America's Car-Mart Balance Sheet Health
Financial Health criteria checks 2/6
America's Car-Mart has a total shareholder equity of $469.4M and total debt of $740.1M, which brings its debt-to-equity ratio to 157.7%. Its total assets and total liabilities are $1.5B and $997.5M respectively. America's Car-Mart's EBIT is $22.4M making its interest coverage ratio 0.4. It has cash and short-term investments of $4.2M.
Key information
157.7%
Debt to equity ratio
US$740.06m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$4.24m |
| Equity | US$469.41m |
| Total liabilities | US$997.54m |
| Total assets | US$1.47b |
Recent financial health updates
Here's Why America's Car-Mart (NASDAQ:CRMT) Can Manage Its Debt Responsibly
Mar 03
Here's Why America's Car-Mart (NASDAQ:CRMT) Can Manage Its Debt Responsibly
Apr 29Recent updates
The Returns On Capital At America's Car-Mart (NASDAQ:CRMT) Don't Inspire Confidence
Feb 13America's Car-Mart, Inc.'s (NASDAQ:CRMT) P/S Is On The Mark
Jan 03America's Car-Mart (NASDAQ:CRMT) Will Want To Turn Around Its Return Trends
Oct 18What Is America's Car-Mart, Inc.'s (NASDAQ:CRMT) Share Price Doing?
Aug 23America's Car-Mart's (NASDAQ:CRMT) Returns On Capital Not Reflecting Well On The Business
Jun 02Should You Investigate America's Car-Mart, Inc. (NASDAQ:CRMT) At US$85.59?
May 11America's Car-Mart (NASDAQ:CRMT) Is Reinvesting At Lower Rates Of Return
Feb 23Is Now The Time To Look At Buying America's Car-Mart, Inc. (NASDAQ:CRMT)?
Feb 03America's Car-Mart (NASDAQ:CRMT) Has More To Do To Multiply In Value Going Forward
Nov 24America's Car-Mart: Investor Panic Gives You 2 Ways To Win
Oct 10America's Car-Mart GAAP EPS of $2.00 misses by $1.15, revenue of $344.88M beats by $12.51M
Aug 18America's Car-Mart: Balance Sheet Trends Going Into Q4 Earnings
May 23The Return Trends At America's Car-Mart (NASDAQ:CRMT) Look Promising
May 05Here's Why America's Car-Mart (NASDAQ:CRMT) Can Manage Its Debt Responsibly
Mar 03America's Car-Mart Has A Growth Model That Is Working
Mar 02America's Car-Mart: An Interesting Play On The Automotive Market
Jan 10America's Car-Mart (NASDAQ:CRMT) Is Doing The Right Things To Multiply Its Share Price
Dec 07Do America's Car-Mart's (NASDAQ:CRMT) Earnings Warrant Your Attention?
Sep 08America's Car-Mart's (NASDAQ:CRMT) Returns On Capital Are Heading Higher
Aug 19America's Car-Mart's (NASDAQ:CRMT) Earnings Are Weaker Than They Seem
Jul 10Bullish: Analysts Just Made A Decent Upgrade To Their America's Car-Mart, Inc. (NASDAQ:CRMT) Forecasts
May 27Is Now The Time To Put America's Car-Mart (NASDAQ:CRMT) On Your Watchlist?
May 23Is It Too Late To Consider Buying America's Car-Mart, Inc. (NASDAQ:CRMT)?
May 11Here's Why America's Car-Mart (NASDAQ:CRMT) Can Manage Its Debt Responsibly
Apr 29America's Car-Mart (NASDAQ:CRMT) Shareholders Will Want The ROCE Trajectory To Continue
Apr 13Financial Position Analysis
Short Term Liabilities: CRMT's short term assets ($1.3B) exceed its short term liabilities ($55.2M).
Long Term Liabilities: CRMT's short term assets ($1.3B) exceed its long term liabilities ($942.4M).
Debt to Equity History and Analysis
Debt Level: CRMT's net debt to equity ratio (156.8%) is considered high.
Reducing Debt: CRMT's debt to equity ratio has increased from 69.5% to 157.7% over the past 5 years.
Debt Coverage: CRMT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CRMT's interest payments on its debt are not well covered by EBIT (0.4x coverage).