LKQ Balance Sheet Health
Financial Health criteria checks 4/6
LKQ has a total shareholder equity of $6.3B and total debt of $4.2B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are $15.5B and $9.2B respectively. LKQ's EBIT is $1.3B making its interest coverage ratio 4.8. It has cash and short-term investments of $353.0M.
Key information
67.7%
Debt to equity ratio
US$4.23b
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$353.00m |
| Equity | US$6.25b |
| Total liabilities | US$9.22b |
| Total assets | US$15.47b |
Recent financial health updates
Is LKQ (NASDAQ:LKQ) A Risky Investment?
Aug 14
We Think LKQ (NASDAQ:LKQ) Can Stay On Top Of Its Debt
Apr 23Does LKQ (NASDAQ:LKQ) Have A Healthy Balance Sheet?
Jan 16LKQ (NASDAQ:LKQ) Seems To Use Debt Quite Sensibly
Aug 27Here's Why LKQ (NASDAQ:LKQ) Can Manage Its Debt Responsibly
May 26LKQ (NASDAQ:LKQ) Seems To Use Debt Quite Sensibly
Feb 21Recent updates
LKQ (NASDAQ:LKQ) Is Paying Out A Dividend Of $0.30
Oct 29LKQ Corporation: Insiders Are Buying, But I'm Holding For Now
Oct 17It's A Story Of Risk Vs Reward With LKQ Corporation (NASDAQ:LKQ)
Sep 12Return Trends At LKQ (NASDAQ:LKQ) Aren't Appealing
Aug 28Is LKQ (NASDAQ:LKQ) A Risky Investment?
Aug 14LKQ Corp.: FCF Growth, M&A, And European Redesign Implied Undervaluation
Aug 02LKQ's (NASDAQ:LKQ) Conservative Accounting Might Explain Soft Earnings
Aug 01LKQ Corporation (NASDAQ:LKQ) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 25LKQ Corporation: In Need For A Little Maintenance Itself
Jul 05Is It Too Late To Consider Buying LKQ Corporation (NASDAQ:LKQ)?
Jun 25Potential Upside For LKQ Corporation (NASDAQ:LKQ) Not Without Risk
May 27LKQ Corporation: FY 2024 Adjusted Net Income Guidance Is Achievable
Apr 26We Think LKQ (NASDAQ:LKQ) Can Stay On Top Of Its Debt
Apr 23LKQ (NASDAQ:LKQ) Might Have The Makings Of A Multi-Bagger
Mar 25LKQ Corporation: Potential Double-Digit Upside Amidst Geopolitical And Social Tensions
Mar 12Is It Too Late To Consider Buying LKQ Corporation (NASDAQ:LKQ)?
Feb 26Is There An Opportunity With LKQ Corporation's (NASDAQ:LKQ) 48% Undervaluation?
Feb 12Does LKQ (NASDAQ:LKQ) Have A Healthy Balance Sheet?
Jan 16Little Excitement Around LKQ Corporation's (NASDAQ:LKQ) Earnings
Dec 20At US$45.74, Is LKQ Corporation (NASDAQ:LKQ) Worth Looking At Closely?
Nov 23LKQ (NASDAQ:LKQ) Is Increasing Its Dividend To $0.30
Oct 31Is LKQ Corporation (NASDAQ:LKQ) Trading At A 39% Discount?
Oct 23There's Been No Shortage Of Growth Recently For LKQ's (NASDAQ:LKQ) Returns On Capital
Oct 09LKQ (NASDAQ:LKQ) Seems To Use Debt Quite Sensibly
Aug 27What Is LKQ Corporation's (NASDAQ:LKQ) Share Price Doing?
Jul 27A Look At The Fair Value Of LKQ Corporation (NASDAQ:LKQ)
Jul 15If EPS Growth Is Important To You, LKQ (NASDAQ:LKQ) Presents An Opportunity
Jul 03We Like These Underlying Return On Capital Trends At LKQ (NASDAQ:LKQ)
Jun 07Here's Why LKQ (NASDAQ:LKQ) Can Manage Its Debt Responsibly
May 26LKQ's (NASDAQ:LKQ) Upcoming Dividend Will Be Larger Than Last Year's
May 14LKQ (NASDAQ:LKQ) Will Pay A Larger Dividend Than Last Year At $0.275
Apr 30Is LKQ Corporation (NASDAQ:LKQ) Potentially Undervalued?
Apr 03LKQ (NASDAQ:LKQ) Ticks All The Boxes When It Comes To Earnings Growth
Mar 22LKQ (NASDAQ:LKQ) Seems To Use Debt Quite Sensibly
Feb 21Estimating The Fair Value Of LKQ Corporation (NASDAQ:LKQ)
Feb 09We Like These Underlying Return On Capital Trends At LKQ (NASDAQ:LKQ)
Jan 27What Is LKQ Corporation's (NASDAQ:LKQ) Share Price Doing?
Dec 22If EPS Growth Is Important To You, LKQ (NASDAQ:LKQ) Presents An Opportunity
Dec 10We Think LKQ (NASDAQ:LKQ) Can Stay On Top Of Its Debt
Nov 16Financial Position Analysis
Short Term Liabilities: LKQ's short term assets ($5.1B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: LKQ's short term assets ($5.1B) do not cover its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: LKQ's net debt to equity ratio (62.1%) is considered high.
Reducing Debt: LKQ's debt to equity ratio has reduced from 78.8% to 67.7% over the past 5 years.
Debt Coverage: LKQ's debt is well covered by operating cash flow (25.9%).
Interest Coverage: LKQ's interest payments on its debt are well covered by EBIT (4.8x coverage).