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Terex Corporation  (TEX)
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Terex's Tangible Leverage Ratio

TEX's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Despite a net increase in borrowing by 4.36%, Terex managed to enhance Tangible Leverage Ratio in the first quarter 2024 to 1.42, falling below the company's typical Tangible Leverage Ratio.

Within Construction & Mining Machinery industry in the first quarter 2024, 3 other companies have achieved lower Tangible Leverage Ratio than Terex in the I Quarter 2024. While Tangible Leverage Ratio total ranking has improved so far in the first quarter 2024 to 462, from total ranking in the forth quarter 2023 at 524 .

Explain Tangible Leverage Ratio?
What is TEX Market Share?
What are TEX´s Total Liabilities?


TEX Tangible Leverage Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Tangible Equity Change 43.86 % 54.88 % 60.68 % 46.11 % 19.93 %
Y / Y Total Liabilities Change 2.08 % 0.33 % -1.11 % 4.79 % 8.81 %
Tangible Leverage Ratio MRQ 1.42 1.43 1.57 1.76 2.01
TEX's Total Ranking # 462 # 524 # 195 # 2165 # 3084
Seq. Tangible Equity Change 4.63 % 13.92 % 6.34 % 13.5 % 12.64 %
Seq. Total Liabilities Change 4.36 % 3.72 % -5.52 % -0.18 % 2.57 %



Tangible Leverage Ratio first quarter 2024 Company Ranking
Within: No.
Construction & Mining Machinery Industry # 4
Capital Goods Sector # 63
Overall Market # 462


Tangible Leverage Ratio Statistics
High Average Low
3.5 2.03 1.16
(Mar 31 2019)   (Dec 31 2023)




Financial Statements
Terex's Tangible Equity $ 1,425 Millions Visit TEX's Balance sheet
Terex's Total Liabilities $ 2,028 Millions Visit TEX's Balance sheet
Source of TEX's Sales Visit TEX's Sales by Geography


Cumulative Terex's Tangible Leverage Ratio

TEX's Tangible Leverage Ratio for the trailling 12 Months

TEX Tangible Leverage Ratio

(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Tangible Equity TTM Growth 43.86 % 54.88 % 60.68 % 46.11 % 19.93 %
Y / Y Total Liabilities TTM Growth 2.08 % 0.33 % -1.11 % 4.79 % 8.81 %
Tangible Leverage Ratio TTM 1.53 1.67 1.86 2.09 2.28
Total Ranking TTM # 1434 # 1526 # 11 # 1 # 10
Seq. Tangible Equity TTM Growth 4.63 % 13.92 % 6.34 % 13.5 % 12.64 %
Seq. Total Liabilities TTM Growth 4.36 % 3.72 % -5.52 % -0.18 % 2.57 %


On the trailing twelve months basis Despite of the net new borrowing of 4.36% during the twelve months period ending in I Quarter 2024 Terex has managed to decrease Tangible Leverage Ratio in the I Quarter 2024 to 1.53, below Terex's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Construction & Mining Machinery industry 7, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Terex. While Tangible Leverage Ratio total ranking has improved so far to 1434, from total ranking in previous 12 month period at 1526.

Explain Tangible Leverage Ratio?
What is TEX Market Share?
What are TEX´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Construction & Mining Machinery Industry # 8
Capital Goods Sector # 129
Within the Market # 1434


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
3.13 2.05 1.25
(Sep 30 2019)   (Mar 31 2024)




Companies with similar Tangible Leverage Ratio in the quarter ending Mar 31 2024, within Construction & Mining Machinery Industry Tangible Leverage RatioMar 31 2024 MRQ Total LiabilitiesMar 31 2024 MRQ Tangible Equity
Wabash National Corporation  2.98 $ 818.915  Millions$ 274.417  Millions
Terex Corporation  1.42 $ 2,028.000  Millions$ 1,425.100  Millions
Applied Industrial Technologies Inc   1.38 $ 1,185.919  Millions$ 859.471  Millions
Miller Industries Inc   0.98 $ 333.861  Millions$ 342.337  Millions
Nxu Inc   0.64 $ 8.410  Millions$ 13.124  Millions
Astec Industries Inc   0.45 $ 267.700  Millions$ 589.700  Millions
Aersale Corporation  0.29 $ 119.711  Millions$ 410.667  Millions

Date modified: 2024-04-30T01:18:23+00:00



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