Beacon Roofing Supply Balance Sheet Health
Financial Health criteria checks 3/6
Beacon Roofing Supply has a total shareholder equity of $1.8B and total debt of $3.0B, which brings its debt-to-equity ratio to 169%. Its total assets and total liabilities are $7.3B and $5.6B respectively. Beacon Roofing Supply's EBIT is $688.1M making its interest coverage ratio 4.4. It has cash and short-term investments of $89.6M.
Key information
169.0%
Debt to equity ratio
US$2.96b
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$89.60m |
| Equity | US$1.75b |
| Total liabilities | US$5.58b |
| Total assets | US$7.34b |
Recent financial health updates
Is Beacon Roofing Supply (NASDAQ:BECN) Using Too Much Debt?
Jun 21
Does Beacon Roofing Supply (NASDAQ:BECN) Have A Healthy Balance Sheet?
May 16Recent updates
An 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 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 16Financial Position Analysis
Short Term Liabilities: BECN's short term assets ($3.8B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: BECN's short term assets ($3.8B) exceed its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: BECN's net debt to equity ratio (163.8%) is considered high.
Reducing Debt: BECN's debt to equity ratio has increased from 131.2% to 169% over the past 5 years.
Debt Coverage: BECN's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: BECN's interest payments on its debt are well covered by EBIT (4.4x coverage).