Asbury Automotive Group Balance Sheet Health
Financial Health criteria checks 3/6
Asbury Automotive Group has a total shareholder equity of $3.4B and total debt of $4.9B, which brings its debt-to-equity ratio to 144.6%. Its total assets and total liabilities are $10.2B and $6.8B respectively. Asbury Automotive Group's EBIT is $977.1M making its interest coverage ratio 3.9. It has cash and short-term investments of $88.7M.
Key information
144.6%
Debt to equity ratio
US$4.86b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$88.70m |
| Equity | US$3.36b |
| Total liabilities | US$6.81b |
| Total assets | US$10.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWG's short term assets ($3.1B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: AWG's short term assets ($3.1B) do not cover its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: AWG's net debt to equity ratio (141.9%) is considered high.
Reducing Debt: AWG's debt to equity ratio has reduced from 307.4% to 144.6% over the past 5 years.
Debt Coverage: AWG's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: AWG's interest payments on its debt are well covered by EBIT (3.9x coverage).