Beacon Roofing Supply Balance Sheet Health
Financial Health criteria checks 4/6
Beacon Roofing Supply has a total shareholder equity of $1.8B and total debt of $2.6B, which brings its debt-to-equity ratio to 142.1%. Its total assets and total liabilities are $6.8B and $5.0B respectively. Beacon Roofing Supply's EBIT is $704.2M making its interest coverage ratio 5.2. It has cash and short-term investments of $134.6M.
Key information
142.1%
Debt to equity ratio
US$2.62b
Debt
Interest coverage ratio | 5.2x |
Cash | US$134.60m |
Equity | US$1.84b |
Total liabilities | US$4.98b |
Total assets | US$6.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OWY's short term assets ($3.4B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: OWY's short term assets ($3.4B) exceed its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: OWY's net debt to equity ratio (134.8%) is considered high.
Reducing Debt: OWY's debt to equity ratio has increased from 132.8% to 142.1% over the past 5 years.
Debt Coverage: OWY's debt is well covered by operating cash flow (20.9%).
Interest Coverage: OWY's interest payments on its debt are well covered by EBIT (5.2x coverage).