Eagle Materials Balance Sheet Health

Financial Health criteria checks 3/6

Eagle Materials has a total shareholder equity of $1.3B and total debt of $1.0B, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are $2.9B and $1.6B respectively. Eagle Materials's EBIT is $642.9M making its interest coverage ratio 15.7. It has cash and short-term investments of $48.9M.

Key information

77.4%

Debt to equity ratio

US$1.03b

Debt

Interest coverage ratio15.7x
CashUS$48.91m
EquityUS$1.33b
Total liabilitiesUS$1.56b
Total assetsUS$2.89b

Recent financial health updates

Recent updates

Eagle Materials: Recovering New Home Sales And Insulation From Cement Imports Bolstering Outlook

Apr 17

These 4 Measures Indicate That Eagle Materials (NYSE:EXP) Is Using Debt Safely

Apr 15
These 4 Measures Indicate That Eagle Materials (NYSE:EXP) Is Using Debt Safely

Eagle Materials Inc.'s (NYSE:EXP) Intrinsic Value Is Potentially 61% Above Its Share Price

Mar 06
Eagle Materials Inc.'s (NYSE:EXP) Intrinsic Value Is Potentially 61% Above Its Share Price

Eagle Materials Inc.'s (NYSE:EXP) Business Is Trailing The Market But Its Shares Aren't

Feb 21
Eagle Materials Inc.'s (NYSE:EXP) Business Is Trailing The Market But Its Shares Aren't

Is Now An Opportune Moment To Examine Eagle Materials Inc. (NYSE:EXP)?

Feb 06
Is Now An Opportune Moment To Examine Eagle Materials Inc. (NYSE:EXP)?

Eagle Materials: Insiders Signaling Profit-Taking Might Lie Ahead

Feb 02

Is Eagle Materials (NYSE:EXP) Using Too Much Debt?

Jan 10
Is Eagle Materials (NYSE:EXP) Using Too Much Debt?

Does Eagle Materials (NYSE:EXP) Deserve A Spot On Your Watchlist?

Dec 13
Does Eagle Materials (NYSE:EXP) Deserve A Spot On Your Watchlist?

Are Investors Undervaluing Eagle Materials Inc. (NYSE:EXP) By 35%?

Nov 30
Are Investors Undervaluing Eagle Materials Inc. (NYSE:EXP) By 35%?

Eagle Materials: Strong Results Pave The Way For Continued Optimism

Nov 24

Should You Investigate Eagle Materials Inc. (NYSE:EXP) At US$153?

Oct 31
Should You Investigate Eagle Materials Inc. (NYSE:EXP) At US$153?

Eagle Materials: Building Success In The Construction Industry

Oct 09

Eagle Materials (NYSE:EXP) Could Easily Take On More Debt

Oct 01
Eagle Materials (NYSE:EXP) Could Easily Take On More Debt

Eagle Materials: Record Revenues And Discounted Price

Oct 01

Here's Why Eagle Materials (NYSE:EXP) Has Caught The Eye Of Investors

Sep 13
Here's Why Eagle Materials (NYSE:EXP) Has Caught The Eye Of Investors

Eagle Materials: Good Growth And A Reasonable Price

Aug 30

Eagle Materials: Made Of Concrete

Aug 23

Should You Think About Buying Eagle Materials Inc. (NYSE:EXP) Now?

Jul 26
Should You Think About Buying Eagle Materials Inc. (NYSE:EXP) Now?

These 4 Measures Indicate That Eagle Materials (NYSE:EXP) Is Using Debt Safely

Jun 28
These 4 Measures Indicate That Eagle Materials (NYSE:EXP) Is Using Debt Safely

With EPS Growth And More, Eagle Materials (NYSE:EXP) Makes An Interesting Case

Jun 15
With EPS Growth And More, Eagle Materials (NYSE:EXP) Makes An Interesting Case

Eagle Materials: Reasonably Priced With Good Growth Prospects

Jun 05

Is Eagle Materials Inc. (NYSE:EXP) Trading At A 48% Discount?

May 11
Is Eagle Materials Inc. (NYSE:EXP) Trading At A 48% Discount?

Is It Too Late To Consider Buying Eagle Materials Inc. (NYSE:EXP)?

Mar 26
Is It Too Late To Consider Buying Eagle Materials Inc. (NYSE:EXP)?

Should You Be Adding Eagle Materials (NYSE:EXP) To Your Watchlist Today?

Mar 10
Should You Be Adding Eagle Materials (NYSE:EXP) To Your Watchlist Today?

Breaking Down Eagle Materials: A Hidden Gem For Value Investors

Feb 24

We Think Eagle Materials (NYSE:EXP) Can Stay On Top Of Its Debt

Feb 22
We Think Eagle Materials (NYSE:EXP) Can Stay On Top Of Its Debt

Eagle Materials Holding Up Ahead Of A More Challenging Year

Feb 17

Eagle Materials declares $0.25 dividend

Feb 07

Eagle Materials GAAP EPS of $3.20 misses by $0.01, revenue of $511.49M misses by $21.46M

Jan 26

Is Eagle Materials Inc. (NYSE:EXP) Trading At A 49% Discount?

Jan 10
Is Eagle Materials Inc. (NYSE:EXP) Trading At A 49% Discount?

Eagle Materials: Low Valuation But Upcoming Headwinds

Dec 12

Here's Why Eagle Materials (NYSE:EXP) Has Caught The Eye Of Investors

Nov 26
Here's Why Eagle Materials (NYSE:EXP) Has Caught The Eye Of Investors

These 4 Measures Indicate That Eagle Materials (NYSE:EXP) Is Using Debt Reasonably Well

Nov 11
These 4 Measures Indicate That Eagle Materials (NYSE:EXP) Is Using Debt Reasonably Well

Eagle Materials Q2 2023 Earnings Preview

Oct 25

At US$114, Is It Time To Put Eagle Materials Inc. (NYSE:EXP) On Your Watch List?

Oct 07
At US$114, Is It Time To Put Eagle Materials Inc. (NYSE:EXP) On Your Watch List?

Is Eagle Materials A Suitable Foundation On Which To Build Your Wealth?

Sep 12

Eagle Materials (NYSE:EXP) Is Due To Pay A Dividend Of $0.25

Sep 07
Eagle Materials (NYSE:EXP) Is Due To Pay A Dividend Of $0.25

Here's Why We Think Eagle Materials (NYSE:EXP) Might Deserve Your Attention Today

Aug 15
Here's Why We Think Eagle Materials (NYSE:EXP) Might Deserve Your Attention Today

Is Eagle Materials (NYSE:EXP) Using Too Much Debt?

Jul 29
Is Eagle Materials (NYSE:EXP) Using Too Much Debt?

Eagle Materials Q1 2023 Earnings Preview

Jul 27

Eagle Materials: Good Value For Long-Term Investors

Jul 20

Is Now The Time To Look At Buying Eagle Materials Inc. (NYSE:EXP)?

Jun 28
Is Now The Time To Look At Buying Eagle Materials Inc. (NYSE:EXP)?

Financial Position Analysis

Short Term Liabilities: EXP's short term assets ($587.7M) exceed its short term liabilities ($225.5M).

Long Term Liabilities: EXP's short term assets ($587.7M) do not cover its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: EXP's net debt to equity ratio (73.8%) is considered high.

Reducing Debt: EXP's debt to equity ratio has increased from 44.1% to 77.4% over the past 5 years.

Debt Coverage: EXP's debt is well covered by operating cash flow (54.4%).

Interest Coverage: EXP's interest payments on its debt are well covered by EBIT (15.7x coverage).


Balance Sheet


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