Eagers Automotive Balance Sheet Health
Financial Health criteria checks 3/6
Eagers Automotive has a total shareholder equity of A$1.3B and total debt of A$2.4B, which brings its debt-to-equity ratio to 179.8%. Its total assets and total liabilities are A$5.4B and A$4.1B respectively. Eagers Automotive's EBIT is A$549.3M making its interest coverage ratio 4. It has cash and short-term investments of A$297.5M.
Key information
179.8%
Debt to equity ratio
AU$2.35b
Debt
| Interest coverage ratio | 4x |
| Cash | AU$297.46m |
| Equity | AU$1.31b |
| Total liabilities | AU$4.06b |
| Total assets | AU$5.36b |
Recent financial health updates
Is Eagers Automotive (ASX:APE) A Risky Investment?
Mar 22
Here's Why Eagers Automotive (ASX:APE) Can Manage Its Debt Responsibly
Dec 20We Think Eagers Automotive (ASX:APE) Can Stay On Top Of Its Debt
Sep 12We Think Eagers Automotive (ASX:APE) Can Stay On Top Of Its Debt
May 03Is Eagers Automotive (ASX:APE) Using Too Much Debt?
Sep 27Eagers Automotive (ASX:APE) Has A Pretty Healthy Balance Sheet
Apr 21Recent updates
Are Investors Undervaluing Eagers Automotive Limited (ASX:APE) By 38%?
Sep 20Eagers Automotive (ASX:APE) Has Announced A Dividend Of A$0.24
Aug 24Earnings Working Against Eagers Automotive Limited's (ASX:APE) Share Price
Apr 04Is Eagers Automotive (ASX:APE) A Risky Investment?
Mar 22Is Now An Opportune Moment To Examine Eagers Automotive Limited (ASX:APE)?
Mar 08Here's Why Eagers Automotive (ASX:APE) Can Manage Its Debt Responsibly
Dec 20At AU$13.82, Is It Time To Put Eagers Automotive Limited (ASX:APE) On Your Watch List?
Dec 06Estimating The Fair Value Of Eagers Automotive Limited (ASX:APE)
Oct 19We Think Eagers Automotive (ASX:APE) Can Stay On Top Of Its Debt
Sep 12Eagers Automotive (ASX:APE) Will Pay A Larger Dividend Than Last Year At A$0.24
Aug 26Estimating The Intrinsic Value Of Eagers Automotive Limited (ASX:APE)
Jul 13At AU$12.38, Is It Time To Put Eagers Automotive Limited (ASX:APE) On Your Watch List?
May 28We Think Eagers Automotive (ASX:APE) Can Stay On Top Of Its Debt
May 03Calculating The Fair Value Of Eagers Automotive Limited (ASX:APE)
Apr 03Is There Now An Opportunity In Eagers Automotive Limited (ASX:APE)?
Jan 08A Look At The Fair Value Of Eagers Automotive Limited (ASX:APE)
Dec 22Is Eagers Automotive Limited (ASX:APE) Potentially Undervalued?
Oct 10Is Eagers Automotive (ASX:APE) Using Too Much Debt?
Sep 27Estimating The Intrinsic Value Of Eagers Automotive Limited (ASX:APE)
Sep 13Is Now The Time To Put Eagers Automotive (ASX:APE) On Your Watchlist?
Jul 28At AU$9.21, Is Eagers Automotive Limited (ASX:APE) Worth Looking At Closely?
Jun 14An Intrinsic Calculation For Eagers Automotive Limited (ASX:APE) Suggests It's 24% Undervalued
Jun 01Eagers Automotive (ASX:APE) Has A Pretty Healthy Balance Sheet
Apr 21Here's Why We Think Eagers Automotive (ASX:APE) Is Well Worth Watching
Apr 08Eagers Automotive (ASX:APE) Is Increasing Its Dividend To AU$0.42
Mar 25Eagers Automotive's (ASX:APE) Dividend Will Be Increased To AU$0.42
Feb 27Results: Eagers Automotive Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 25Calculating The Fair Value Of Eagers Automotive Limited (ASX:APE)
Feb 21Eagers Automotive (ASX:APE) Has A Pretty Healthy Balance Sheet
Oct 24Is Now An Opportune Moment To Examine Eagers Automotive Limited (ASX:APE)?
Oct 07At AU$15.64, Is It Time To Put Eagers Automotive Limited (ASX:APE) On Your Watch List?
Jun 16Is Eagers Automotive (ASX:APE) Using Too Much Debt?
May 04Eagers Automotive's (ASX:APE) Solid Profits Have Weak Fundamentals
Mar 02Why Eagers Automotive Limited (ASX:APE) Could Be Worth Watching
Feb 25Financial Position Analysis
Short Term Liabilities: APE's short term assets (A$2.6B) exceed its short term liabilities (A$2.6B).
Long Term Liabilities: APE's short term assets (A$2.6B) exceed its long term liabilities (A$1.5B).
Debt to Equity History and Analysis
Debt Level: APE's net debt to equity ratio (157.1%) is considered high.
Reducing Debt: APE's debt to equity ratio has increased from 129.6% to 179.8% over the past 5 years.
Debt Coverage: APE's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: APE's interest payments on its debt are well covered by EBIT (4x coverage).