Lithia Motors Balance Sheet Health
Financial Health criteria checks 3/6
Lithia Motors has a total shareholder equity of $6.4B and total debt of $12.6B, which brings its debt-to-equity ratio to 195.5%. Its total assets and total liabilities are $22.2B and $15.8B respectively. Lithia Motors's EBIT is $1.7B making its interest coverage ratio 4.2. It has cash and short-term investments of $404.6M.
Key information
195.5%
Debt to equity ratio
US$12.55b
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$404.60m |
| Equity | US$6.42b |
| Total liabilities | US$15.76b |
| Total assets | US$22.18b |
Recent financial health updates
These 4 Measures Indicate That Lithia Motors (NYSE:LAD) Is Using Debt In A Risky Way
Mar 28
Lithia Motors (NYSE:LAD) Use Of Debt Could Be Considered Risky
Nov 14Lithia Motors (NYSE:LAD) Takes On Some Risk With Its Use Of Debt
Jul 17Here's Why Lithia Motors (NYSE:LAD) Has A Meaningful Debt Burden
Apr 10Is Lithia Motors (NYSE:LAD) Using Too Much Debt?
Dec 28Is Lithia Motors (NYSE:LAD) A Risky Investment?
Sep 20Recent updates
Lithia Motors (NYSE:LAD) Is Paying Out A Larger Dividend Than Last Year
Apr 27Lithia Motors: Despite Short-Term Troubles, Long-Term Story Remains Intact
Apr 25Is Lithia Motors, Inc. (NYSE:LAD) Potentially Undervalued?
Apr 11These 4 Measures Indicate That Lithia Motors (NYSE:LAD) Is Using Debt In A Risky Way
Mar 28Lithia Motors, Inc.'s (NYSE:LAD) Prospects Need A Boost To Lift Shares
Mar 15Investors Could Be Concerned With Lithia Motors' (NYSE:LAD) Returns On Capital
Mar 01Analyst Estimates: Here's What Brokers Think Of Lithia Motors, Inc. (NYSE:LAD) After Its Annual Report
Feb 17A Look At The Fair Value Of Lithia Motors, Inc. (NYSE:LAD)
Feb 15Is There Now An Opportunity In Lithia Motors, Inc. (NYSE:LAD)?
Jan 02Investors Could Be Concerned With Lithia Motors' (NYSE:LAD) Returns On Capital
Dec 02Lithia Motors (NYSE:LAD) Use Of Debt Could Be Considered Risky
Nov 14Lithia Motors, Inc.: Robust Revenue Growth, Digital Dominance, And Strategic Vision For LT Growth
Nov 01Calculating The Fair Value Of Lithia Motors, Inc. (NYSE:LAD)
Oct 17What Is Lithia Motors, Inc.'s (NYSE:LAD) Share Price Doing?
Sep 05Lithia Motors: Strategic Consolidation And Diverse Portfolio Drive Growth
Sep 01Slowing Rates Of Return At Lithia Motors (NYSE:LAD) Leave Little Room For Excitement
Aug 18Lithia Motors (NYSE:LAD) Takes On Some Risk With Its Use Of Debt
Jul 17Lithia Motors: A Promising Future Anchored On Acquisitions
Jun 23Lithia Motors, Inc. (NYSE:LAD) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jun 15Why Lithia Motors, Inc. (NYSE:LAD) Could Be Worth Watching
May 30Investors Met With Slowing Returns on Capital At Lithia Motors (NYSE:LAD)
May 15Here's Why Lithia Motors (NYSE:LAD) Has A Meaningful Debt Burden
Apr 10At US$256, Is It Time To Put Lithia Motors, Inc. (NYSE:LAD) On Your Watch List?
Feb 27Lithia & Driveway Q4 2022 Earnings Preview
Feb 14Here's Why We Think Lithia Motors (NYSE:LAD) Is Well Worth Watching
Feb 14Lithia Motors' (NYSE:LAD) Returns Have Hit A Wall
Feb 02Lithia Motors reportedly in talks to buy Jardine Motors for £300M
Jan 23Is Lithia Motors, Inc. (NYSE:LAD) Trading At A 47% Discount?
Jan 09Is Lithia Motors (NYSE:LAD) Using Too Much Debt?
Dec 28Lithia Motors Is Crashing
Dec 23Lithia Motors: Shares Warrant Upside
Dec 11Is Now The Time To Look At Buying Lithia Motors, Inc. (NYSE:LAD)?
Nov 18Returns On Capital At Lithia Motors (NYSE:LAD) Have Stalled
Nov 04Lithia & Driveway boosts share repurchase authorization by $450M
Nov 01Lithia Motors Q3 2022 Earnings Preview
Oct 18Here's Why We Think Lithia Motors (NYSE:LAD) Is Well Worth Watching
Oct 17Lithia Motors: Still A Solid Play Worth Considering
Oct 01Is Lithia Motors (NYSE:LAD) A Risky Investment?
Sep 20Financial Position Analysis
Short Term Liabilities: LAD's short term assets ($7.7B) exceed its short term liabilities ($6.6B).
Long Term Liabilities: LAD's short term assets ($7.7B) do not cover its long term liabilities ($9.2B).
Debt to Equity History and Analysis
Debt Level: LAD's net debt to equity ratio (189.2%) is considered high.
Reducing Debt: LAD's debt to equity ratio has reduced from 273.1% to 195.5% over the past 5 years.
Debt Coverage: LAD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LAD's interest payments on its debt are well covered by EBIT (4.2x coverage).