Genuine Parts Balance Sheet Health
Financial Health criteria checks 4/6
Genuine Parts has a total shareholder equity of $4.7B and total debt of $4.6B, which brings its debt-to-equity ratio to 98%. Its total assets and total liabilities are $20.3B and $15.5B respectively. Genuine Parts's EBIT is $1.7B making its interest coverage ratio 20.2. It has cash and short-term investments of $1.1B.
Key information
98.0%
Debt to equity ratio
US$4.62b
Debt
| Interest coverage ratio | 20.2x |
| Cash | US$1.08b |
| Equity | US$4.71b |
| Total liabilities | US$15.55b |
| Total assets | US$20.26b |
Recent financial health updates
Here's Why Genuine Parts (NYSE:GPC) Can Manage Its Debt Responsibly
Aug 19
Here's Why Genuine Parts (NYSE:GPC) Can Manage Its Debt Responsibly
Mar 10Genuine Parts (NYSE:GPC) Seems To Use Debt Quite Sensibly
Nov 20Here's Why Genuine Parts (NYSE:GPC) Can Manage Its Debt Responsibly
Aug 20Here's Why Genuine Parts (NYSE:GPC) Can Manage Its Debt Responsibly
May 08Recent updates
Is Now An Opportune Moment To Examine Genuine Parts Company (NYSE:GPC)?
Nov 05Genuine Parts Company: A Buy Opportunity Following The Recent Drop
Oct 23Genuine Parts Company (NYSE:GPC) Screens Well But There Might Be A Catch
Oct 14Genuine Parts Company: Don't Miss Out On This Quality Dividend Grower
Sep 11Genuine Parts (NYSE:GPC) Might Have The Makings Of A Multi-Bagger
Sep 04Here's Why Genuine Parts (NYSE:GPC) Can Manage Its Debt Responsibly
Aug 19An Intrinsic Calculation For Genuine Parts Company (NYSE:GPC) Suggests It's 44% Undervalued
Aug 07Genuine Parts Company: Weaker Consumer Demand Causes Concern But Dividend Remains Secure
Aug 06Genuine Parts Appears Overvalued
Jul 19What Does Genuine Parts Company's (NYSE:GPC) Share Price Indicate?
Jul 15Genuine Parts: Buy The Drop On This Dividend King
Jul 10Genuine Parts Company (NYSE:GPC) Not Lagging Market On Growth Or Pricing
Jun 17Genuine Parts: The Buying Opportunity Has Now Arrived (Rating Upgrade)
Jun 01Genuine Parts' (NYSE:GPC) Returns On Capital Are Heading Higher
May 21We Think Shareholders Will Probably Be Generous With Genuine Parts Company's (NYSE:GPC) CEO Compensation
Apr 23Genuine Parts: Buy Rated On Promising Signs Of Growth Turnaround
Apr 20Genuine Parts: A Dividend King That Offers Real Value (Rating Upgrade)
Apr 10Should You Think About Buying Genuine Parts Company (NYSE:GPC) Now?
Apr 10Here's Why Genuine Parts (NYSE:GPC) Can Manage Its Debt Responsibly
Mar 10Genuine Parts (NYSE:GPC) Is Increasing Its Dividend To $1.00
Feb 27Earnings Update: Genuine Parts Company (NYSE:GPC) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Feb 17Are Investors Undervaluing Genuine Parts Company (NYSE:GPC) By 35%?
Feb 05Genuine Parts Company: Commitment To Dividends Increase Leads Me To A 'Hold' Rating
Jan 23Genuine Parts (NYSE:GPC) Has More To Do To Multiply In Value Going Forward
Jan 12Is There Now An Opportunity In Genuine Parts Company (NYSE:GPC)?
Dec 31Pinning Down Genuine Parts Company's (NYSE:GPC) P/E Is Difficult Right Now
Dec 19Genuine Parts Company: 4 Reasons To Re-Enter
Nov 30Genuine Parts Company: Remaining Buy Rated Despite New Areas Of Concern
Nov 22Genuine Parts (NYSE:GPC) Seems To Use Debt Quite Sensibly
Nov 20Genuine Parts Company: The Type Of Dividend Growth Stock You Need Right Now
Oct 27Genuine Parts Company's (NYSE:GPC) Intrinsic Value Is Potentially 37% Above Its Share Price
Oct 26Genuine Parts Q3 Earnings: Slowing Growth Leaves Shares Unattractive
Oct 19Here's Why We Think Genuine Parts (NYSE:GPC) Might Deserve Your Attention Today
Oct 02Genuine Parts Company: Growth To Continue At The Current Mid-Single-Digit Pace.
Sep 24Genuine Parts' (NYSE:GPC) Returns Have Hit A Wall
Sep 19What Is Genuine Parts Company's (NYSE:GPC) Share Price Doing?
Sep 03Genuine Parts: Stable But Lacks Organic Growth
Sep 02Here's Why Genuine Parts (NYSE:GPC) Can Manage Its Debt Responsibly
Aug 20Estimating The Fair Value Of Genuine Parts Company (NYSE:GPC)
Jul 15We Ran A Stock Scan For Earnings Growth And Genuine Parts (NYSE:GPC) Passed With Ease
Jul 03Genuine Parts: Solid Growth Lever At A Reasonable Price
Jun 23Genuine Parts (NYSE:GPC) Is Experiencing Growth In Returns On Capital
Jun 19What Is Genuine Parts Company's (NYSE:GPC) Share Price Doing?
May 20Here's Why Genuine Parts (NYSE:GPC) Can Manage Its Debt Responsibly
May 08Calculating The Intrinsic Value Of Genuine Parts Company (NYSE:GPC)
Apr 12With EPS Growth And More, Genuine Parts (NYSE:GPC) Makes An Interesting Case
Apr 01Financial Position Analysis
Short Term Liabilities: GPC's short term assets ($10.7B) exceed its short term liabilities ($9.1B).
Long Term Liabilities: GPC's short term assets ($10.7B) exceed its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: GPC's net debt to equity ratio (75.2%) is considered high.
Reducing Debt: GPC's debt to equity ratio has increased from 94.1% to 98% over the past 5 years.
Debt Coverage: GPC's debt is well covered by operating cash flow (31.4%).
Interest Coverage: GPC's interest payments on its debt are well covered by EBIT (20.2x coverage).