TopBuild Balance Sheet Health
Financial Health criteria checks 6/6
TopBuild has a total shareholder equity of $2.6B and total debt of $1.4B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are $5.2B and $2.6B respectively. TopBuild's EBIT is $895.0M making its interest coverage ratio 12. It has cash and short-term investments of $848.6M.
Key information
55.4%
Debt to equity ratio
US$1.42b
Debt
Interest coverage ratio | 12x |
Cash | US$848.57m |
Equity | US$2.56b |
Total liabilities | US$2.60b |
Total assets | US$5.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 28T's short term assets ($2.0B) exceed its short term liabilities ($771.5M).
Long Term Liabilities: 28T's short term assets ($2.0B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: 28T's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 28T's debt to equity ratio has reduced from 69.3% to 55.4% over the past 5 years.
Debt Coverage: 28T's debt is well covered by operating cash flow (59.8%).
Interest Coverage: 28T's interest payments on its debt are well covered by EBIT (12x coverage).