Terex Balance Sheet Health
Financial Health criteria checks 6/6
Terex has a total shareholder equity of $2.0B and total debt of $628.0M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are $3.8B and $1.8B respectively. Terex's EBIT is $581.9M making its interest coverage ratio 11.9. It has cash and short-term investments of $352.0M.
Key information
32.1%
Debt to equity ratio
US$628.00m
Debt
| Interest coverage ratio | 11.9x |
| Cash | US$352.00m |
| Equity | US$1.96b |
| Total liabilities | US$1.82b |
| Total assets | US$3.78b |
Recent financial health updates
Is Terex (NYSE:TEX) A Risky Investment?
Jul 30
These 4 Measures Indicate That Terex (NYSE:TEX) Is Using Debt Reasonably Well
Apr 20Does Terex (NYSE:TEX) Have A Healthy Balance Sheet?
Dec 03Recent updates
Terex Corporation: Softness At The Worst Time
Dec 16Terex Corporation's (NYSE:TEX) Shares Lagging The Market But So Is The Business
Nov 26Terex's (NYSE:TEX) Dividend Will Be $0.17
Nov 02Terex (NYSE:TEX) Has Affirmed Its Dividend Of $0.17
Oct 18Terex: Still A Buy Even If The ESG Acquisition Lowers Its Intrinsic Value (Valuation Update)
Sep 30Do Terex's (NYSE:TEX) Earnings Warrant Your Attention?
Sep 19Terex: M&A Company With Good ROIC Trading At Fair Value
Aug 26When Should You Buy Terex Corporation (NYSE:TEX)?
Aug 19Terex (NYSE:TEX) Is Paying Out A Dividend Of $0.17
Aug 02Is Terex (NYSE:TEX) A Risky Investment?
Jul 30Insufficient Growth At Terex Corporation (NYSE:TEX) Hampers Share Price
Jul 14Terex Corporation: Current Valuation Does Not Justify This Amazing Company
Jul 09Here's Why Terex (NYSE:TEX) Has Caught The Eye Of Investors
Jun 13A Look At The Intrinsic Value Of Terex Corporation (NYSE:TEX)
May 02Terex: 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 30Financial Position Analysis
Short Term Liabilities: TEX's short term assets ($2.4B) exceed its short term liabilities ($996.0M).
Long Term Liabilities: TEX's short term assets ($2.4B) exceed its long term liabilities ($828.0M).
Debt to Equity History and Analysis
Debt Level: TEX's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: TEX's debt to equity ratio has reduced from 135.7% to 32.1% over the past 5 years.
Debt Coverage: TEX's debt is well covered by operating cash flow (54%).
Interest Coverage: TEX's interest payments on its debt are well covered by EBIT (11.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:36 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Terex Corporation is covered by 41 analysts. 11 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 |
| Mircea Dobre | Baird |
| Andrew Kaplowitz | Barclays |