Cummins Net Debt from 2010 to 2024

CMI Stock

USD 375.27 2.65 0.71%

Cummins' Net Debt is increasing with slightly volatile movements from year to year. Net Debt is estimated to finish at about 5.3 B this year. Net Debt is the total debt of Cummins minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

1985-12-31

Previous Quarter

6.4 B

Current Value

6.4 B

Quarterly Volatility

1.4 B

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Cummins financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cummins' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 393.8 M or Selling General Administrative of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0282 or PTB Ratio of 4.03. Cummins financial statements analysis is a perfect complement when working with Cummins Valuation or Volatility modules.

Check out the analysis of Cummins Correlation against competitors.

For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.

Latest Cummins' Net Debt Growth Pattern

Below is the plot of the Net Debt of Cummins over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Cummins' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cummins' overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Net Debt

Timeline

Cummins Net Debt Regression Statistics

	Arithmetic Mean	1,271,316,667
	Coefficient Of Variation	177.62
	Mean Deviation	1,672,691,111
	Median	701,000,000
	Standard Deviation	2,258,136,882
	Sample Variance	5099182.2T
	Range	6.8B
	R-Value	0.85
	Mean Square Error	1487499.4T
	R-Squared	0.73
	Significance	0.000051
	Slope	431,157,321
	Total Sum of Squares	71388550.5T

