Copart Balance Sheet Health
Financial Health criteria checks 6/6
Copart has a total shareholder equity of $7.5B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.4B and $879.2M respectively. Copart's EBIT is $1.6B making its interest coverage ratio -10.8. It has cash and short-term investments of $3.4B.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -10.8x |
| Cash | US$3.42b |
| Equity | US$7.55b |
| Total liabilities | US$879.21m |
| Total assets | US$8.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ACI's short term assets ($4.4B) exceed its short term liabilities ($628.6M).
Long Term Liabilities: 0ACI's short term assets ($4.4B) exceed its long term liabilities ($250.6M).
Debt to Equity History and Analysis
Debt Level: 0ACI is debt free.
Reducing Debt: 0ACI has no debt compared to 5 years ago when its debt to equity ratio was 22.5%.
Debt Coverage: 0ACI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0ACI has no debt, therefore coverage of interest payments is not a concern.