CarGurus Balance Sheet Health
Financial Health criteria checks 6/6
CarGurus has a total shareholder equity of $568.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $870.8M and $302.4M respectively. CarGurus's EBIT is $45.0M making its interest coverage ratio -2.4. It has cash and short-term investments of $246.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -2.4x |
Cash | US$246.34m |
Equity | US$568.36m |
Total liabilities | US$302.44m |
Total assets | US$870.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0C6's short term assets ($323.8M) exceed its short term liabilities ($116.3M).
Long Term Liabilities: 0C6's short term assets ($323.8M) exceed its long term liabilities ($186.1M).
Debt to Equity History and Analysis
Debt Level: 0C6 is debt free.
Reducing Debt: 0C6 has not had any debt for past 5 years.
Debt Coverage: 0C6 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0C6 has no debt, therefore coverage of interest payments is not a concern.