Beacon Roofing Supply Balance Sheet Health
Financial Health criteria checks 5/6
Beacon Roofing Supply has a total shareholder equity of $1.8B and total debt of $2.3B, which brings its debt-to-equity ratio to 125.2%. Its total assets and total liabilities are $6.2B and $4.4B respectively. Beacon Roofing Supply's EBIT is $719.6M making its interest coverage ratio 5.7. It has cash and short-term investments of $91.8M.
Key information
125.2%
Debt to equity ratio
US$2.28b
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$91.80m |
| Equity | US$1.82b |
| Total liabilities | US$4.38b |
| Total assets | US$6.21b |
Recent financial health updates
Does Beacon Roofing Supply (NASDAQ:BECN) Have A Healthy Balance Sheet?
May 16
Is Beacon Roofing Supply (NASDAQ:BECN) Using Too Much Debt?
Jan 19Recent updates
Insufficient Growth At Beacon Roofing Supply, Inc. (NASDAQ:BECN) Hampers Share Price
Mar 21Beacon Roofing Supply, Inc. (NASDAQ:BECN) Shares Could Be 28% Below Their Intrinsic Value Estimate
Feb 15Beacon Roofing Supply Goes Through Necessary Changes
Feb 12Is Now The Time To Look At Buying Beacon Roofing Supply, Inc. (NASDAQ:BECN)?
Jan 28Beacon Roofing Supply (NASDAQ:BECN) Is Doing The Right Things To Multiply Its Share Price
Nov 28An Intrinsic Calculation For Beacon Roofing Supply, Inc. (NASDAQ:BECN) Suggests It's 29% Undervalued
Nov 13Is There Now An Opportunity In Beacon Roofing Supply, Inc. (NASDAQ:BECN)?
Oct 29We Ran A Stock Scan For Earnings Growth And Beacon Roofing Supply (NASDAQ:BECN) Passed With Ease
Jul 31There's Been No Shortage Of Growth Recently For Beacon Roofing Supply's (NASDAQ:BECN) Returns On Capital
Jul 15Estimating The Intrinsic Value Of Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Jul 03What Does Beacon Roofing Supply, Inc.'s (NASDAQ:BECN) Share Price Indicate?
May 28Does Beacon Roofing Supply (NASDAQ:BECN) Have A Healthy Balance Sheet?
May 16If EPS Growth Is Important To You, Beacon Roofing Supply (NASDAQ:BECN) Presents An Opportunity
Apr 16Returns At Beacon Roofing Supply (NASDAQ:BECN) Are On The Way Up
Mar 22What Is Beacon Roofing Supply, Inc.'s (NASDAQ:BECN) Share Price Doing?
Feb 12Is Beacon Roofing Supply (NASDAQ:BECN) Using Too Much Debt?
Jan 19Here's Why Beacon Roofing Supply (NASDAQ:BECN) Has Caught The Eye Of Investors
Jan 06Are Investors Undervaluing Beacon Roofing Supply, Inc. (NASDAQ:BECN) By 41%?
Dec 23Returns On Capital Are Showing Encouraging Signs At Beacon Roofing Supply (NASDAQ:BECN)
Dec 11At US$56.32, Is It Time To Put Beacon Roofing Supply, Inc. (NASDAQ:BECN) On Your Watch List?
Oct 31Financial Position Analysis
Short Term Liabilities: BECN's short term assets ($2.9B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: BECN's short term assets ($2.9B) exceed its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: BECN's net debt to equity ratio (120.1%) is considered high.
Reducing Debt: BECN's debt to equity ratio has reduced from 132.9% to 125.2% over the past 5 years.
Debt Coverage: BECN's debt is well covered by operating cash flow (34.5%).
Interest Coverage: BECN's interest payments on its debt are well covered by EBIT (5.7x coverage).