Auto Trader Group Balance Sheet Health
Financial Health criteria checks 6/6
Auto Trader Group has a total shareholder equity of £540.1M and total debt of £55.2M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are £674.0M and £133.9M respectively. Auto Trader Group's EBIT is £327.1M making its interest coverage ratio 86.1. It has cash and short-term investments of £24.7M.
Key information
10.2%
Debt to equity ratio
UK£55.20m
Debt
Interest coverage ratio | 86.1x |
Cash | UK£24.70m |
Equity | UK£540.10m |
Total liabilities | UK£133.90m |
Total assets | UK£674.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATDR.Y's short term assets (£108.6M) exceed its short term liabilities (£66.3M).
Long Term Liabilities: ATDR.Y's short term assets (£108.6M) exceed its long term liabilities (£67.6M).
Debt to Equity History and Analysis
Debt Level: ATDR.Y's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: ATDR.Y's debt to equity ratio has reduced from 1584.2% to 10.2% over the past 5 years.
Debt Coverage: ATDR.Y's debt is well covered by operating cash flow (494.2%).
Interest Coverage: ATDR.Y's interest payments on its debt are well covered by EBIT (86.1x coverage).