Cars.com Balance Sheet Health
Financial Health criteria checks 2/6
Cars.com has a total shareholder equity of $481.5M and total debt of $473.8M, which brings its debt-to-equity ratio to 98.4%. Its total assets and total liabilities are $1.1B and $661.7M respectively. Cars.com's EBIT is $55.8M making its interest coverage ratio 1.7. It has cash and short-term investments of $31.4M.
Key information
98.4%
Debt to equity ratio
US$473.76m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$31.36m |
| Equity | US$481.45m |
| Total liabilities | US$661.68m |
| Total assets | US$1.14b |
Recent financial health updates
We Think Cars.com (NYSE:CARS) Is Taking Some Risk With Its Debt
Apr 15
Is 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 11Cars.com (NYSE:CARS) Takes On Some Risk With Its Use Of Debt
Aug 15Here's Why Cars.com (NYSE:CARS) Can Manage Its Debt Responsibly
Apr 22Recent updates
Is 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 11Cars.com Q3 2022 Earnings Preview
Nov 02Cars.com: Beneficial 2022 Guidance And An Affordable Stock Price
Oct 27Cars.com announces reappointment of Jain as CFO
Oct 04Cars.com (NYSE:CARS) Takes On Some Risk With Its Use Of Debt
Aug 15Cars.com reports Q2 earnings beat; issues Q3 and 2H guidance
Aug 03Here's Why Cars.com (NYSE:CARS) Can Manage Its Debt Responsibly
Apr 22Is Cars.com (NYSE:CARS) A Risky Investment?
Dec 24Financial Position Analysis
Short Term Liabilities: CARS's short term assets ($177.2M) exceed its short term liabilities ($109.4M).
Long Term Liabilities: CARS's short term assets ($177.2M) do not cover its long term liabilities ($552.3M).
Debt to Equity History and Analysis
Debt Level: CARS's net debt to equity ratio (91.9%) is considered high.
Reducing Debt: CARS's debt to equity ratio has increased from 43.3% to 98.4% over the past 5 years.
Debt Coverage: CARS's debt is well covered by operating cash flow (30%).
Interest Coverage: CARS's interest payments on its debt are not well covered by EBIT (1.7x coverage).