TopBuild Balance Sheet Health
Financial Health criteria checks 6/6
TopBuild has a total shareholder equity of $2.7B and total debt of $1.4B, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are $5.3B and $2.6B respectively. TopBuild's EBIT is $911.3M making its interest coverage ratio 12.1. It has cash and short-term investments of $968.8M.
Key information
51.9%
Debt to equity ratio
US$1.41b
Debt
| Interest coverage ratio | 12.1x |
| Cash | US$968.81m |
| Equity | US$2.71b |
| Total liabilities | US$2.60b |
| Total assets | US$5.31b |
Recent financial health updates
TopBuild (NYSE:BLD) Could Easily Take On More Debt
Feb 12
Does TopBuild (NYSE:BLD) Have A Healthy Balance Sheet?
Oct 30TopBuild (NYSE:BLD) Has A Rock Solid Balance Sheet
Jul 18Here's Why TopBuild (NYSE:BLD) Can Manage Its Debt Responsibly
Apr 12Is TopBuild (NYSE:BLD) Using Too Much Debt?
Jan 10These 4 Measures Indicate That TopBuild (NYSE:BLD) Is Using Debt Reasonably Well
Oct 10Recent updates
TopBuild: Strong M&A Expertise And Productivity Initiatives Improving Margins
May 23TopBuild Corp. Just Beat EPS By 6.6%: Here's What Analysts Think Will Happen Next
May 10Estimating The Intrinsic Value Of TopBuild Corp. (NYSE:BLD)
May 06Here's Why TopBuild Corp.'s (NYSE:BLD) CEO May Deserve A Raise
Apr 23TopBuild Corp.'s (NYSE:BLD) Share Price Not Quite Adding Up
Mar 20TopBuild: Insulation Play Has Warmed Up (Rating Downgrade)
Mar 19TopBuild Corp. (NYSE:BLD) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 02Here's Why We Think TopBuild (NYSE:BLD) Might Deserve Your Attention Today
Feb 25TopBuild (NYSE:BLD) Could Easily Take On More Debt
Feb 12Calculating The Fair Value Of TopBuild Corp. (NYSE:BLD)
Jan 29TopBuild: A Good Buy At Current Levels
Jan 08TopBuild Corp.'s (NYSE:BLD) 27% Share Price Surge Not Quite Adding Up
Dec 20When Should You Buy TopBuild Corp. (NYSE:BLD)?
Dec 11Should You Be Adding TopBuild (NYSE:BLD) To Your Watchlist Today?
Nov 13Does TopBuild (NYSE:BLD) Have A Healthy Balance Sheet?
Oct 30TopBuild: Building Future Topline Growth
Oct 25An Intrinsic Calculation For TopBuild Corp. (NYSE:BLD) Suggests It's 22% Undervalued
Sep 14What Is TopBuild Corp.'s (NYSE:BLD) Share Price Doing?
Aug 30TopBuild Corp.: Benefiting From Growing Construction Spending, But I See No Margin Of Safety
Aug 15TopBuild: A Top And Well-Insulated Business
Aug 03Here's Why TopBuild (NYSE:BLD) Has Caught The Eye Of Investors
Aug 01TopBuild (NYSE:BLD) Has A Rock Solid Balance Sheet
Jul 18TopBuild: Time For A More Cautious Approach
Jul 02Estimating The Intrinsic Value Of TopBuild Corp. (NYSE:BLD)
Jun 08Is Now The Time To Look At Buying TopBuild Corp. (NYSE:BLD)?
May 25Here's Why TopBuild (NYSE:BLD) Has Caught The Eye Of Investors
Apr 30Here's Why TopBuild (NYSE:BLD) Can Manage Its Debt Responsibly
Apr 12A Look At The Fair Value Of TopBuild Corp. (NYSE:BLD)
Mar 07TopBuild Q4 2022 Earnings Preview
Feb 22Is Now An Opportune Moment To Examine TopBuild Corp. (NYSE:BLD)?
Feb 06Is Now The Time To Put TopBuild (NYSE:BLD) On Your Watchlist?
Jan 24TopBuild Is Still A Solid Play In This Environment
Jan 23Is TopBuild (NYSE:BLD) Using Too Much Debt?
Jan 10TopBuild Q3 2022 Earnings Preview
Oct 31What Is TopBuild Corp.'s (NYSE:BLD) Share Price Doing?
Oct 25These 4 Measures Indicate That TopBuild (NYSE:BLD) Is Using Debt Reasonably Well
Oct 10With EPS Growth And More, TopBuild (NYSE:BLD) Makes An Interesting Case
Aug 31Calculating The Intrinsic Value Of TopBuild Corp. (NYSE:BLD)
Aug 04Financial Position Analysis
Short Term Liabilities: BLD's short term assets ($2.2B) exceed its short term liabilities ($784.4M).
Long Term Liabilities: BLD's short term assets ($2.2B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: BLD's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: BLD's debt to equity ratio has reduced from 66.9% to 51.9% over the past 5 years.
Debt Coverage: BLD's debt is well covered by operating cash flow (60.9%).
Interest Coverage: BLD's interest payments on its debt are well covered by EBIT (12.1x coverage).