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IAA Balance Sheet Health

Financial Health criteria checks 3/6

Key information

198.0%

Debt to equity ratio

US$1.12b

Debt

Interest coverage ratio8.3x
CashUS$195.90m
EquityUS$567.30m
Total liabilitiesUS$2.80b
Total assetsUS$3.36b

Recent financial health updates

Recent updates

Ritchie Bros. holder Luxor Capital files preliminary proxy opposing IAA deal

Jan 18

IAA Non-GAAP EPS of $0.45 misses by $0.05, revenue of $497.5M beats by $20.89M, to be acquired by Ritchie Bros. in stock and cash deal of $7.3B

Nov 07

Returns On Capital At IAA (NYSE:IAA) Paint A Concerning Picture

Sep 22
Returns On Capital At IAA (NYSE:IAA) Paint A Concerning Picture

IAA expands IAA Transport's service footprint to Mexico, Nigeria

Sep 07

Here's Why IAA (NYSE:IAA) Can Manage Its Debt Responsibly

Aug 26
Here's Why IAA (NYSE:IAA) Can Manage Its Debt Responsibly

IAA Q2 2022 Earnings Preview

Aug 08

When Should You Buy IAA, Inc. (NYSE:IAA)?

Apr 29
When Should You Buy IAA, Inc. (NYSE:IAA)?

Be Wary Of IAA (NYSE:IAA) And Its Returns On Capital

Mar 28
Be Wary Of IAA (NYSE:IAA) And Its Returns On Capital

IAA, Inc.: Possible Change On The Horizon

Mar 24

Is There An Opportunity With IAA, Inc.'s (NYSE:IAA) 23% Undervaluation?

Mar 10
Is There An Opportunity With IAA, Inc.'s (NYSE:IAA) 23% Undervaluation?

Insider Weekends: Peter Kamin Purchases Shares Of IAA

Feb 21

These 4 Measures Indicate That IAA (NYSE:IAA) Is Using Debt Reasonably Well

Feb 08
These 4 Measures Indicate That IAA (NYSE:IAA) Is Using Debt Reasonably Well

When Should You Buy IAA, Inc. (NYSE:IAA)?

Jan 18
When Should You Buy IAA, Inc. (NYSE:IAA)?

Capital Allocation Trends At IAA (NYSE:IAA) Aren't Ideal

Dec 28
Capital Allocation Trends At IAA (NYSE:IAA) Aren't Ideal

Do IAA's (NYSE:IAA) Earnings Warrant Your Attention?

Aug 20
Do IAA's (NYSE:IAA) Earnings Warrant Your Attention?

Are IAA, Inc. (NYSE:IAA) Investors Paying Above The Intrinsic Value?

Aug 03
Are IAA, Inc. (NYSE:IAA) Investors Paying Above The Intrinsic Value?

Is Now An Opportune Moment To Examine IAA, Inc. (NYSE:IAA)?

Jul 16
Is Now An Opportune Moment To Examine IAA, Inc. (NYSE:IAA)?

Is IAA (NYSE:IAA) Using Too Much Debt?

Jun 28
Is IAA (NYSE:IAA) Using Too Much Debt?

IAA, Dealertrack expand pact for electronic registration and title to Ohio

Jun 09

IAA (NYSE:IAA) Might Be Having Difficulty Using Its Capital Effectively

May 17
IAA (NYSE:IAA) Might Be Having Difficulty Using Its Capital Effectively

IAA EPS beats by $0.10, beats on revenue

May 04

What Do The Returns On Capital At IAA (NYSE:IAA) Tell Us?

Feb 03
What Do The Returns On Capital At IAA (NYSE:IAA) Tell Us?

IAA expands capacity in two key markets

Dec 17

IAA (IAA) Investor Presentation - Slideshow

Nov 22

IAA +3% post Q3 earnings beat and improved margins

Nov 02

IAA Q3 2020 Earnings Preview

Nov 01

Financial Position Analysis

Short Term Liabilities: IAA's short term assets ($788.4M) exceed its short term liabilities ($450.0M).

Long Term Liabilities: IAA's short term assets ($788.4M) do not cover its long term liabilities ($2.3B).


Debt to Equity History and Analysis

Debt Level: IAA's net debt to equity ratio (163.5%) is considered high.

Reducing Debt: IAA's debt to equity ratio has increased from 79.9% to 198% over the past 5 years.

Debt Coverage: IAA's debt is well covered by operating cash flow (35.5%).

Interest Coverage: IAA's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


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