Summit Materials Balance Sheet Health
Financial Health criteria checks 2/6
Summit Materials has a total shareholder equity of $4.4B and total debt of $2.8B, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are $8.4B and $4.0B respectively. Summit Materials's EBIT is $474.5M making its interest coverage ratio 2.5. It has cash and short-term investments of $737.5M.
Key information
62.7%
Debt to equity ratio
US$2.79b
Debt
Interest coverage ratio | 2.5x |
Cash | US$737.54m |
Equity | US$4.45b |
Total liabilities | US$3.98b |
Total assets | US$8.43b |
Recent financial health updates
No updates
Recent updates
Summit Materials, Inc. (NYSE:SUM) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Nov 22Summit Materials: Good Growth Prospects Should Drive Further Upside
Sep 27Should You Be Adding Summit Materials (NYSE:SUM) To Your Watchlist Today?
Sep 25Why Summit Materials, Inc. (NYSE:SUM) Could Be Worth Watching
Sep 04Summit Materials' (NYSE:SUM) Earnings Aren't As Good As They Appear
Aug 14Summit Materials: Still Cheap, Still Worth An Optimistic View
Jul 02Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?
May 31Investors Interested In Summit Materials, Inc.'s (NYSE:SUM) Earnings
May 05Summit Materials: Diversified But Lacking Upside
Apr 17Is It Time To Consider Buying Summit Materials, Inc. (NYSE:SUM)?
Feb 19Summit Materials, Inc. (NYSE:SUM) Investors Are Less Pessimistic Than Expected
Jan 29Summit Materials: A Good Buy At Current Levels
Nov 26Summit Materials: Cementing Its Position
Sep 10Summit Materials: Good Medium To Long-Term Growth Prospects
Jul 09Summit Materials Non-GAAP EPS of $0.32 beats by $0.02, revenue of $552.27M misses by $14.89M
Feb 15Summit Materials: Good Growth Prospects At A Discount Valuation
Dec 12Summit Materials Gives A Rock-Solid Foundation For Growth
Sep 13Summit Materials: Investor Day Outlines The Next Leg Of Growth
Jun 19Financial Position Analysis
Short Term Liabilities: SUM's short term assets ($1.7B) exceed its short term liabilities ($552.8M).
Long Term Liabilities: SUM's short term assets ($1.7B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: SUM's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: SUM's debt to equity ratio has reduced from 134.1% to 62.7% over the past 5 years.
Debt Coverage: SUM's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: SUM's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2025/01/08 23:59 |
End of Day Share Price | 2025/01/08 00:00 |
Earnings | 2024/09/28 |
Annual Earnings | 2023/12/30 |
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 * |
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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
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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
Summit Materials, Inc. is covered by 29 analysts. 11 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 |
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Adam Seiden | Barclays |
Adam Thalhimer | BB&T Capital Markets |
Daniel Wang | Berenberg |