LKQ Balance Sheet Health
Financial Health criteria checks 4/6
LKQ has a total shareholder equity of $6.2B and total debt of $4.2B, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are $15.3B and $9.1B respectively. LKQ's EBIT is $1.4B making its interest coverage ratio 5.6. It has cash and short-term investments of $345.0M.
Key information
67.5%
Debt to equity ratio
US$4.16b
Debt
Interest coverage ratio | 5.6x |
Cash | US$345.00m |
Equity | US$6.17b |
Total liabilities | US$9.10b |
Total assets | US$15.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JSJ's short term assets ($5.2B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: 0JSJ's short term assets ($5.2B) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: 0JSJ's net debt to equity ratio (61.9%) is considered high.
Reducing Debt: 0JSJ's debt to equity ratio has reduced from 86.8% to 67.5% over the past 5 years.
Debt Coverage: 0JSJ's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 0JSJ's interest payments on its debt are well covered by EBIT (5.6x coverage).