Mohawk Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mohawk Industries has a total shareholder equity of $7.6B and total debt of $2.5B, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are $13.5B and $5.9B respectively. Mohawk Industries's EBIT is $810.4M making its interest coverage ratio 10.8. It has cash and short-term investments of $658.5M.
Key information
33.2%
Debt to equity ratio
US$2.54b
Debt
Interest coverage ratio | 10.8x |
Cash | US$658.50m |
Equity | US$7.65b |
Total liabilities | US$5.88b |
Total assets | US$13.53b |
Recent financial health updates
Is Mohawk Industries (NYSE:MHK) Using Too Much Debt?
Jul 11These 4 Measures Indicate That Mohawk Industries (NYSE:MHK) Is Using Debt Extensively
Apr 11Mohawk Industries (NYSE:MHK) Has A Somewhat Strained Balance Sheet
Jan 02Mohawk Industries (NYSE:MHK) Has A Somewhat Strained Balance Sheet
Sep 22Does Mohawk Industries (NYSE:MHK) Have A Healthy Balance Sheet?
Jun 23Mohawk Industries (NYSE:MHK) Has A Somewhat Strained Balance Sheet
Mar 10Recent updates
Is Mohawk Industries (NYSE:MHK) Using Too Much Debt?
Jul 11Is There An Opportunity With Mohawk Industries, Inc.'s (NYSE:MHK) 39% Undervaluation?
May 14Mohawk Industries: Upgrade To Buy On Clearer View Of Recovery
May 13Mohawk Industries: Housing Market Still Suppressing The Flooring Industry
May 06Mohawk Industries' (NYSE:MHK) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 29These 4 Measures Indicate That Mohawk Industries (NYSE:MHK) Is Using Debt Extensively
Apr 11Mohawk Industries: Staying Neutral For Now Until More Evidence Of Recovery
Feb 17Are Investors Undervaluing Mohawk Industries, Inc. (NYSE:MHK) By 25%?
Feb 01Returns On Capital Signal Difficult Times Ahead For Mohawk Industries (NYSE:MHK)
Jan 17Mohawk Industries: Underappreciated Margins Hidden Behind Macro Woes
Jan 05Mohawk Industries (NYSE:MHK) Has A Somewhat Strained Balance Sheet
Jan 02After Leaping 25% Mohawk Industries, Inc. (NYSE:MHK) Shares Are Not Flying Under The Radar
Dec 18Mohawk Industries: Macro Headwinds Not Going Away Yet
Nov 21Is Mohawk Industries, Inc. (NYSE:MHK) Potentially Undervalued?
Nov 15Are Investors Undervaluing Mohawk Industries, Inc. (NYSE:MHK) By 47%?
Oct 28Mohawk Industries: Poorly Managed With Serious Headwinds Ahead
Oct 24Mohawk Industries: The 'Floor' Isn't In Yet For Stock Price
Oct 16Some Investors May Be Worried About Mohawk Industries' (NYSE:MHK) Returns On Capital
Oct 10Mohawk Industries (NYSE:MHK) Has A Somewhat Strained Balance Sheet
Sep 22Why Mohawk Industries, Inc. (NYSE:MHK) Could Be Worth Watching
Aug 11Mohawk Industries: Remain Hold As Q2 Margin Is Not Improving As Much I Expected
Jul 28Calculating The Fair Value Of Mohawk Industries, Inc. (NYSE:MHK)
Jul 27Some Investors May Be Worried About Mohawk Industries' (NYSE:MHK) Returns On Capital
Jul 11Does Mohawk Industries (NYSE:MHK) Have A Healthy Balance Sheet?
Jun 23Mohawk Industries: Continue To Observe How Margins Improve
Jun 02Is Now The Time To Look At Buying Mohawk Industries, Inc. (NYSE:MHK)?
May 04An Intrinsic Calculation For Mohawk Industries, Inc. (NYSE:MHK) Suggests It's 31% Undervalued
Apr 16Mohawk Industries (NYSE:MHK) Will Be Hoping To Turn Its Returns On Capital Around
Mar 29Mohawk Industries (NYSE:MHK) Has A Somewhat Strained Balance Sheet
Mar 10Mohawk Non-GAAP EPS of $1.32 beats by $0.03, revenue of $2.7B beats by $10M
Feb 09Should You Investigate Mohawk Industries, Inc. (NYSE:MHK) At US$113?
Jan 19Mohawk Industries provides Q4 and litigation update
Jan 17Mohawk Industries: Still A Comfortable Prospect For A Value Portfolio
Jan 09Is There An Opportunity With Mohawk Industries, Inc.'s (NYSE:MHK) 46% Undervaluation?
Jan 04Returns On Capital At Mohawk Industries (NYSE:MHK) Have Hit The Brakes
Dec 05Mohawk Industries: Undervalued With A Large Margin Of Safety
Oct 22At US$98.85, Is Mohawk Industries, Inc. (NYSE:MHK) Worth Looking At Closely?
Oct 19Mohawk Industries: A Solid Prospect With Some Upside
Sep 09Is Mohawk Industries (NYSE:MHK) A Risky Investment?
Sep 07Mohawk Industries (NYSE:MHK) Is Reinvesting At Lower Rates Of Return
Aug 05Mohawk Non-GAAP EPS of $4.41 beats by $0.12, revenue of $3.15B in-line
Jul 28Is Now An Opportune Moment To Examine Mohawk Industries, Inc. (NYSE:MHK)?
Jul 21Mohawk Industries - Finding A Floor
Jun 22Mohawk Industries (NYSE:MHK) Could Easily Take On More Debt
Jun 06Financial Position Analysis
Short Term Liabilities: MHK's short term assets ($5.7B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: MHK's short term assets ($5.7B) exceed its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: MHK's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: MHK's debt to equity ratio has reduced from 43% to 33.2% over the past 5 years.
Debt Coverage: MHK's debt is well covered by operating cash flow (49.4%).
Interest Coverage: MHK's interest payments on its debt are well covered by EBIT (10.8x coverage).