James Hardie Industries Balance Sheet Health
Financial Health criteria checks 5/6
James Hardie Industries has a total shareholder equity of $2.0B and total debt of $1.1B, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are $5.0B and $3.0B respectively. James Hardie Industries's EBIT is $911.2M making its interest coverage ratio 106. It has cash and short-term investments of $368.1M.
Key information
57.4%
Debt to equity ratio
US$1.14b
Debt
| Interest coverage ratio | 106x |
| Cash | US$368.10m |
| Equity | US$1.98b |
| Total liabilities | US$3.00b |
| Total assets | US$4.97b |
Recent financial health updates
Here's Why James Hardie Industries (ASX:JHX) Can Manage Its Debt Responsibly
Sep 24
Here's Why James Hardie Industries (ASX:JHX) Can Manage Its Debt Responsibly
Apr 03Recent updates
Investors Appear Satisfied With James Hardie Industries plc's (ASX:JHX) Prospects
Dec 16Estimating The Intrinsic Value Of James Hardie Industries plc (ASX:JHX)
Nov 17What Does James Hardie Industries plc's (ASX:JHX) Share Price Indicate?
Nov 04Here's Why James Hardie Industries (ASX:JHX) Can Manage Its Debt Responsibly
Sep 24Returns on Capital Paint A Bright Future For James Hardie Industries (ASX:JHX)
Sep 11James Hardie Industries plc's (ASX:JHX) Popularity With Investors Is Under Threat From Overpricing
Aug 27Calculating The Intrinsic Value Of James Hardie Industries plc (ASX:JHX)
Jun 04James Hardie Industries (ASX:JHX) Is Achieving High Returns On Its Capital
May 14Is James Hardie Industries plc (ASX:JHX) Potentially Undervalued?
Apr 30James Hardie Industries plc (ASX:JHX) Not Lagging Market On Growth Or Pricing
Apr 17Here's Why James Hardie Industries (ASX:JHX) Can Manage Its Debt Responsibly
Apr 03Here's Why We Think James Hardie Industries (ASX:JHX) Is Well Worth Watching
Feb 25Investors Should Be Encouraged By James Hardie Industries' (ASX:JHX) Returns On Capital
Jan 21James Hardie Industries plc's (ASX:JHX) Share Price Matching Investor Opinion
Jan 07Calculating The Fair Value Of James Hardie Industries plc (ASX:JHX)
Dec 25Financial Position Analysis
Short Term Liabilities: JHX's short term assets ($1.5B) exceed its short term liabilities ($719.1M).
Long Term Liabilities: JHX's short term assets ($1.5B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: JHX's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: JHX's debt to equity ratio has reduced from 137.6% to 57.4% over the past 5 years.
Debt Coverage: JHX's debt is well covered by operating cash flow (72.2%).
Interest Coverage: JHX's interest payments on its debt are well covered by EBIT (106x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 07:12 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
James Hardie Industries plc is covered by 36 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | APP Securities Pty Ltd. |
| Brook Campbell-Crawford | Barrenjoey Markets Pty Limited |
| Benjamin Brayshaw | Barrenjoey Markets Pty Limited |