Boral Balance Sheet Health
Financial Health criteria checks 6/6
Boral has a total shareholder equity of A$2.0B and total debt of A$873.9M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are A$3.9B and A$1.9B respectively. Boral's EBIT is A$208.3M making its interest coverage ratio 5.8. It has cash and short-term investments of A$658.1M.
Key information
43.1%
Debt to equity ratio
AU$873.90m
Debt
Interest coverage ratio | 5.8x |
Cash | AU$658.10m |
Equity | AU$2.03b |
Total liabilities | AU$1.91b |
Total assets | AU$3.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOAL.Y's short term assets (A$1.5B) exceed its short term liabilities (A$694.5M).
Long Term Liabilities: BOAL.Y's short term assets (A$1.5B) exceed its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: BOAL.Y's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: BOAL.Y's debt to equity ratio has reduced from 43.8% to 43.1% over the past 5 years.
Debt Coverage: BOAL.Y's debt is well covered by operating cash flow (41%).
Interest Coverage: BOAL.Y's interest payments on its debt are well covered by EBIT (5.8x coverage).