Penske Automotive Group Balance Sheet Health
Financial Health criteria checks 5/6
Penske Automotive Group has a total shareholder equity of $4.8B and total debt of $5.4B, which brings its debt-to-equity ratio to 113.6%. Its total assets and total liabilities are $15.7B and $10.9B respectively. Penske Automotive Group's EBIT is $1.4B making its interest coverage ratio 6.2. It has cash and short-term investments of $96.4M.
Key information
113.6%
Debt to equity ratio
US$5.40b
Debt
Interest coverage ratio | 6.2x |
Cash | US$96.40m |
Equity | US$4.76b |
Total liabilities | US$10.92b |
Total assets | US$15.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UA9's short term assets ($5.7B) exceed its short term liabilities ($5.7B).
Long Term Liabilities: UA9's short term assets ($5.7B) exceed its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: UA9's net debt to equity ratio (111.5%) is considered high.
Reducing Debt: UA9's debt to equity ratio has reduced from 228% to 113.6% over the past 5 years.
Debt Coverage: UA9's debt is well covered by operating cash flow (20.2%).
Interest Coverage: UA9's interest payments on its debt are well covered by EBIT (6.2x coverage).