Financing
Net change in short-term borrowings
Caterpillar Net change in short-term borrowings increased by 2841.2% to $1.00B in Q4 2025 compared to the prior quarter. Over 2 years (FY 2021 to FY 2025), Net change in short-term borrowings shows a downward trend with a -43.7% CAGR.
Analysis
StatementCash Flow Statement
SectionFinancing
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase indicates a reliance on short-term credit to fund operations, while a decrease suggests the repayment of short-term liabilities.
Detailed definition
This metric measures the net change in short-term debt obligations, such as commercial paper or lines of credit, during...
Peer comparison
Peers use short-term borrowing as a flexible tool to manage seasonal cash flow needs; high reliance can indicate tighter liquidity.
Metric ID:
cf_short_term_borrowings_netHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$199.00M | -$136.00M | $2.16B | -$1.02B | $463.00M | -$758.00M | $1.71B | -$103.00M | -$303.00M | -$1.32B | -$1.05B | $1.74B | -$1.54B | -$934.00M | $1.01B | $34.00M | $1.00B |
| QoQ Change | — | +31.7% | >999% | -147.0% | +145.6% | -263.7% | +326.0% | -106.0% | -194.2% | -335.6% | +20.5% | +265.4% | -188.4% | +39.2% | +207.7% | -96.6% | >999% |
| YoY Change | — | — | — | — | +332.7% | -457.4% | -20.8% | +89.9% | -165.4% | -74.1% | -919.4% | +673.3% | -16.3% | +11.0% | -42.1% | +102.2% | — |
Range-$1.54B – $2.16B
CAGR+49.7%
Avg YoY Growth-40.5%
Median YoY Growth-18.6%
Net change in short-term borrowings at Other Companies
Frequently Asked Questions
- What is Caterpillar's net change in short-term borrowings?
- Caterpillar (CAT) reported net change in short-term borrowings of $1.00B in Q4 2025.
- What is the long-term trend for Caterpillar's net change in short-term borrowings?
- Over 2 years (2021 to 2025), Caterpillar's net change in short-term borrowings has grown at a -43.7% compound annual growth rate (CAGR), from $3.49B to $1.11B.
- What does net change in short-term borrowings mean?
- The net increase or decrease in debt that must be repaid within one year.