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CNH Industrial NV (MIL:1CNHI) Debt-to-Asset : 0.60 (As of Dec. 2023)


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What is CNH Industrial NV Debt-to-Asset?

CNH Industrial NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €10,524 Mil. CNH Industrial NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €14,809 Mil. CNH Industrial NV's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €42,504 Mil. CNH Industrial NV's debt to asset for the quarter that ended in Dec. 2023 was 0.60.


CNH Industrial NV Debt-to-Asset Historical Data

The historical data trend for CNH Industrial NV's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CNH Industrial NV Debt-to-Asset Chart

CNH Industrial NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.54 0.43 0.59 0.60

CNH Industrial NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.59 0.59 0.59 0.60

Competitive Comparison of CNH Industrial NV's Debt-to-Asset

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNH Industrial NV's Debt-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CNH Industrial NV's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CNH Industrial NV's Debt-to-Asset falls into.



CNH Industrial NV Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CNH Industrial NV's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(10524.409 + 14808.633) / 42503.867
=0.60

CNH Industrial NV's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(10524.409 + 14808.633) / 42503.867
=0.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CNH Industrial NV  (MIL:1CNHI) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


CNH Industrial NV Debt-to-Asset Related Terms

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CNH Industrial NV (MIL:1CNHI) Business Description

Traded in Other Exchanges
Address
25 St. James's Street, London, GBR, SW1A 1HA
CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations globally. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.

CNH Industrial NV (MIL:1CNHI) Headlines

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