AutoNation Balance Sheet Health
Financial Health criteria checks 1/6
AutoNation has a total shareholder equity of $2.4B and total debt of $7.1B, which brings its debt-to-equity ratio to 302.2%. Its total assets and total liabilities are $12.0B and $9.7B respectively. AutoNation's EBIT is $1.5B making its interest coverage ratio 4.4. It has cash and short-term investments of $60.3M.
Key information
302.2%
Debt to equity ratio
US$7.13b
Debt
Interest coverage ratio | 4.4x |
Cash | US$60.30m |
Equity | US$2.36b |
Total liabilities | US$9.68b |
Total assets | US$12.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWI's short term assets ($4.2B) do not cover its short term liabilities ($5.4B).
Long Term Liabilities: RWI's short term assets ($4.2B) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: RWI's net debt to equity ratio (299.6%) is considered high.
Reducing Debt: RWI's debt to equity ratio has increased from 226.8% to 302.2% over the past 5 years.
Debt Coverage: RWI's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: RWI's interest payments on its debt are well covered by EBIT (4.4x coverage).