Commercial Metals Balance Sheet Health
Financial Health criteria checks 6/6
Commercial Metals has a total shareholder equity of $4.0B and total debt of $1.0B, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are $6.8B and $2.8B respectively. Commercial Metals's EBIT is $587.2M making its interest coverage ratio 12.4. It has cash and short-term investments of $856.1M.
Key information
26.1%
Debt to equity ratio
US$1.05b
Debt
| Interest coverage ratio | 12.4x |
| Cash | US$856.10m |
| Equity | US$4.02b |
| Total liabilities | US$2.76b |
| Total assets | US$6.77b |
Recent financial health updates
Is Commercial Metals (NYSE:CMC) A Risky Investment?
Nov 24
Commercial Metals (NYSE:CMC) Has A Pretty Healthy Balance Sheet
Aug 18Recent updates
Commercial Metals: Improving Demand, But Supply Growth And Valuation Are Both Concerns
Jan 15Commercial Metals Company's (NYSE:CMC) Revenues Are Not Doing Enough For Some Investors
Jan 14Is Commercial Metals (NYSE:CMC) A Risky Investment?
Nov 24Commercial Metals Company (NYSE:CMC) Shares Could Be 33% Below Their Intrinsic Value Estimate
Nov 06Commercial Metals Company: Maintaining Bearish Stance On Pricey Valuation And Sustained Growth Struggles
Nov 01Investors Aren't Buying Commercial Metals Company's (NYSE:CMC) Earnings
Sep 05Commercial Metals (NYSE:CMC) Has A Pretty Healthy Balance Sheet
Aug 18Commercial Metals Company: The Green Steel Giant Is Priced Just Out Of Reach
Aug 08An Intrinsic Calculation For Commercial Metals Company (NYSE:CMC) Suggests It's 48% Undervalued
Jul 12Commercial Metals Company: Lower Steel Prices Placing Pressure On Net Sales
Jun 25Commercial Metals Company (NYSE:CMC) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Jun 23Commercial Metals Company's (NYSE:CMC) Low P/E No Reason For Excitement
May 21Commercial Metals Company: Time To Take Profits
May 14Commercial Metals (NYSE:CMC) Will Pay A Larger Dividend Than Last Year At $0.18
Mar 23Improved Earnings Required Before Commercial Metals Company (NYSE:CMC) Shares Find Their Feet
Feb 07Commercial Metals Company: Strong Enough, Even As Peak Profits Normalize
Jan 01Commercial Metals Looking More Interesting After A 25% Pullback
Oct 16Commercial Metals Company: Still Going Strong
Oct 01Commercial Metals: The Rising Star In A Dynamic Market
Jul 19Commercial Metals Company: Rock Solid
Jun 26Commercial Metals declares $0.16 dividend
Jan 05Financial Position Analysis
Short Term Liabilities: CMC's short term assets ($3.2B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: CMC's short term assets ($3.2B) exceed its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: CMC's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: CMC's debt to equity ratio has reduced from 67.8% to 26.1% over the past 5 years.
Debt Coverage: CMC's debt is well covered by operating cash flow (81.2%).
Interest Coverage: CMC's interest payments on its debt are well covered by EBIT (12.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/19 03:10 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Commercial Metals Company is covered by 31 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Katja Jancic | BMO Capital Markets Equity Research |
| Colin Hamilton | BMO Capital Markets Equity Research |