Cars.com Balance Sheet Health
Financial Health criteria checks 2/6
Cars.com has a total shareholder equity of $502.4M and total debt of $465.0M, which brings its debt-to-equity ratio to 92.5%. Its total assets and total liabilities are $1.1B and $616.1M respectively. Cars.com's EBIT is $50.1M making its interest coverage ratio 1.5. It has cash and short-term investments of $49.6M.
Key information
92.5%
Debt to equity ratio
US$464.98m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$49.57m |
| Equity | US$502.43m |
| Total liabilities | US$616.08m |
| Total assets | US$1.12b |
Recent financial health updates
Is Cars.com (NYSE:CARS) A Risky Investment?
Sep 18
We Think Cars.com (NYSE:CARS) Is Taking Some Risk With Its Debt
Apr 15Is Cars.com (NYSE:CARS) Using Too Much Debt?
Aug 22Cars.com (NYSE:CARS) Seems To Use Debt Quite Sensibly
May 15Is Cars.com (NYSE:CARS) A Risky Investment?
Dec 11Recent updates
Why Investors Shouldn't Be Surprised By Cars.com Inc.'s (NYSE:CARS) 26% Share Price Surge
Nov 23Cars.com Contends With Uneven Dealer Demand (Downgrade)
Nov 19Earnings Troubles May Signal Larger Issues for Cars.com (NYSE:CARS) Shareholders
Nov 14Is Cars.com (NYSE:CARS) A Risky Investment?
Sep 18Cars.com Is Not In The Growth Race
Aug 28Improved Earnings Required Before Cars.com Inc. (NYSE:CARS) Shares Find Their Feet
Jun 20Is Now The Time To Put Cars.com (NYSE:CARS) On Your Watchlist?
May 10We Think Cars.com (NYSE:CARS) Is Taking Some Risk With Its Debt
Apr 15Analyst Estimates: Here's What Brokers Think Of Cars.com Inc. (NYSE:CARS) After Its Full-Year Report
Feb 24Getting In Cheap On Cars.com Inc. (NYSE:CARS) Is Unlikely
Jan 03Here's Why We Think Cars.com (NYSE:CARS) Might Deserve Your Attention Today
Dec 12Cars.com Improves Guidance As Car Market Shifts (Rating Upgrade)
Oct 20Is Cars.com (NYSE:CARS) Using Too Much Debt?
Aug 22Is Now An Opportune Moment To Examine Cars.com Inc. (NYSE:CARS)?
Aug 07Cars.com: Still Strong Trends But Upside Is Limited
Aug 02With EPS Growth And More, Cars.com (NYSE:CARS) Makes An Interesting Case
Jun 27Cars.com Inc.'s (NYSE:CARS) Intrinsic Value Is Potentially 44% Above Its Share Price
Jun 08Cars.com (NYSE:CARS) Seems To Use Debt Quite Sensibly
May 15Is There Now An Opportunity In Cars.com Inc. (NYSE:CARS)?
May 02Cars.com Q4 Earnings Preview: Path Towards 5% Buybacks
Feb 21Cars.com: Still Strong Trends And Upside Potential
Jan 25Is Cars.com (NYSE:CARS) A Risky Investment?
Dec 11Financial Position Analysis
Short Term Liabilities: CARS's short term assets ($199.9M) exceed its short term liabilities ($111.4M).
Long Term Liabilities: CARS's short term assets ($199.9M) do not cover its long term liabilities ($504.7M).
Debt to Equity History and Analysis
Debt Level: CARS's net debt to equity ratio (82.7%) is considered high.
Reducing Debt: CARS's debt to equity ratio has increased from 59.2% to 92.5% over the past 5 years.
Debt Coverage: CARS's debt is well covered by operating cash flow (36.1%).
Interest Coverage: CARS's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 22:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cars.com Inc. is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Prestopino | Barrington Research Associates, Inc. |
| Daniel Kurnos | Benchmark Company |
| Sameet Sinha | B. Riley Securities, Inc. |