Terex Financials

TEX Stock  USD 54.79  0.52  0.96%   
Based on the key measurements obtained from Terex's financial statements, Terex may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Terex's Property Plant And Equipment Gross is fairly stable compared to the past year. Common Stock is likely to rise to about 1.1 M in 2024, whereas Total Assets are likely to drop slightly above 3.4 B in 2024. Key indicators impacting Terex's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.390.3727
Sufficiently Up
Slightly volatile
Current Ratio1.622.0061
Significantly Down
Pretty Stable
The essential information of the day-to-day investment outlook for Terex includes many different criteria found on its balance sheet. An individual investor should monitor Terex's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Terex.

Cash And Equivalents

361.78 Million

  
Understanding current and past Terex Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Terex's financial statements are interrelated, with each one affecting the others. For example, an increase in Terex's assets may result in an increase in income on the income statement.

Terex Earnings Geography

Please note, the imprecision that can be found in Terex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Terex. Check Terex's Beneish M Score to see the likelihood of Terex's management manipulating its earnings.

Terex Stock Summary

Terex competes with Oshkosh, Astec Industries, Hyster Yale, Manitex International, and Manitowoc. Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. Terex Corporation was incorporated in 1986 and is based in Norwalk, Connecticut. Terex Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on New York Stock Exchange. It employs 8600 people.
Specialization
Industrials, Farm & Heavy Construction Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8807791038
CUSIP880779103
LocationConnecticut; U.S.A
Business Address45 Glover Avenue,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.terex.com
Phone203 222 7170
CurrencyUSD - US Dollar

Terex Key Financial Ratios

Terex Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.0B2.9B3.1B3.6B3.4B
Other Current Liab865.5M321M346.4M372.1M413.8M449.1M
Net Debt640.6M508.8M407.2M471.4M252.5M239.9M
Retained Earnings771.4M750.3M936.9M1.2B1.7B1.8B
Cash535.1M665M266.9M304.1M370.7M380.9M
Net Receivables401.9M381.2M507.7M547.5M547.8M551.8M
Inventory847.7M610.4M813.5M988.4M1.2B973.1M
Other Current Assets1.5B222M179.7M227.3M140.7M133.7M
Total Liab2.3B2.1B1.8B1.9B1.9B2.4B
Total Current Assets2.0B1.9B1.8B2.0B2.2B2.1B
Short Term Debt6.9M32.4M25.8M1.9M2.8M2.7M
Accounts Payable508.1M369.9M537.7M624.6M702.6M566.7M
Intangible Assets9.7M8.3M13.4M17.4M15.7M14.9M
Other Liab117.4M220.8M175.5M101.9M91.7M87.1M
Other Assets384M464M666.1M690.5M794.1M595.4M
Long Term Debt1.2B1.2B668.5M773.6M620.4M1.0B
Good Will269.9M275.4M280.1M284.4M294.6M482.2M
Treasury Stock(406.8M)(459.2M)(459.7M)(560.3M)(504.3M)(529.5M)
Net Tangible Assets652.7M921.5M1.1B879.4M1.0B894.7M
Long Term Debt Total1.2B1.2B668.5M773.6M696.2M1.2B

Terex Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense87.9M65.9M51.5M49.1M63.3M53.0M
Total Revenue4.4B3.1B3.9B4.4B5.2B4.0B
Gross Profit887.8M539.3M757.4M871.2M1.2B699.8M
Operating Income335M68.4M328M420M636.5M668.3M
Ebit384.8M76.5M327.4M421.2M636.5M668.3M
Ebitda385M120.6M377.6M468.4M636.5M668.3M
Cost Of Revenue3.5B2.5B3.1B3.5B4.0B3.3B
Income Before Tax247.5M11M263.8M366.6M579.7M608.7M
Net Income209.7M9M220.9M300M518M543.9M
Income Tax Expense37.8M2M46.3M66.4M(63M)(59.9M)
Research Development72.4M58.9M52.2M55.8M66.7M68.7M
Tax Provision37.8M2M46.3M66.4M99M104.0M
Interest Income6.5M3.6M3.7M46.3M5.9M5.6M
Extraordinary Items(155.3M)(19.6M)3.4M(200K)(180K)(189K)
Net Interest Income(81.4M)(62.3M)(47.8M)(46.3M)(54.7M)(57.4M)

Terex Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Terex. It measures of how well Terex is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Terex brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Terex had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Terex has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory20.3M261.6M(229.5M)(206.1M)9.4M9.9M
Change In Cash168M130M(403.2M)37.2M66.6M69.9M
Free Cash Flow64.5M160.9M233.7M151.6M332.1M348.7M
Depreciation49.6M49.7M50.2M47.2M56.4M70.1M
Other Non Cash Items(25.5M)(29.4M)(34.3M)(30.3M)9.4M9.9M
Capital Expenditures108.9M64.5M59.7M109.6M127.2M88.5M
Net Income113.7M54.4M(10.6M)300M518M543.9M
End Period Cash Flow540.1M670.1M266.9M304.1M370.7M426.5M
Change To Netincome94M(26.8M)51M41M47.2M49.5M
Dividends Paid31.4M8.4M33.5M35.6M(43.2M)(41.0M)
Change Receivables176.1M(16.1M)(139M)(54.7M)(49.2M)(46.8M)
Net Borrowings(43.9M)(6M)(520.3M)96.5M86.9M112.8M
Investments103.8M(38.5M)(102.2M)(154.1M)(83.1M)(78.9M)

Terex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Terex's current stock value. Our valuation model uses many indicators to compare Terex value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Terex competition to find correlations between indicators driving Terex's intrinsic value. More Info.
Terex is rated fourth in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Terex is roughly  2.68 . At this time, Terex's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Terex's earnings, one of the primary drivers of an investment's value.

Terex's Earnings Breakdown by Geography

Terex Systematic Risk

Terex's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Terex volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Terex correlated with the market. If Beta is less than 0 Terex generally moves in the opposite direction as compared to the market. If Terex Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Terex is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Terex is generally in the same direction as the market. If Beta > 1 Terex moves generally in the same direction as, but more than the movement of the benchmark.

Terex Thematic Clasifications

Terex is part of Automobiles and Trucks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Automobiles and Trucks industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Automobiles and TrucksView
This theme covers USA Equities from Automobiles and Trucks industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Terex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Terex's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Terex growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.1

At this time, Terex's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Terex November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Terex help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Terex. We use our internally-developed statistical techniques to arrive at the intrinsic value of Terex based on widely used predictive technical indicators. In general, we focus on analyzing Terex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Terex's daily price indicators and compare them against related drivers.

Additional Tools for Terex Stock Analysis

When running Terex's price analysis, check to measure Terex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Terex is operating at the current time. Most of Terex's value examination focuses on studying past and present price action to predict the probability of Terex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Terex's price. Additionally, you may evaluate how the addition of Terex to your portfolios can decrease your overall portfolio volatility.