Cars.com Balance Sheet Health
Financial Health criteria checks 2/6
Cars.com has a total shareholder equity of $492.1M and total debt of $483.2M, which brings its debt-to-equity ratio to 98.2%. Its total assets and total liabilities are $1.2B and $680.3M respectively. Cars.com's EBIT is $55.5M making its interest coverage ratio 1.7. It has cash and short-term investments of $39.2M.
Key information
98.2%
Debt to equity ratio
US$483.25m
Debt
Interest coverage ratio | 1.7x |
Cash | US$39.20m |
Equity | US$492.11m |
Total liabilities | US$680.34m |
Total assets | US$1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HTZ's short term assets ($178.4M) exceed its short term liabilities ($145.7M).
Long Term Liabilities: 0HTZ's short term assets ($178.4M) do not cover its long term liabilities ($534.6M).
Debt to Equity History and Analysis
Debt Level: 0HTZ's net debt to equity ratio (90.2%) is considered high.
Reducing Debt: 0HTZ's debt to equity ratio has increased from 42.5% to 98.2% over the past 5 years.
Debt Coverage: 0HTZ's debt is well covered by operating cash flow (28.3%).
Interest Coverage: 0HTZ's interest payments on its debt are not well covered by EBIT (1.7x coverage).