Vulcan Materials Balance Sheet Health
Financial Health criteria checks 5/6
Vulcan Materials has a total shareholder equity of $7.5B and total debt of $3.9B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are $14.5B and $7.0B respectively. Vulcan Materials's EBIT is $1.4B making its interest coverage ratio 7.7. It has cash and short-term investments of $931.1M.
Key information
51.7%
Debt to equity ratio
US$3.88b
Debt
Interest coverage ratio | 7.7x |
Cash | US$931.10m |
Equity | US$7.51b |
Total liabilities | US$7.04b |
Total assets | US$14.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LRK's short term assets ($2.5B) exceed its short term liabilities ($797.6M).
Long Term Liabilities: 0LRK's short term assets ($2.5B) do not cover its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: 0LRK's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 0LRK's debt to equity ratio has reduced from 56% to 51.7% over the past 5 years.
Debt Coverage: 0LRK's debt is well covered by operating cash flow (39.6%).
Interest Coverage: 0LRK's interest payments on its debt are well covered by EBIT (7.7x coverage).