Beacon Roofing Supply Balance Sheet Health
Financial Health criteria checks 3/6
Beacon Roofing Supply has a total shareholder equity of $1.9B and total debt of $2.9B, which brings its debt-to-equity ratio to 154.6%. Its total assets and total liabilities are $7.4B and $5.5B respectively. Beacon Roofing Supply's EBIT is $694.9M making its interest coverage ratio 4.1. It has cash and short-term investments of $71.2M.
Key information
154.6%
Debt to equity ratio
US$2.93b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$71.20m |
| Equity | US$1.90b |
| Total liabilities | US$5.52b |
| Total assets | US$7.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OWY's short term assets ($3.7B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: OWY's short term assets ($3.7B) exceed its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: OWY's net debt to equity ratio (150.9%) is considered high.
Reducing Debt: OWY's debt to equity ratio has increased from 114.7% to 154.6% over the past 5 years.
Debt Coverage: OWY's debt is not well covered by operating cash flow (11%).
Interest Coverage: OWY's interest payments on its debt are well covered by EBIT (4.1x coverage).