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
Auto Trader Group (LON:AUTO) Seems To Use Debt Rather Sparingly
Sep 24
Does Auto Trader Group (LON:AUTO) Have A Healthy Balance Sheet?
Jun 18Does Auto Trader Group (LON:AUTO) Have A Healthy Balance Sheet?
Dec 27Recent updates
Calculating The Fair Value Of Auto Trader Group plc (LON:AUTO)
Nov 25Should You Be Adding Auto Trader Group (LON:AUTO) To Your Watchlist Today?
Oct 12Auto Trader Group (LON:AUTO) Seems To Use Debt Rather Sparingly
Sep 24A Look At The Intrinsic Value Of Auto Trader Group plc (LON:AUTO)
Aug 18Subdued Growth No Barrier To Auto Trader Group plc's (LON:AUTO) Price
Jul 31Does Auto Trader Group (LON:AUTO) Have A Healthy Balance Sheet?
Jun 18Here's Why We Think Auto Trader Group (LON:AUTO) Might Deserve Your Attention Today
Jun 02Auto Trader Group plc (LON:AUTO) Shares Could Be 23% Below Their Intrinsic Value Estimate
Apr 18Auto Trader Group plc's (LON:AUTO) Shareholders Might Be Looking For Exit
Mar 01A Look At The Fair Value Of Auto Trader Group plc (LON:AUTO)
Jan 18Does Auto Trader Group (LON:AUTO) Have A Healthy Balance Sheet?
Dec 27Financial Position Analysis
Short Term Liabilities: AUTO's short term assets (£104.9M) exceed its short term liabilities (£63.7M).
Long Term Liabilities: AUTO's short term assets (£104.9M) exceed its long term liabilities (£10.7M).
Debt to Equity History and Analysis
Debt Level: AUTO has more cash than its total debt.
Reducing Debt: AUTO's debt to equity ratio has reduced from 341% to 0.6% over the past 5 years.
Debt Coverage: AUTO's debt is well covered by operating cash flow (8327.8%).
Interest Coverage: AUTO's interest payments on its debt are well covered by EBIT (146.3x coverage).