Genuine Parts Balance Sheet Health
Financial Health criteria checks 5/6
Genuine Parts has a total shareholder equity of $4.4B and total debt of $3.9B, which brings its debt-to-equity ratio to 87.7%. Its total assets and total liabilities are $18.3B and $13.9B respectively. Genuine Parts's EBIT is $1.8B making its interest coverage ratio 27.5. It has cash and short-term investments of $1.0B.
Key information
87.7%
Debt to equity ratio
US$3.87b
Debt
| Interest coverage ratio | 27.5x |
| Cash | US$1.05b |
| Equity | US$4.42b |
| Total liabilities | US$13.92b |
| Total assets | US$18.34b |
Recent financial health updates
Here's Why Genuine Parts (NYSE:GPC) Can Manage Its Debt Responsibly
Mar 10
Genuine 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 08Genuine Parts (NYSE:GPC) Seems To Use Debt Quite Sensibly
Jan 23Recent updates
Genuine 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 01Genuine Parts (NYSE:GPC) Is Doing The Right Things To Multiply Its Share Price
Mar 09Genuine Parts ups quarterly dividend to $0.95
Feb 21Is It Time To Consider Buying Genuine Parts Company (NYSE:GPC)?
Feb 03Genuine Parts (NYSE:GPC) Seems To Use Debt Quite Sensibly
Jan 23Does This Valuation Of Genuine Parts Company (NYSE:GPC) Imply Investors Are Overpaying?
Dec 31Here's Why We Think Genuine Parts (NYSE:GPC) Is Well Worth Watching
Dec 20Genuine Parts promotes president Stengel to COO
Dec 07Genuine Parts (NYSE:GPC) Looks To Prolong Its Impressive Returns
Nov 27Genuine Parts Company: A Time Will Come To Buy This Dividend King
Nov 14Is It Time To Consider Buying Genuine Parts Company (NYSE:GPC)?
Nov 02Genuine Parts Q3 2022 Earnings Preview
Oct 19Genuine Parts Company Might Actually Be Buyable Here
Oct 07If EPS Growth Is Important To You, Genuine Parts (NYSE:GPC) Presents An Opportunity
Sep 08Investors Could Be Concerned With Genuine Parts' (NYSE:GPC) Returns On Capital
Aug 28Financial Position Analysis
Short Term Liabilities: GPC's short term assets ($9.8B) exceed its short term liabilities ($8.6B).
Long Term Liabilities: GPC's short term assets ($9.8B) exceed its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: GPC's net debt to equity ratio (64%) is considered high.
Reducing Debt: GPC's debt to equity ratio has reduced from 95.8% to 87.7% over the past 5 years.
Debt Coverage: GPC's debt is well covered by operating cash flow (40.2%).
Interest Coverage: GPC's interest payments on its debt are well covered by EBIT (27.5x coverage).