Eagle Materials (Eagle Materials) Cash-to-Debt

: 0.05 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Eagle Materials's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Eagle Materials couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Eagle Materials's Cash-to-Debt or its related term are showing as below:

EXP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.36
Current: 0.05

During the past 13 years, Eagle Materials's highest Cash to Debt Ratio was 0.36. The lowest was 0.01. And the median was 0.03.

EXP's Cash-to-Debt is ranked worse than
89.92% of 377 companies
in the Building Materials industry
Industry Median: 0.45 vs EXP: 0.05

Eagle Materials Cash-to-Debt Historical Data

The historical data trend for Eagle Materials's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Eagle Materials Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.01

0.07

0.25

0.02

0.01

Eagle Materials Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.06	0.01	0.05	0.04	0.05

Competitive Comparison

For the Building Materials subindustry, Eagle Materials's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eagle Materials Cash-to-Debt Distribution

For the Building Materials industry and Basic Materials sector, Eagle Materials's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eagle Materials's Cash-to-Debt falls into.

Eagle Materials Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Eagle Materials's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	15.242	/	(16.009	+	1103.972)
	=	0.01

Eagle Materials's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	48.912	/	(18.217	+	1043.167)
	=	0.05

Eagle Materials (NYSE:EXP) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Eagle Materials Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Eagle Materials's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Eagle Materials (Eagle Materials) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Eagle Materials Inc (NYSE:EXP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EXP:Mexico E5M:Germany

Address

5960 Berkshire Lane, Suite 900, Dallas, TX, USA, 75225

Website

http://www.eaglematerials.com

Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.

Executives

Eric Cribbs	officer: Executive Vice President	5960 BERKSHIRE LN, SUITE 800, DALLAS TX 75225
Matt Newby	officer: EVP & General Counsel	5960 BERKSHIRE LN, SUITE 900, DALLAS TX 75225
Richard Ross Stewart	director	2707 N LOOP WEST 9TH FL, HOUSTON TX 77008
Dale Craig Kesler	officer: EVP and CFO	3811 TURTLE CREEK BLVD., SUITE 1100, DALLAS TX 75219
Michael Haack	director, officer: President & CEO	3811 TURTLE CREEK BLVD., SUITE 1100, DALLAS TX 75219
Robert S Stewart	officer: EVP-Strategy & Corp. Develop.	C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75219
William R Devlin	officer: Vice President & Controller	C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75219
Tony Thompson	officer: Senior Vice President	5960 BERKSHIRE LN, SUITE 800, DALLAS TX 75225
George John Damiris	director	100 CRESCENT COURT, SUITE 1600, DALLAS TX 75201
David B Powers	officer: Executive Vice President	C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75201
Steven L Wentzel	officer: President (American Gypsum)	5960 BERKSHIRE LN #800, DALLAS TX 75225
Bowman Ed H Jr	director	C/O F.Y.I. INC, 3232 MCKINNEY AVE STE 900, DALLAS TX 75204
James H Graass	officer: EVP & General Counsel	C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75219
Martin M Ellen	director	5960 BERKSHIRE LN, SUITE 900, DALLAS TX 75225
Mauro Gregorio	director	2211 H.H. DOW WAY, MIDLAND MI 48674