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 16Recent updates
LKQ Corporation's (NASDAQ:LKQ) Subdued P/E Might Signal An Opportunity
Dec 13Is There Now An Opportunity In LKQ Corporation (NASDAQ:LKQ)?
Nov 28LKQ (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 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 15:45 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
LKQ Corporation is covered by 33 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Craig Kennison | Baird |
| Ishan Majumdar | Baptista Research |
| Gary Prestopino | Barrington Research Associates, Inc. |