CRH Balance Sheet Health
Financial Health criteria checks 4/6
CRH has a total shareholder equity of $23.2B and total debt of $13.9B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are $51.2B and $28.1B respectively. CRH's EBIT is $4.8B making its interest coverage ratio 13. It has cash and short-term investments of $3.0B.
Key information
60.0%
Debt to equity ratio
US$13.89b
Debt
| Interest coverage ratio | 13x |
| Cash | US$2.98b |
| Equity | US$23.17b |
| Total liabilities | US$28.06b |
| Total assets | US$51.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRHL's short term assets ($14.8B) exceed its short term liabilities ($10.7B).
Long Term Liabilities: CRHL's short term assets ($14.8B) do not cover its long term liabilities ($17.4B).
Debt to Equity History and Analysis
Debt Level: CRHL's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: CRHL's debt to equity ratio has reduced from 80.7% to 60% over the past 5 years.
Debt Coverage: CRHL's debt is well covered by operating cash flow (33.7%).
Interest Coverage: CRHL's interest payments on its debt are well covered by EBIT (13x coverage).