04Should You Be Excited About Meritor, Inc.'s (NYSE:MTOR) 42% Return On Equity?
Mar 15Don't Ignore The Fact That This Insider Just Sold Some Shares In Meritor, Inc. (NYSE:MTOR)
Feb 21Meritor (NYSE:MTOR) Shareholders Have Enjoyed A Whopping 341% Share Price Gain
Feb 12Is Meritor (NYSE:MTOR) Using Too Much Debt?
Jan 25We're Not Counting On Meritor (NYSE:MTOR) To Sustain Its Statutory Profitability
Jan 08Is There An Opportunity With Meritor, Inc.'s (NYSE:MTOR) 44% Undervaluation?
Dec 24Should You Be Excited About Meritor, Inc.'s (NYSE:MTOR) 50% Return On Equity?
Dec 09This Insider Has Just Sold Shares In Meritor, Inc. (NYSE:MTOR)
Nov 24Financial Position Analysis
Short Term Liabilities: MTOR's short term assets ($1.6B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: MTOR's short term assets ($1.6B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: MTOR's net debt to equity ratio (127.7%) is considered high.
Reducing Debt: MTOR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MTOR's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: MTOR's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/08/03 06:47 |
End of Day Share Price | 2022/08/02 00:00 |
Earnings | 2022/06/30 |
Annual Earnings | 2021/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Meritor, Inc. is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Kristine Kubacki | Avondale Partners |
David Leiker | Baird |
Brian Johnson | Barclays |