Textron Balance Sheet Health
Financial Health criteria checks 6/6
Textron has a total shareholder equity of $6.9B and total debt of $3.5B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are $16.4B and $9.6B respectively. Textron's EBIT is $1.3B making its interest coverage ratio 20.4. It has cash and short-term investments of $1.3B.
Key information
51.0%
Debt to equity ratio
US$3.49b
Debt
| Interest coverage ratio | 20.4x |
| Cash | US$1.35b |
| Equity | US$6.85b |
| Total liabilities | US$9.58b |
| Total assets | US$16.43b |
Recent financial health updates
These 4 Measures Indicate That Textron (NYSE:TXT) Is Using Debt Reasonably Well
Aug 18
Here's Why Textron (NYSE:TXT) Can Manage Its Debt Responsibly
Feb 18These 4 Measures Indicate That Textron (NYSE:TXT) Is Using Debt Reasonably Well
Nov 13We Think Textron (NYSE:TXT) Can Stay On Top Of Its Debt
Aug 14Does Textron (NYSE:TXT) Have A Healthy Balance Sheet?
Apr 25These 4 Measures Indicate That Textron (NYSE:TXT) Is Using Debt Reasonably Well
Jan 09Recent updates
Are Investors Undervaluing Textron Inc. (NYSE:TXT) By 43%?
Aug 30These 4 Measures Indicate That Textron (NYSE:TXT) Is Using Debt Reasonably Well
Aug 18Textron's (NYSE:TXT) Returns Have Hit A Wall
Jul 15Textron Cruising With A Healthy Backlog, But Turbulence Seems All But Inevitable
Jul 03Here's Why We Think Textron (NYSE:TXT) Is Well Worth Watching
Jun 23Cautious Investors Not Rewarding Textron Inc.'s (NYSE:TXT) Performance Completely
Jun 12Is There An Opportunity With Textron Inc.'s (NYSE:TXT) 36% Undervaluation?
Jun 01Textron's (NYSE:TXT) Performance Is Even Better Than Its Earnings Suggest
May 03Textron: A Post-Earnings Plunge Is My Buying Opportunity
Apr 29Here's Why Shareholders May Want To Be Cautious With Increasing Textron Inc.'s (NYSE:TXT) CEO Pay Packet
Apr 18Returns At Textron (NYSE:TXT) Appear To Be Weighed Down
Apr 08Why Textron Inc. (NYSE:TXT) Could Be Worth Watching
Mar 13Is There An Opportunity With Textron Inc.'s (NYSE:TXT) 40% Undervaluation?
Mar 01Here's Why Textron (NYSE:TXT) Can Manage Its Debt Responsibly
Feb 18It's A Story Of Risk Vs Reward With Textron Inc. (NYSE:TXT)
Feb 06Textron Inc.: Bullish Into 2024 Earnings Momentum
Jan 25Here's Why We Think Textron (NYSE:TXT) Is Well Worth Watching
Jan 09Textron: From Underperformer To Winner?
Dec 28Textron: An Up To 50% Undervalued Industrial Buyback Star
Dec 21Textron (NYSE:TXT) Has More To Do To Multiply In Value Going Forward
Dec 17What Is Textron Inc.'s (NYSE:TXT) Share Price Doing?
Dec 06Textron: Demand Is Robust And Its Venture Into Unmanned Cargo Aircraft Segment
Nov 15These 4 Measures Indicate That Textron (NYSE:TXT) Is Using Debt Reasonably Well
Nov 13Textron Stock Can Soar With Robust Shareholder Returns
Oct 31Textron Inc. (NYSE:TXT) Shares Could Be 36% Below Their Intrinsic Value Estimate
Oct 19A Deep Dive Into Textron Stock: A Cautious 'Buy'
Oct 10Does Textron (NYSE:TXT) Deserve A Spot On Your Watchlist?
Oct 07Return Trends At Textron (NYSE:TXT) Aren't Appealing
Aug 28We Think Textron (NYSE:TXT) Can Stay On Top Of Its Debt
Aug 14Textron: Positive Outlook Looks Priced In By Post-Earnings Bounce
Aug 01At US$76.38, Is It Time To Put Textron Inc. (NYSE:TXT) On Your Watch List?
Jul 31Textron: Strategic Acquisitions Resulting In Compounding Growth
Jul 24Here's Why We Think Textron (NYSE:TXT) Might Deserve Your Attention Today
Jul 03Textron Inc. (NYSE:TXT) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jun 19Returns On Capital At Textron (NYSE:TXT) Have Hit The Brakes
May 21Does Textron (NYSE:TXT) Have A Healthy Balance Sheet?
Apr 25Should You Be Adding Textron (NYSE:TXT) To Your Watchlist Today?
Mar 15Textron Inc.'s (NYSE:TXT) Intrinsic Value Is Potentially 32% Above Its Share Price
Mar 03Textron declares $0.02 dividend
Feb 22Textron: Likely A Stock To Hold For A Decade
Feb 14Returns On Capital At Textron (NYSE:TXT) Have Stalled
Feb 06Textron Q4 2022 Earnings Preview
Jan 24These 4 Measures Indicate That Textron (NYSE:TXT) Is Using Debt Reasonably Well
Jan 09Bell Helicopter, part of Textron bags $134.6M US Army modification contract
Dec 20What Is Textron Inc.'s (NYSE:TXT) Share Price Doing?
Dec 12Textron Wins FLRAA Contest, Crushing Boeing And Lockheed Martin
Dec 06Should You Be Adding Textron (NYSE:TXT) To Your Watchlist Today?
Nov 29Are Investors Undervaluing Textron Inc. (NYSE:TXT) By 23%?
Nov 21Textron Drifting, As Its Main Drivers Now Are Outside Of Its Control
Nov 09Financial Position Analysis
Short Term Liabilities: TXT's short term assets ($8.0B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: TXT's short term assets ($8.0B) exceed its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: TXT's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: TXT's debt to equity ratio has reduced from 74.7% to 51% over the past 5 years.
Debt Coverage: TXT's debt is well covered by operating cash flow (33.4%).
Interest Coverage: TXT's interest payments on its debt are well covered by EBIT (20.4x coverage).