Cummins Inc (CMI)
368.86
+7.91
(+2.19%)
USD |
NYSE |
Nov 21, 16:00
368.87
+0.01
(+0.00%)
After-Hours: 20:00
Cummins Debt to Equity Ratio: 0.7355 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.7355 |
| June 30, 2024 | 0.7856 |
| March 31, 2024 | 0.7538 |
| December 31, 2023 | 0.7566 |
| September 30, 2023 | 0.7003 |
| June 30, 2023 | 0.7449 |
| March 31, 2023 | 0.8056 |
| December 31, 2022 | 0.8752 |
| September 30, 2022 | 0.9684 |
| June 30, 2022 | 0.5064 |
| March 31, 2022 | 0.489 |
| December 31, 2021 | 0.5106 |
| September 30, 2021 | 0.4878 |
| June 30, 2021 | 0.4997 |
| March 31, 2021 | 0.5045 |
| December 31, 2020 | 0.5165 |
| September 30, 2020 | 0.534 |
| June 30, 2020 | 0.5341 |
| March 31, 2020 | 0.4741 |
| December 31, 2019 | 0.3153 |
| September 30, 2019 | 0.3407 |
| June 30, 2019 | 0.2685 |
| March 31, 2019 | 0.3096 |
| December 31, 2018 | 0.337 |
| September 30, 2018 | 0.3428 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.3373 |
| March 31, 2018 | 0.308 |
| December 31, 2017 | 0.2763 |
| September 30, 2017 | 0.2956 |
| June 30, 2017 | 0.2398 |
| March 31, 2017 | 0.2715 |
| December 31, 2016 | 0.27 |
| September 30, 2016 | 0.2811 |
| June 30, 2016 | 0.2727 |
| March 31, 2016 | 0.2645 |
| December 31, 2015 | 0.2213 |
| September 30, 2015 | 0.2133 |
| June 30, 2015 | 0.2135 |
| March 31, 2015 | 0.2214 |
| December 31, 2014 | 0.2176 |
| September 30, 2014 | 0.218 |
| June 30, 2014 | 0.217 |
| March 31, 2014 | 0.23 |
| December 31, 2013 | 0.2317 |
| September 30, 2013 | 0.2527 |
| June 30, 2013 | 0.1249 |
| March 31, 2013 | 0.1207 |
| December 31, 2012 | 0.1174 |
| September 30, 2012 | 0.1236 |
| June 30, 2012 | 0.1301 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3153
Minimum
Dec 2019
0.9684
Maximum
Sep 2022
0.6249
Average
0.5341
Median
Debt to Equity Ratio Benchmarks
| Emerson Electric Co | 0.3553 |
| Hydrogen Engine Center Inc | -- |
| Bloom Energy Corp | 2.616 |
| The Timken Co | 0.7633 |
| Twin Disc Inc | 0.1891 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 32.05B |
| Total Liabilities (Quarterly) | 20.71B |
| Shareholders Equity (Quarterly) | 10.32B |
| Current Ratio | 1.32 |
| Net Debt Paydown Yield | 0.05% |