Asbury Automotive Group Balance Sheet Health
Financial Health criteria checks 3/6
Asbury Automotive Group has a total shareholder equity of $3.2B and total debt of $5.5B, which brings its debt-to-equity ratio to 168.9%. Its total assets and total liabilities are $10.2B and $6.9B respectively. Asbury Automotive Group's EBIT is $1.1B making its interest coverage ratio 5.4. It has cash and short-term investments of $56.4M.
Key information
168.9%
Debt to equity ratio
US$5.48b
Debt
Interest coverage ratio | 5.4x |
Cash | US$56.40m |
Equity | US$3.24b |
Total liabilities | US$6.92b |
Total assets | US$10.16b |
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 ($2.9B).
Long Term Liabilities: AWG's short term assets ($3.1B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: AWG's net debt to equity ratio (167.2%) is considered high.
Reducing Debt: AWG's debt to equity ratio has reduced from 400.8% to 168.9% over the past 5 years.
Debt Coverage: AWG's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: AWG's interest payments on its debt are well covered by EBIT (5.4x coverage).