Motorcar Parts of America Financial Health
How is Motorcar Parts of America's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MPAA's short term assets ($540.0M) exceed its short term liabilities ($425.5M).
Long Term Liabilities: MPAA's short term assets ($540.0M) exceed its long term liabilities ($278.5M).
Debt to Equity History and Analysis
Debt Level: MPAA's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: MPAA's debt to equity ratio has increased from 19.9% to 57.2% over the past 5 years.
Debt Coverage: MPAA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MPAA's interest payments on its debt are not well covered by EBIT (1.2x coverage).