Terex Balance Sheet Health
Financial Health criteria checks 6/6
Terex has a total shareholder equity of $1.7B and total debt of $614.5M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are $3.6B and $1.9B respectively. Terex's EBIT is $629.9M making its interest coverage ratio 11.3. It has cash and short-term investments of $370.7M.
Key information
36.7%
Debt to equity ratio
US$614.50m
Debt
Interest coverage ratio | 11.3x |
Cash | US$370.70m |
Equity | US$1.67b |
Total liabilities | US$1.94b |
Total assets | US$3.62b |
Recent financial health updates
These 4 Measures Indicate That Terex (NYSE:TEX) Is Using Debt Reasonably Well
Apr 20Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?
Dec 03Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?
Jul 30Terex (NYSE:TEX) Seems To Use Debt Quite Sensibly
Apr 21Is Terex (NYSE:TEX) A Risky Investment?
Jan 08Recent updates
Terex: The Market Has Missed This Wonderful Company
Apr 26These 4 Measures Indicate That Terex (NYSE:TEX) Is Using Debt Reasonably Well
Apr 20Terex Corporation's (NYSE:TEX) Low P/E No Reason For Excitement
Apr 08Should You Investigate Terex Corporation (NYSE:TEX) At US$61.79?
Mar 22Here's Why We Think Terex (NYSE:TEX) Might Deserve Your Attention Today
Mar 08Terex: A Worldwide Leader Being Pushed By Strong Tailwinds, Is It An Opportunity Or A Value Trap?
Feb 12Terex Corporation's (NYSE:TEX) Intrinsic Value Is Potentially 37% Above Its Share Price
Jan 30Why We Like The Returns At Terex (NYSE:TEX)
Jan 18Terex Corporation: A Winner In Multiple Aspects
Jan 02Lacklustre Performance Is Driving Terex Corporation's (NYSE:TEX) Low P/E
Jan 02Is There Now An Opportunity In Terex Corporation (NYSE:TEX)?
Dec 15Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?
Dec 03Terex Corporation: Impressive Q3 2023 Performance And Positive Outlook Ahead (Ratings Upgrade)
Nov 01Are Investors Undervaluing Terex Corporation (NYSE:TEX) By 48%?
Oct 30Under The Bonnet, Terex's (NYSE:TEX) Returns Look Impressive
Oct 17Terex: The Best Conditions Of The Last Decade May Continue Into 2024
Oct 11We Ran A Stock Scan For Earnings Growth And Terex (NYSE:TEX) Passed With Ease
Sep 21Terex Corporation: Rating Downgrade As Share Price Has Reached My Target Price
Sep 07Is Now An Opportune Moment To Examine Terex Corporation (NYSE:TEX)?
Sep 03Terex Corporation: A Strong Q2 Performance Fuels Growth Prospects
Aug 04Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?
Jul 30Terex (NYSE:TEX) Is Very Good At Capital Allocation
Jul 17A Look At The Fair Value Of Terex Corporation (NYSE:TEX)
Jul 05We Ran A Stock Scan For Earnings Growth And Terex (NYSE:TEX) Passed With Ease
Jun 01Terex: Upgraded To Buy Rating As Valuation Has Corrected
May 29What Does Terex Corporation's (NYSE:TEX) Share Price Indicate?
May 05Terex (NYSE:TEX) Seems To Use Debt Quite Sensibly
Apr 21Why We Like The Returns At Terex (NYSE:TEX)
Apr 08Estimating The Intrinsic Value Of Terex Corporation (NYSE:TEX)
Mar 27Here's Why Terex (NYSE:TEX) Has Caught The Eye Of Investors
Mar 03Terex Enters 2023 With Strong Momentum, But Mind Some Of The Risks
Feb 19Terex (NYSE:TEX) Is Increasing Its Dividend To $0.15
Feb 12Terex raises dividend by 15% to $0.15/share
Feb 09Is It Time To Consider Buying Terex Corporation (NYSE:TEX)?
Feb 01Is Terex (NYSE:TEX) A Risky Investment?
Jan 08Is There An Opportunity With Terex Corporation's (NYSE:TEX) 39% Undervaluation?
Dec 22The Rebound At Terex Should Have Legs
Dec 14Terex (NYSE:TEX) Is Doing The Right Things To Multiply Its Share Price
Dec 08With EPS Growth And More, Terex (NYSE:TEX) Makes An Interesting Case
Nov 25Financial Position Analysis
Short Term Liabilities: TEX's short term assets ($2.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: TEX's short term assets ($2.2B) exceed its long term liabilities ($824.0M).
Debt to Equity History and Analysis
Debt Level: TEX's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: TEX's debt to equity ratio has reduced from 141.1% to 36.7% over the past 5 years.
Debt Coverage: TEX's debt is well covered by operating cash flow (74.7%).
Interest Coverage: TEX's interest payments on its debt are well covered by EBIT (11.3x coverage).