Boral Balance Sheet Health
Financial Health criteria checks 6/6
Boral has a total shareholder equity of A$2.1B and total debt of A$850.3M, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are A$4.0B and A$1.9B respectively. Boral's EBIT is A$314.1M making its interest coverage ratio 12.3. It has cash and short-term investments of A$888.7M.
Key information
39.8%
Debt to equity ratio
AU$850.30m
Debt
Interest coverage ratio | 12.3x |
Cash | AU$888.70m |
Equity | AU$2.13b |
Total liabilities | AU$1.86b |
Total assets | AU$3.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOAL.F's short term assets (A$1.6B) exceed its short term liabilities (A$661.1M).
Long Term Liabilities: BOAL.F's short term assets (A$1.6B) exceed its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: BOAL.F has more cash than its total debt.
Reducing Debt: BOAL.F's debt to equity ratio has reduced from 39.9% to 39.8% over the past 5 years.
Debt Coverage: BOAL.F's debt is well covered by operating cash flow (71%).
Interest Coverage: BOAL.F's interest payments on its debt are well covered by EBIT (12.3x coverage).