Group 1 Automotive Balance Sheet Health
Financial Health criteria checks 3/6
Group 1 Automotive has a total shareholder equity of $2.8B and total debt of $3.9B, which brings its debt-to-equity ratio to 139.1%. Its total assets and total liabilities are $8.5B and $5.7B respectively. Group 1 Automotive's EBIT is $1.0B making its interest coverage ratio 5.5. It has cash and short-term investments of $43.7M.
Key information
139.1%
Debt to equity ratio
US$3.86b
Debt
Interest coverage ratio | 5.5x |
Cash | US$43.70m |
Equity | US$2.77b |
Total liabilities | US$5.74b |
Total assets | US$8.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAV's short term assets ($2.8B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: GAV's short term assets ($2.8B) do not cover its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: GAV's net debt to equity ratio (137.5%) is considered high.
Reducing Debt: GAV's debt to equity ratio has reduced from 258.5% to 139.1% over the past 5 years.
Debt Coverage: GAV's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: GAV's interest payments on its debt are well covered by EBIT (5.5x coverage).