Penske Automotive Group Balance Sheet Health
Financial Health criteria checks 3/6
Penske Automotive Group has a total shareholder equity of $5.2B and total debt of $6.1B, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are $17.1B and $11.8B respectively. Penske Automotive Group's EBIT is $1.3B making its interest coverage ratio 4.8. It has cash and short-term investments of $91.9M.
Key information
115.6%
Debt to equity ratio
US$6.05b
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$91.90m |
| Equity | US$5.23b |
| Total liabilities | US$11.83b |
| Total assets | US$17.07b |
Recent financial health updates
Does Penske Automotive Group (NYSE:PAG) Have A Healthy Balance Sheet?
Aug 26
Penske Automotive Group (NYSE:PAG) Has A Somewhat Strained Balance Sheet
May 27Penske 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 09Recent updates
Analysts Have Made A Financial Statement On Penske Automotive Group, Inc.'s (NYSE:PAG) Third-Quarter Report
Nov 01Penske Automotive Group's (NYSE:PAG) Upcoming Dividend Will Be Larger Than Last Year's
Oct 20We Like These Underlying Return On Capital Trends At Penske Automotive Group (NYSE:PAG)
Oct 09At US$159, Is It Time To Put Penske Automotive Group, Inc. (NYSE:PAG) On Your Watch List?
Sep 24Penske Automotive Group, Inc.'s (NYSE:PAG) Low P/E No Reason For Excitement
Sep 11Does Penske Automotive Group (NYSE:PAG) Have A Healthy Balance Sheet?
Aug 26Penske Automotive Group Has Been Busy
Aug 01Should You Investigate Penske Automotive Group, Inc. (NYSE:PAG) At US$147?
Jun 11Penske Automotive Group (NYSE:PAG) Has A Somewhat Strained Balance Sheet
May 27Penske Automotive Group, Inc. (NYSE:PAG) Just Released Its First-Quarter Earnings: Here's What Analysts Think
May 03Penske Automotive Group, Inc.'s (NYSE:PAG) Price Is Right But Growth Is Lacking
Apr 30There'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 08Financial Position Analysis
Short Term Liabilities: PAG's short term assets ($6.2B) do not cover its short term liabilities ($6.8B).
Long Term Liabilities: PAG's short term assets ($6.2B) exceed its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: PAG's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: PAG's debt to equity ratio has reduced from 234.4% to 115.6% over the past 5 years.
Debt Coverage: PAG's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: PAG's interest payments on its debt are well covered by EBIT (4.8x coverage).