Current Liabilities
Current Debt
Cummins Current Debt increased by 44.1% to $451M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 55.0%, from $291M to $451M. Over 5 years (FY 2020 to FY 2025), Current Debt shows an upward trend with a 13.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase indicates a higher near-term cash requirement for debt service, potentially pressuring liquidity.
Detailed definition
This represents the portion of long-term debt obligations that are due to be repaid within the next twelve months. It is...
Peer comparison
Companies with high debt loads will show higher current portions, requiring careful monitoring of refinancing risk.
Metric ID:
current_portion_long_term_debtHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $54M | $85M | $208M | $243M | $165M | $217M | $210M | $229M | $419M | $231M | $280M | $342M | $329M | $441M | $356M | $291M | $336M | $315M | $313M | $451M |
| QoQ Change | — | +57.4% | +144.7% | +16.8% | -32.1% | +31.5% | -3.2% | +9.0% | +83.0% | -44.9% | +21.2% | +22.1% | -3.8% | +34.0% | -19.3% | -18.3% | +15.5% | -6.3% | -0.6% | +44.1% |
| YoY Change | — | — | — | — | +205.6% | +155.3% | +1.0% | -5.8% | +153.9% | +6.5% | +33.3% | +49.3% | -21.5% | +90.9% | +27.1% | -14.9% | +2.1% | -28.6% | -12.1% | +55.0% |
Range$54M – $451M
CAGR+56.3%
Avg YoY Growth+43.6%
Median YoY Growth+16.8%
Current Debt at Other Companies
Frequently Asked Questions
- What is Cummins's current debt?
- Cummins (CMI) reported current debt of $451M in Q1 2026.
- How has Cummins's current debt changed year-over-year?
- Cummins's current debt increased by 55.0% year-over-year, from $291M to $451M.
- What is the long-term trend for Cummins's current debt?
- Over 5 years (2020 to 2025), Cummins's current debt has grown at a 13.1% compound annual growth rate (CAGR), from $169M to $313M.
- What does current debt mean?
- The amount of long-term debt that must be paid back within the next year.