Eagle Materials Balance Sheet Health
Financial Health criteria checks 4/6
Eagle Materials has a total shareholder equity of $1.4B and total debt of $1.1B, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are $3.1B and $1.7B respectively. Eagle Materials's EBIT is $626.0M making its interest coverage ratio 15.9. It has cash and short-term investments of $93.9M.
Key information
75.0%
Debt to equity ratio
US$1.07b
Debt
| Interest coverage ratio | 15.9x |
| Cash | US$93.91m |
| Equity | US$1.43b |
| Total liabilities | US$1.69b |
| Total assets | US$3.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EXP *'s short term assets ($730.4M) exceed its short term liabilities ($312.2M).
Long Term Liabilities: EXP *'s short term assets ($730.4M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: EXP *'s net debt to equity ratio (68.5%) is considered high.
Reducing Debt: EXP *'s debt to equity ratio has reduced from 95.7% to 75% over the past 5 years.
Debt Coverage: EXP *'s debt is well covered by operating cash flow (57.5%).
Interest Coverage: EXP *'s interest payments on its debt are well covered by EBIT (15.9x coverage).