Auto Trader Group Balance Sheet Health
Financial Health criteria checks 6/6
Auto Trader Group has a total shareholder equity of £575.5M and total debt of £3.6M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are £649.9M and £74.4M respectively. Auto Trader Group's EBIT is £380.3M making its interest coverage ratio 146.3. It has cash and short-term investments of £15.1M.
Key information
0.6%
Debt to equity ratio
UK£3.60m
Debt
| Interest coverage ratio | 146.3x |
| Cash | UK£15.10m |
| Equity | UK£575.50m |
| Total liabilities | UK£74.40m |
| Total assets | UK£649.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUTOl's short term assets (£104.9M) exceed its short term liabilities (£63.7M).
Long Term Liabilities: AUTOl's short term assets (£104.9M) exceed its long term liabilities (£10.7M).
Debt to Equity History and Analysis
Debt Level: AUTOl has more cash than its total debt.
Reducing Debt: AUTOl's debt to equity ratio has reduced from 341% to 0.6% over the past 5 years.
Debt Coverage: AUTOl's debt is well covered by operating cash flow (8327.8%).
Interest Coverage: AUTOl's interest payments on its debt are well covered by EBIT (146.3x coverage).