Vulcan Materials (VMC) Debt Metrics
Market Cap: $30.92B
Avg Volume: 976.64K
Industry: Construction Materials
Sector: Basic Materials
How much debt does Vulcan Materials have?
According to Vulcan Materials's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Vulcan Materials's total debt stands at $5.83B. This is broken down into:
- Long-term debt: $5.43B
- Short-term debt: $400.50M
The company's net debt, which accounts for cash and cash equivalents, is $5.27B. In terms of overall financial obligations, Vulcan Materials's total liabilities amount to $8.96B.
Debt Ratios and Metrics
To better understand Vulcan Materials's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.72 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 34.08% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 7.14 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 40.07% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 41.79% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Vulcan Materials's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$5.83B
Long-term Debt
$5.43B
Short-term Debt
$400.50M
Net Debt
$5.27B
Total Liabilities
$8.96B
Interest Coverage
7.14
Debt to Equity Ratio
0.72
Debt Ratio
34.08%
Vulcan Materials Historical Debt Metrics
Vulcan Materials Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $5.83B | $5.43B | $400.50M | $5.27B | $8.96B | 0.72 | 34.08% | 7.14 | 40.07% | 41.79% |
| 2023 | $4.39B | $4.40B | $500.00K | $3.45B | $7.04B | 0.59 | 30.15% | 7.28 | 34.13% | 36.95% |
| 2022 | $4.52B | $4.46B | $170.90M | $4.36B | $7.28B | 0.65 | 31.78% | 5.65 | 35.87% | 39.50% |
| 2021 | $4.52B | $4.52B | $89.80M | $4.29B | $7.11B | 0.69 | 33.05% | 6.84 | 37.19% | 40.86% |
| 2020 | $3.69B | $3.18B | $515.40M | $2.49B | $5.66B | 0.61 | 31.55% | 6.67 | 31.50% | 37.96% |
| 2019 | $3.17B | $3.17B | $30.43M | $2.90B | $5.03B | 0.56 | 29.79% | 6.80 | 33.12% | 36.07% |
| 2018 | $2.91B | $2.78B | $133.02M | $2.87B | $4.63B | 0.56 | 29.62% | 5.44 | 34.82% | 35.89% |
| 2017 | $2.85B | $2.81B | $41.38M | $2.71B | $4.54B | 0.57 | 30.04% | 2.22 | 36.15% | 36.49% |
| 2016 | $1.98B | $1.98B | $138.00K | $1.72B | $3.88B | 0.43 | 23.45% | 5.10 | 30.25% | 30.25% |
| 2015 | $1.98B | $1.98B | $130.00K | $1.70B | $3.85B | 0.44 | 23.86% | 2.50 | 30.78% | 30.78% |
Related Metrics
Explore detailed financial metrics and analysis for VMC.