Is Terex the Right Industrial Sector Stock to Own to Ride the Economic Recovery?
Andrew Stolz
FEBRUARY 4, 2022
The company started to reduce its long-term debt. In 3Q21, its net debt-to-equity ratio stood at 0.3x, compared to 0.6x The company is highly cyclical reflected in the above-average beta of 1.25x. Significant increases in inventories and receivables as sales volume likely to ramp up as shown by the strong backlog.
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