Meritor Balance Sheet - Quarterly (NYSE:MTOR)

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$20.53 $1.24 (5.7%) MTOR stock closing price Jul 16, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Meritor stock analysis. Financial strength can be guaged by performing Meritor stock analysis and by analyzing the balance sheet. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Meritor had a long term debt of $728M at the end of 2018 Q2. To understand the debt servicing capacity of the company, one needs to look at Meritor operating cash flow and Meritor revenue also. Meritor debt to equity ratio is 2.59.

View and download Meritor quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Oct - Sep2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash109M116M88M231M138M125M160M129M94M128M
Marketable Securities----------
Receivables581M456M789M500M442M332M396M422M426M357M
Inventory455M427M378M360M338M334M316M335M362M367M
Raw Materials252M226M205M185M178M170M165M173M185M196M
Work In Progress35M35M34M33M30M26M26M30M31M29M
Finished Goods168M166M139M142M130M138M125M132M146M142M
Notes Receivable----------
Other Current Assets41M43M43M37M42M40M33M53M53M54M
Total Current Assets
1.19B1.04B1.3B1.13B960M831M905M939M935M906M
Property Plant & Equipment1.37B1.36B1.36B1.29B1.27B1.25B1.27B1.27B1.29B1.26B
Accumulated Depreciation909M895M883M860M836M823M830M841M860M841M
Net Property Plant & Equipment
459M464M474M430M430M423M439M428M427M414M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Intangibles418M414M414M391M385M383M390M392M399M399M
Deposits & Other Assets532M525M596M763M761M757M760M325M332M331M
Total Assets
2.6B2.45B2.78B2.71B2.54B2.39B2.49B2.08B2.09B2.05B
Notes Payable----------
Accounts Payable692M592M622M602M528M430M475M503M511M470M
Current Portion Long-Term Debt77M63M288M132M132M11M14M14M25M74M
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities249M238M272M277M245M236M268M267M253M244M
Total Current Liabilities
1.02B893M1.18B1.01B905M677M757M784M789M788M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt2M2M2M-------
Long-Term Debt728M751M750M858M857M983M982M980M978M981M
Non-Current Capital Leases----------
Other Long-Term Liabilities535M536M553M887M899M919M941M916M927M934M
Total Liabilities
2.28B2.18B2.49B2.76B2.66B2.58B2.68B2.68B2.69B2.7B
Minority Interest----------
Preferred Stock----------
Common Stock Net102M102M101M101M101M101M99M99M99M99M
Capital Surplus775M770M765M875M870M877M876M873M871M868M
Retained Earnings104M47M83M-156M-204M-226M-241M-715M-756M-788M
Treasury Stock169M136M136M136M136M136M136M136M98M98M
Other Liabilities-500M-520M-518M-728M-756M-801M-784M-717M-717M-734M
Shareholders Equity312M263M295M-44M-125M-185M-186M-596M-601M-653M
Total Liabilities & Shareholders Equity2.6B2.45B2.78B2.71B2.54B2.39B2.49B2.08B2.09B2.05B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Meritor historical stock prices and the current Meritor stock price can tell you how the stock price has moved, whereas the Meritor PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: MTOR total assets, which was at $2.6B for 2018 Q2 is a balance sheet item representing value of what Meritor owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: The total liabilities of Meritor for the quarter 2018 Q2 total to $2.28B. Liabilities for a company like Meritor include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Meritor Balance Sheet - Key Ratios

Current ratio
1.17
Debt to equity ratio
2.59
Asset turnover ratio
1.69
Receivables turnover
6.88
Price to book ratio
14.16