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 $1.1B, which brings its debt-to-equity ratio to 83.6%. Its total assets and total liabilities are $2.9B and $1.6B respectively. Eagle Materials's EBIT is $625.5M making its interest coverage ratio 15.5. It has cash and short-term investments of $34.9M.
Key information
83.6%
Debt to equity ratio
US$1.09b
Debt
Interest coverage ratio | 15.5x |
Cash | US$34.93m |
Equity | US$1.31b |
Total liabilities | US$1.64b |
Total assets | US$2.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EXP *'s short term assets ($627.7M) exceed its short term liabilities ($239.4M).
Long Term Liabilities: EXP *'s short term assets ($627.7M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: EXP *'s net debt to equity ratio (80.9%) is considered high.
Reducing Debt: EXP *'s debt to equity ratio has increased from 57.2% to 83.6% over the past 5 years.
Debt Coverage: EXP *'s debt is well covered by operating cash flow (51.6%).
Interest Coverage: EXP *'s interest payments on its debt are well covered by EBIT (15.5x coverage).