Summit Materials Financial Health
How is Summit Materials's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SUM's short term assets ($1.1B) exceed its short term liabilities ($322.8M).
Long Term Liabilities: SUM's short term assets ($1.1B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: SUM's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: SUM's debt to equity ratio has reduced from 147.3% to 76% over the past 5 years.
Debt Coverage: SUM's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: SUM's interest payments on its debt are well covered by EBIT (3.1x coverage).