Penske Automotive Group Balance Sheet Health
Financial Health criteria checks 5/6
Penske Automotive Group has a total shareholder equity of $4.8B and total debt of $5.4B, which brings its debt-to-equity ratio to 113.6%. Its total assets and total liabilities are $15.7B and $10.9B respectively. Penske Automotive Group's EBIT is $1.4B making its interest coverage ratio 6.2. It has cash and short-term investments of $96.4M.
Key information
113.6%
Debt to equity ratio
US$5.40b
Debt
Interest coverage ratio | 6.2x |
Cash | US$96.40m |
Equity | US$4.76b |
Total liabilities | US$10.92b |
Total assets | US$15.67b |
Recent financial health updates
Penske Automotive Group (NYSE:PAG) Takes On Some Risk With Its Use Of Debt
Feb 09Penske Automotive Group (NYSE:PAG) Has A Somewhat Strained Balance Sheet
Oct 19Is Penske Automotive Group (NYSE:PAG) A Risky Investment?
Jun 14Is Penske Automotive Group (NYSE:PAG) Using Too Much Debt?
Mar 09Penske Automotive Group (NYSE:PAG) Seems To Use Debt Quite Sensibly
Dec 08We Think Penske Automotive Group (NYSE:PAG) Can Stay On Top Of Its Debt
Sep 02Recent updates
There's Been No Shortage Of Growth Recently For Penske Automotive Group's (NYSE:PAG) Returns On Capital
Apr 15Penske Automotive Group: Despite Bottom Line Pain, Shares Look Attractively Priced
Apr 02Is Now An Opportune Moment To Examine Penske Automotive Group, Inc. (NYSE:PAG)?
Mar 05Penske Automotive Group (NYSE:PAG) Takes On Some Risk With Its Use Of Debt
Feb 09Calculating The Fair Value Of Penske Automotive Group, Inc. (NYSE:PAG)
Jan 26Returns On Capital Are Showing Encouraging Signs At Penske Automotive Group (NYSE:PAG)
Jan 11Penske Automotive Group: 5 Reasons Why I Am Bullish
Jan 09There Is A Reason Penske Automotive Group, Inc.'s (NYSE:PAG) Price Is Undemanding
Dec 29At US$152, Is It Time To Put Penske Automotive Group, Inc. (NYSE:PAG) On Your Watch List?
Nov 17Penske Automotive Group: Supported By Privatization Possibility
Oct 26Penske Automotive Group (NYSE:PAG) Has A Somewhat Strained Balance Sheet
Oct 19Penske Automotive Group, Inc. (NYSE:PAG) Shares Could Be 26% Below Their Intrinsic Value Estimate
Oct 06Why I'm Selling My Small Position In Penske Automotive
Oct 04Penske Automotive Group (NYSE:PAG) Might Have The Makings Of A Multi-Bagger
Sep 22Penske Automotive Group's (NYSE:PAG) Dividend Will Be Increased To $0.72
Jul 28Penske Automotive: Potential For Softening Performance Is Concerning
Jul 20Is Now The Time To Look At Buying Penske Automotive Group, Inc. (NYSE:PAG)?
Jun 29Is Penske Automotive Group (NYSE:PAG) A Risky Investment?
Jun 14The Return Trends At Penske Automotive Group (NYSE:PAG) Look Promising
May 30Penske Automotive Group (NYSE:PAG) Is Paying Out A Larger Dividend Than Last Year
May 15We Ran A Stock Scan For Earnings Growth And Penske Automotive Group (NYSE:PAG) Passed With Ease
Apr 14Is There Now An Opportunity In Penske Automotive Group, Inc. (NYSE:PAG)?
Mar 21Is Penske Automotive Group (NYSE:PAG) Using Too Much Debt?
Mar 09Investors Will Want Penske Automotive Group's (NYSE:PAG) Growth In ROCE To Persist
Feb 22Penske Automotive authorizes $250M in repurchase authority
Feb 17Calculating The Fair Value Of Penske Automotive Group, Inc. (NYSE:PAG)
Feb 09Penske Automotive Non-GAAP EPS of $4.21 beats by $0.25, revenue of $7B beats by $530M
Feb 08Penske Automotive Group (NYSE:PAG) Will Pay A Larger Dividend Than Last Year At $0.61
Jan 28Penske Automotive boosts dividend by 7% to $0.61
Jan 25Penske Automotive Group: Still Offers Upside From Here
Jan 15Here's Why We Think Penske Automotive Group (NYSE:PAG) Might Deserve Your Attention Today
Jan 13Penske Automotive Group (NYSE:PAG) Seems To Use Debt Quite Sensibly
Dec 08Penske Automotive Group (NYSE:PAG) Is Looking To Continue Growing Its Returns On Capital
Nov 22Calculating The Intrinsic Value Of Penske Automotive Group, Inc. (NYSE:PAG)
Nov 09Penske Automotive Non-GAAP EPS of $4.61 beats by $0.26, revenue of $6.92B beats by $130M
Oct 26Penske Automotive Group (NYSE:PAG) Is Increasing Its Dividend To $0.57
Oct 23Penske Automotive raises dividend by 7.5% to $0.57/share
Oct 20Why Penske Automotive Group, Inc. (NYSE:PAG) Could Be Worth Watching
Oct 14Is Now The Time To Put Penske Automotive Group (NYSE:PAG) On Your Watchlist?
Sep 29We Think Penske Automotive Group (NYSE:PAG) Can Stay On Top Of Its Debt
Sep 02Penske Stock: Secular Decline Incoming
Aug 25Penske Automotive Group (NYSE:PAG) Is Paying Out A Larger Dividend Than Last Year
Aug 09Penske Automotive Group: Yellow Flag Conditions Ahead
Jul 28Penske Automotive Group (NYSE:PAG) Is Increasing Its Dividend To $0.53
Jul 26Penske Automotive raises dividend by 6% to $0.53
Jul 21Penske Automotive Group Still Makes Sense
Jul 13Penske Automotive Group (NYSE:PAG) Shareholders Will Want The ROCE Trajectory To Continue
Jul 03Should You Be Adding Penske Automotive Group (NYSE:PAG) To Your Watchlist Today?
Jun 19Financial Position Analysis
Short Term Liabilities: PAG's short term assets ($5.7B) exceed its short term liabilities ($5.7B).
Long Term Liabilities: PAG's short term assets ($5.7B) exceed its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: PAG's net debt to equity ratio (111.5%) is considered high.
Reducing Debt: PAG's debt to equity ratio has reduced from 228% to 113.6% over the past 5 years.
Debt Coverage: PAG's debt is well covered by operating cash flow (20.2%).
Interest Coverage: PAG's interest payments on its debt are well covered by EBIT (6.2x coverage).