Auto Trader Group Balance Sheet Health
Financial Health criteria checks 6/6
Auto Trader Group has a total shareholder equity of £552.3M and total debt of £29.8M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are £658.0M and £105.7M respectively. Auto Trader Group's EBIT is £357.0M making its interest coverage ratio 102. It has cash and short-term investments of £18.7M.
Key information
5.4%
Debt to equity ratio
UK£29.80m
Debt
| Interest coverage ratio | 102x |
| Cash | UK£18.70m |
| Equity | UK£552.30m |
| Total liabilities | UK£105.70m |
| Total assets | UK£658.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2UA's short term assets (£105.3M) exceed its short term liabilities (£63.3M).
Long Term Liabilities: 2UA's short term assets (£105.3M) exceed its long term liabilities (£42.4M).
Debt to Equity History and Analysis
Debt Level: 2UA's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 2UA's debt to equity ratio has reduced from 525.9% to 5.4% over the past 5 years.
Debt Coverage: 2UA's debt is well covered by operating cash flow (964.8%).
Interest Coverage: 2UA's interest payments on its debt are well covered by EBIT (102x coverage).