Corpay Balance Sheet Health
Financial Health criteria checks 4/6
Corpay has a total shareholder equity of $3.3B and total debt of $6.8B, which brings its debt-to-equity ratio to 207%. Its total assets and total liabilities are $15.5B and $12.2B respectively. Corpay's EBIT is $1.7B making its interest coverage ratio 4.8. It has cash and short-term investments of $1.4B.
Key information
207.0%
Debt to equity ratio
US$6.79b
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$1.41b |
| Equity | US$3.28b |
| Total liabilities | US$12.19b |
| Total assets | US$15.48b |
Recent financial health updates
Recent updates
Corpay: Good Growth Company Trading At A Discount
Apr 18Corpay, Inc. (NYSE:CPAY) Not Lagging Market On Growth Or Pricing
Apr 10
Fleetcor Technologies: Rating Upgrade As Valuation Is Cheap
Feb 17Fleetcor Technologies: 5 Reasons Why I Am Bullish
Jan 30FLEETCOR Technologies, Inc.'s (NYSE:FLT) Price In Tune With Earnings
Jan 08Fleetcor Technologies: Attractive Prospects But The Stock Remains Expensive
Oct 23Fleetcor: Weak Fuel Demand And Sales Of Russia Business Poised To Create Headwind
Oct 04Fleetcor Technologies: High-Quality Business At A Fair Price
Aug 30Fleetcor Technologies: Reiterate Positive View On Fundamental Outlook
Jun 13Do FLEETCOR Technologies' (NYSE:FLT) Earnings Warrant Your Attention?
May 19FLEETCOR Technologies (NYSE:FLT) Is Doing The Right Things To Multiply Its Share Price
Mar 10Fleetcor Technologies: Well-Positioned To Deliver Strong Shareholder Value
Feb 23FleetCor Technologies Non-GAAP EPS of $4.04 beats by $0.11, revenue of $883.61M beats by $9.17M
Feb 08Is Now An Opportune Moment To Examine FLEETCOR Technologies, Inc. (NYSE:FLT)?
Feb 06Fleetcor Technologies: Mixed Year Ahead With Downward Bias
Jan 27We Like These Underlying Return On Capital Trends At FLEETCOR Technologies (NYSE:FLT)
Dec 05FLEETCOR Technologies, Inc.'s (NYSE:FLT) Intrinsic Value Is Potentially 66% Above Its Share Price
Nov 19Fleetcor Technologies Faces Macro Slowdown And Higher Debt Service Costs In 2023
Oct 26Is It Too Late To Consider Buying FLEETCOR Technologies, Inc. (NYSE:FLT)?
Oct 24FleetCor Technologies to acquire European workforce lodging provider Roomex
Oct 20FleetCor CFO to step down; firm expects Q3 results to be in line with outlook
Sep 26FleetCor Technologies announce acquisition, investment in European EV assets
Sep 06There's Been No Shortage Of Growth Recently For FLEETCOR Technologies' (NYSE:FLT) Returns On Capital
Aug 28FleetCor acquires accounts payable automation software firm Accrualify
Aug 03Is FLEETCOR Technologies, Inc. (NYSE:FLT) Potentially Undervalued?
Apr 28FLEETCOR Technologies (NYSE:FLT) Might Have The Makings Of A Multi-Bagger
Apr 11FLEETCOR Technologies: Near Record Low Valuation For This Compounder That Benefits From Higher Inflation
Apr 04FLEETCOR Technologies, Inc.'s (NYSE:FLT) Intrinsic Value Is Potentially 43% Above Its Share Price
Mar 07Is FLEETCOR Technologies (NYSE:FLT) A Risky Investment?
Feb 21Why FLEETCOR Technologies, Inc. (NYSE:FLT) Could Be Worth Watching
Jan 24There's Been No Shortage Of Growth Recently For FLEETCOR Technologies' (NYSE:FLT) Returns On Capital
Jan 09Is There An Opportunity With FLEETCOR Technologies, Inc.'s (NYSE:FLT) 41% Undervaluation?
Nov 24When Should You Buy FLEETCOR Technologies, Inc. (NYSE:FLT)?
Oct 25Investors Met With Slowing Returns on Capital At FLEETCOR Technologies (NYSE:FLT)
Oct 10Are Investors Undervaluing FLEETCOR Technologies, Inc. (NYSE:FLT) By 22%?
Aug 25FleetCor: Laying The Groundwork For A Post-Pandemic Recovery
Aug 12Financial Position Analysis
Short Term Liabilities: CPAY's short term assets ($7.1B) exceed its short term liabilities ($6.8B).
Long Term Liabilities: CPAY's short term assets ($7.1B) exceed its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: CPAY's net debt to equity ratio (163.9%) is considered high.
Reducing Debt: CPAY's debt to equity ratio has increased from 144.3% to 207% over the past 5 years.
Debt Coverage: CPAY's debt is well covered by operating cash flow (30.9%).
Interest Coverage: CPAY's interest payments on its debt are well covered by EBIT (4.8x coverage).