Carrier Global Corp. (CARR) has disclosed a new risk, in the Debt & Financing category.
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Carrier Global Corp. faces significant business risks due to its substantial debt obligations, which totaled approximately $12.3 billion as of December 31, 2024, partly from acquiring the VCS Business. These obligations could strain the company’s cash flow, potentially leading to difficulty in meeting other financial commitments and limiting growth opportunities. The risk of credit rating downgrades may increase borrowing costs and restrict access to future financing, thus reducing financial flexibility and competitiveness. Compliance with debt covenants is essential, as any breach could result in immediate repayment demands, further exacerbating financial vulnerabilities.
Overall, Wall Street has a Moderate Buy consensus rating on CARR stock based on 7 Buys and 4 Holds.
To learn more about Carrier Global Corp.’s risk factors, click here.
