Eagle Materials Balance Sheet Health
Financial Health criteria checks 3/6
Eagle Materials has a total shareholder equity of $1.3B and total debt of $1.0B, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are $2.9B and $1.6B respectively. Eagle Materials's EBIT is $642.9M making its interest coverage ratio 15.7. It has cash and short-term investments of $48.9M.
Key information
77.4%
Debt to equity ratio
US$1.03b
Debt
Interest coverage ratio | 15.7x |
Cash | US$48.91m |
Equity | US$1.33b |
Total liabilities | US$1.56b |
Total assets | US$2.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E5M's short term assets ($587.7M) exceed its short term liabilities ($225.5M).
Long Term Liabilities: E5M's short term assets ($587.7M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: E5M's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: E5M's debt to equity ratio has increased from 44.1% to 77.4% over the past 5 years.
Debt Coverage: E5M's debt is well covered by operating cash flow (54.4%).
Interest Coverage: E5M's interest payments on its debt are well covered by EBIT (15.7x coverage).