Carvana Balance Sheet Health
Financial Health criteria checks 0/6
Carvana has a total shareholder equity of $-384.0M and total debt of $5.5B, which brings its debt-to-equity ratio to -1438.5%. Its total assets and total liabilities are $7.1B and $7.5B respectively.
Key information
-1,438.5%
Debt to equity ratio
US$5.52b
Debt
Interest coverage ratio | n/a |
Cash | US$896.00m |
Equity | -US$384.00m |
Total liabilities | US$7.46b |
Total assets | US$7.07b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CV0 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CV0 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CV0 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CV0's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CV0's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: Insufficient data to determine if CV0's interest payments on its debt are well covered by EBIT.