OPENLANE Balance Sheet Health
Financial Health criteria checks 3/6
OPENLANE has a total shareholder equity of $1.9B and total debt of $1.8B, which brings its debt-to-equity ratio to 92.6%. Its total assets and total liabilities are $4.6B and $2.7B respectively. OPENLANE's EBIT is $255.8M making its interest coverage ratio 1.7. It has cash and short-term investments of $132.1M.
Key information
92.6%
Debt to equity ratio
US$1.80b
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$132.10m |
| Equity | US$1.94b |
| Total liabilities | US$2.69b |
| Total assets | US$4.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XKR's short term assets ($2.8B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: XKR's short term assets ($2.8B) exceed its long term liabilities ($100.9M).
Debt to Equity History and Analysis
Debt Level: XKR's net debt to equity ratio (85.8%) is considered high.
Reducing Debt: XKR's debt to equity ratio has reduced from 202.9% to 92.6% over the past 5 years.
Debt Coverage: XKR's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: XKR's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 10:16 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
OPENLANE, Inc. is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Craig Kennison | Baird |
| Manav Patnaik | Barclays |
| Gary Prestopino | Barrington Research Associates, Inc. |