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CDK Global Balance Sheet Health
Financial Health criteria checks 3/6
Key information
397.3%
Debt to equity ratio
US$1.78b
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$120.30m |
| Equity | US$446.80m |
| Total liabilities | US$2.44b |
| Total assets | US$2.88b |
Recent financial health updates
We Think CDK Global (NASDAQ:CDK) Is Taking Some Risk With Its Debt
Sep 13
Is CDK Global (NASDAQ:CDK) Using Too Much Debt?
May 21Recent updates
CDK Global's CEO, CFO and COO steps down as part of the merger announcement last week
Jul 12Should You Think About Buying CDK Global, Inc. (NASDAQ:CDK) Now?
Apr 06CDK Global (NASDAQ:CDK) Has Announced A Dividend Of US$0.15
Feb 13CDK Global (NASDAQ:CDK) Has Announced A Dividend Of US$0.15
Jan 30CDK Global (NASDAQ:CDK) Has Re-Affirmed Its Dividend Of US$0.15
Jan 16Is It Time To Consider Buying CDK Global, Inc. (NASDAQ:CDK)?
Dec 17CDK Global (NASDAQ:CDK) Has Affirmed Its Dividend Of US$0.15
Nov 18We Think Shareholders May Want To Consider A Review Of CDK Global, Inc.'s (NASDAQ:CDK) CEO Compensation Package
Nov 05We Think CDK Global (NASDAQ:CDK) Is Taking Some Risk With Its Debt
Sep 13CDK Global's (NASDAQ:CDK) Dividend Will Be US$0.15
Aug 19At US$48.36, Is CDK Global, Inc. (NASDAQ:CDK) Worth Looking At Closely?
Jul 27CDK Global acquires digital retail platform Roadster
Jun 02Is CDK Global (NASDAQ:CDK) Using Too Much Debt?
May 21CDK Global EPS in-line, beats on revenue
May 06Does CDK Global's (NASDAQ:CDK) Share Price Gain of 73% Match Its Business Performance?
Mar 18Here's What We Like About CDK Global's (NASDAQ:CDK) Upcoming Dividend
Feb 28What To Know Before Buying CDK Global, Inc. (NASDAQ:CDK) For Its Dividend
Feb 19CDK Global acquires Square Root
Feb 01What Is CDK Global, Inc.'s (NASDAQ:CDK) Share Price Doing?
Feb 01What Kind Of Shareholders Hold The Majority In CDK Global, Inc.'s (NASDAQ:CDK) Shares?
Jan 17Does This Valuation Of CDK Global, Inc. (NASDAQ:CDK) Imply Investors Are Overpaying?
Dec 30CDK Global, Inc. (NASDAQ:CDK) Insiders Have Been Selling
Dec 11
CDK Global Trying To Break Out Of A Downward Trend
Dec 02CDK Global sells international business to Francisco Partners for $1.45B
Nov 30Why You Might Be Interested In CDK Global, Inc. (NASDAQ:CDK) For Its Upcoming Dividend
Nov 25CDK Global names new CIO
Nov 12CDK Global EPS beats by $0.13, beats on revenue
Nov 02Financial Position Analysis
Short Term Liabilities: CDK's short term assets ($507.5M) exceed its short term liabilities ($404.6M).
Long Term Liabilities: CDK's short term assets ($507.5M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: CDK's net debt to equity ratio (370.3%) is considered high.
Reducing Debt: CDK's debt to equity ratio has reduced from 779% to 397.3% over the past 5 years.
Debt Coverage: CDK's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: CDK's interest payments on its debt are well covered by EBIT (4.9x coverage).