America's Car-Mart Balance Sheet Health
Financial Health criteria checks 2/6
America's Car-Mart has a total shareholder equity of $471.6M and total debt of $782.3M, which brings its debt-to-equity ratio to 165.9%. Its total assets and total liabilities are $1.5B and $1.1B respectively. America's Car-Mart's EBIT is $23.2M making its interest coverage ratio 0.3. It has cash and short-term investments of $4.7M.
Key information
165.9%
Debt to equity ratio
US$782.34m
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$4.75m |
| Equity | US$471.55m |
| Total liabilities | US$1.06b |
| Total assets | US$1.53b |
Recent financial health updates
Recent updates
America's Car-Mart Continues To Struggle
Sep 18America's Car-Mart (NASDAQ:CRMT) Will Be Hoping To Turn Its Returns On Capital Around
Sep 05
America's Car-Mart: Correcting 'Covid Sins'
Aug 27America's Car-Mart, Inc.'s (NASDAQ:CRMT) Price Is Out Of Tune With Revenues
Jun 20America's Car-Mart Is A Clunker
Jun 18The 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 05Financial Position Analysis
Short Term Liabilities: CRMT's short term assets ($1.4B) exceed its short term liabilities ($75.8M).
Long Term Liabilities: CRMT's short term assets ($1.4B) exceed its long term liabilities ($983.9M).
Debt to Equity History and Analysis
Debt Level: CRMT's net debt to equity ratio (164.9%) is considered high.
Reducing Debt: CRMT's debt to equity ratio has increased from 58.9% to 165.9% 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 (0.3x coverage).