Cummins Net Debt History

	2024	5.3 B
	2023	5 B
	2022	5.8 B
	2021	1.6 B
	2020	763 M
	2019	1.2 B
	2018	1.2 B

Other Fundumenentals of Cummins

Net Debt To E B I T D A

Cummins Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Intangible Assets	Current Deferred Revenue	Good Will	Long Term Debt	Treasury Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.86	0.86	0.96	0.99	0.99	0.99	0.83	0.99	0.12	0.92	0.89	0.93	0.91	-0.9	0.97	0.84	0.13	0.93	0.89	0.73	0.77	0.66	0.84	-0.02	-0.64
Total Stockholder Equity	0.86		0.51	0.88	0.87	0.76	0.9	0.53	0.8	0.54	0.62	0.55	0.61	0.64	-0.73	0.81	0.61	0.55	0.67	0.75	0.48	0.52	0.47	0.54	0.08	-0.35
Net Debt	0.86	0.51		0.78	0.83	0.92	0.79	0.96	0.89	-0.27	0.97	0.94	0.96	0.89	-0.79	0.88	0.76	-0.32	0.89	0.77	0.87	0.67	0.53	0.91	-0.24	-0.69
Retained Earnings	0.96	0.88	0.78		0.95	0.93	0.95	0.75	0.95	0.28	0.82	0.83	0.85	0.85	-0.96	0.94	0.83	0.2	0.87	0.91	0.69	0.77	0.68	0.77	0.14	-0.47
Net Receivables	0.99	0.87	0.83	0.95		0.97	0.98	0.8	0.98	0.17	0.9	0.84	0.9	0.84	-0.87	0.96	0.8	0.15	0.87	0.86	0.71	0.73	0.58	0.78	-0.08	-0.63
Total Liab	0.99	0.76	0.92	0.93	0.97		0.96	0.87	0.99	-0.03	0.96	0.94	0.97	0.94	-0.89	0.97	0.87	0.0	0.96	0.88	0.77	0.81	0.67	0.89	-0.05	-0.7
Total Current Assets	0.99	0.9	0.79	0.95	0.98	0.96		0.77	0.96	0.2	0.86	0.83	0.87	0.88	-0.87	0.94	0.83	0.23	0.91	0.88	0.68	0.75	0.67	0.81	0.04	-0.59
Short Term Debt	0.83	0.53	0.96	0.75	0.8	0.87	0.77		0.87	-0.12	0.95	0.84	0.92	0.83	-0.77	0.81	0.7	-0.34	0.83	0.79	0.96	0.54	0.5	0.93	-0.21	-0.52
Accounts Payable	0.99	0.8	0.89	0.95	0.98	0.99	0.96	0.87		0.08	0.94	0.9	0.95	0.89	-0.9	0.96	0.83	0.01	0.91	0.89	0.78	0.76	0.63	0.85	-0.05	-0.62
Common Stock	0.12	0.54	-0.27	0.28	0.17	-0.03	0.2	-0.12	0.08		-0.17	-0.29	-0.19	-0.16	-0.21	0.01	0.0	0.58	-0.15	0.18	-0.03	-0.16	0.03	-0.16	0.41	0.56
Intangible Assets	0.92	0.62	0.97	0.82	0.9	0.96	0.86	0.95	0.94	-0.17		0.92	0.99	0.9	-0.8	0.91	0.77	-0.22	0.91	0.81	0.86	0.69	0.55	0.91	-0.24	-0.71
Current Deferred Revenue	0.89	0.55	0.94	0.83	0.84	0.94	0.83	0.84	0.9	-0.29	0.92		0.95	0.96	-0.84	0.91	0.84	-0.15	0.96	0.79	0.72	0.83	0.69	0.89	-0.04	-0.75
Good Will	0.93	0.61	0.96	0.85	0.9	0.97	0.87	0.92	0.95	-0.19	0.99	0.95		0.92	-0.85	0.92	0.82	-0.21	0.93	0.84	0.81	0.8	0.63	0.9	-0.14	-0.72
Long Term Debt	0.91	0.64	0.89	0.85	0.84	0.94	0.88	0.83	0.89	-0.16	0.9	0.96	0.92		-0.85	0.9	0.85	-0.04	1.0	0.84	0.72	0.81	0.79	0.93	0.1	-0.66
Treasury Stock	-0.9	-0.73	-0.79	-0.96	-0.87	-0.89	-0.87	-0.77	-0.9	-0.21	-0.8	-0.84	-0.85	-0.85		-0.86	-0.85	0.0	-0.84	-0.93	-0.74	-0.8	-0.74	-0.8	-0.25	0.36
Property Plant Equipment	0.97	0.81	0.88	0.94	0.96	0.97	0.94	0.81	0.96	0.01	0.91	0.91	0.92	0.9	-0.86		0.77	0.13	0.92	0.83	0.7	0.76	0.57	0.79	-0.13	-0.71
Short Term Investments	0.84	0.61	0.76	0.83	0.8	0.87	0.83	0.7	0.83	0.0	0.77	0.84	0.82	0.85	-0.85	0.77		-0.05	0.86	0.81	0.6	0.87	0.79	0.82	0.25	-0.54
Net Tangible Assets	0.13	0.55	-0.32	0.2	0.15	0.0	0.23	-0.34	0.01	0.58	-0.22	-0.15	-0.21	-0.04	0.0	0.13	-0.05		0.0	-0.04	-0.41	-0.02	-0.02	-0.26	0.25	0.07
Long Term Debt Total	0.93	0.67	0.89	0.87	0.87	0.96	0.91	0.83	0.91	-0.15	0.91	0.96	0.93	1.0	-0.84	0.92	0.86	0.0		0.84	0.71	0.82	0.77	0.91	0.06	-0.7
Long Term Investments	0.89	0.75	0.77	0.91	0.86	0.88	0.88	0.79	0.89	0.18	0.81	0.79	0.84	0.84	-0.93	0.83	0.81	-0.04	0.84		0.81	0.75	0.75	0.87	0.15	-0.38
Short Long Term Debt	0.73	0.48	0.87	0.69	0.71	0.77	0.68	0.96	0.78	-0.03	0.86	0.72	0.81	0.72	-0.74	0.7	0.6	-0.41	0.71	0.81		0.43	0.45	0.89	-0.21	-0.35
Capital Surpluse	0.77	0.52	0.67	0.77	0.73	0.81	0.75	0.54	0.76	-0.16	0.69	0.83	0.8	0.81	-0.8	0.76	0.87	-0.02	0.82	0.75	0.43		0.78	0.68	0.25	-0.63
Cash And Equivalents	0.66	0.47	0.53	0.68	0.58	0.67	0.67	0.5	0.63	0.03	0.55	0.69	0.63	0.79	-0.74	0.57	0.79	-0.02	0.77	0.75	0.45	0.78		0.72	0.6	-0.29
Net Invested Capital	0.84	0.54	0.91	0.77	0.78	0.89	0.81	0.93	0.85	-0.16	0.91	0.89	0.9	0.93	-0.8	0.79	0.82	-0.26	0.91	0.87	0.89	0.68	0.72		-0.01	-0.55
Net Working Capital	-0.02	0.08	-0.24	0.14	-0.08	-0.05	0.04	-0.21	-0.05	0.41	-0.24	-0.04	-0.14	0.1	-0.25	-0.13	0.25	0.25	0.06	0.15	-0.21	0.25	0.6	-0.01		0.46
Capital Stock	-0.64	-0.35	-0.69	-0.47	-0.63	-0.7	-0.59	-0.52	-0.62	0.56	-0.71	-0.75	-0.72	-0.66	0.36	-0.71	-0.54	0.07	-0.7	-0.38	-0.35	-0.63	-0.29	-0.55	0.46

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About Cummins Financial Statements

Investors use fundamental indicators, such as Cummins' Net Debt, to determine how well the company is positioned to perform in the future. Although Cummins' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.

	Last Reported	Projected for Next Year
Net Debt	5 B	5.3 B
Net Debt To EBITDA	1.66	1.20

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When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock:

How To Invest In Cummins

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Is Cummins Stock a good investment?

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What is Cummins' Net Worth?

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Check out the analysis of Cummins Correlation against competitors.

For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.277

Dividend Share

6.86

Earnings Share

15.28

Revenue Per Share

245.499

Quarterly Revenue Growth

0.003

The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Cummins Net Debt from 2010 to 2024

Latest Cummins' Net Debt Growth Pattern

Cummins Net Debt Regression Statistics

Cummins Net Debt History

Other Fundumenentals of Cummins

Cummins Net Debt component correlations

About Cummins Financial Statements

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