Beacon Roofing Supply Balance Sheet Health
Financial Health criteria checks 3/6
Beacon Roofing Supply has a total shareholder equity of $1.9B and total debt of $2.9B, which brings its debt-to-equity ratio to 154.6%. Its total assets and total liabilities are $7.4B and $5.5B respectively. Beacon Roofing Supply's EBIT is $694.9M making its interest coverage ratio 4.1. It has cash and short-term investments of $71.2M.
Key information
154.6%
Debt to equity ratio
US$2.93b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$71.20m |
| Equity | US$1.90b |
| Total liabilities | US$5.52b |
| Total assets | US$7.42b |
Recent financial health updates
Does Beacon Roofing Supply (NASDAQ:BECN) Have A Healthy Balance Sheet?
Oct 20
Is Beacon Roofing Supply (NASDAQ:BECN) Using Too Much Debt?
Jun 21Recent updates
Beacon Roofing Supply, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 02Does Beacon Roofing Supply (NASDAQ:BECN) Have A Healthy Balance Sheet?
Oct 20Beacon Roofing Supply: Stock Cannibal In The Making
Oct 06Is There Now An Opportunity In Beacon Roofing Supply, Inc. (NASDAQ:BECN)?
Oct 05We Like These Underlying Return On Capital Trends At Beacon Roofing Supply (NASDAQ:BECN)
Sep 19An Intrinsic Calculation For Beacon Roofing Supply, Inc. (NASDAQ:BECN) Suggests It's 34% Undervalued
Aug 19Beacon Roofing Supply, Inc.'s (NASDAQ:BECN) Earnings Haven't Escaped The Attention Of Investors
Jul 27Is Beacon Roofing Supply (NASDAQ:BECN) Using Too Much Debt?
Jun 21Beacon Roofing Supply (NASDAQ:BECN) Is Doing The Right Things To Multiply Its Share Price
Jun 06Beacon Roofing Supply: Shares Deserve More Upside After Shooting Through The Roof
May 24Why Beacon Roofing Supply, Inc. (NASDAQ:BECN) Could Be Worth Watching
May 04Insufficient 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 15Financial Position Analysis
Short Term Liabilities: BECN's short term assets ($3.7B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: BECN's short term assets ($3.7B) exceed its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: BECN's net debt to equity ratio (150.9%) is considered high.
Reducing Debt: BECN's debt to equity ratio has increased from 114.7% to 154.6% over the past 5 years.
Debt Coverage: BECN's debt is not well covered by operating cash flow (11%).
Interest Coverage: BECN's interest payments on its debt are well covered by EBIT (4.1x coverage).