Eagers Automotive Balance Sheet Health
Financial Health criteria checks 5/6
Eagers Automotive has a total shareholder equity of A$1.3B and total debt of A$1.8B, which brings its debt-to-equity ratio to 137.6%. Its total assets and total liabilities are A$4.7B and A$3.4B respectively. Eagers Automotive's EBIT is A$551.5M making its interest coverage ratio 5.1. It has cash and short-term investments of A$222.2M.
Key information
137.6%
Debt to equity ratio
AU$1.80b
Debt
Interest coverage ratio | 5.1x |
Cash | AU$222.21m |
Equity | AU$1.31b |
Total liabilities | AU$3.42b |
Total assets | AU$4.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APE's short term assets (A$2.2B) exceed its short term liabilities (A$2.2B).
Long Term Liabilities: APE's short term assets (A$2.2B) exceed its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: APE's net debt to equity ratio (120.6%) is considered high.
Reducing Debt: APE's debt to equity ratio has reduced from 139.1% to 137.6% over the past 5 years.
Debt Coverage: APE's debt is well covered by operating cash flow (23.2%).
Interest Coverage: APE's interest payments on its debt are well covered by EBIT (5.1x coverage).