Lithia Motors (LAD) Debt Metrics
Market Cap: $7.64B
Avg Volume: 369.43K
Industry: Auto - Dealerships
Sector: Consumer Cyclical
How much debt does Lithia Motors have?
According to Lithia Motors's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Lithia Motors's total debt stands at $7.74B. This is broken down into:
- Long-term debt: $2.65B
- Short-term debt: $5.10B
The company's net debt, which accounts for cash and cash equivalents, is $7.34B. In terms of overall financial obligations, Lithia Motors's total liabilities amount to $16.45B.
Debt Ratios and Metrics
To better understand Lithia Motors's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.16 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 33.48% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 2.15 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 28.46% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 53.78% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Lithia Motors's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$7.74B
Long-term Debt
$2.65B
Short-term Debt
$5.10B
Net Debt
$7.34B
Total Liabilities
$16.45B
Interest Coverage
2.15
Debt to Equity Ratio
1.16
Debt Ratio
33.48%
Lithia Motors Historical Debt Metrics
Lithia Motors Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $7.74B | $2.65B | $5.10B | $7.34B | $16.45B | 1.16 | 33.48% | 2.15 | 28.46% | 53.78% |
| 2023 | $11.33B | $7.58B | $3.75B | $10.39B | $13.35B | 1.82 | 57.70% | 4.81 | 53.20% | 64.58% |
| 2022 | $7.99B | $5.80B | $2.14B | $7.75B | $9.76B | 1.54 | 53.27% | 8.82 | 51.17% | 60.56% |
| 2021 | $4.96B | $3.51B | $1.40B | $4.79B | $6.48B | 1.07 | 44.51% | 13.23 | 40.49% | 51.75% |
| 2020 | $4.17B | $2.08B | $1.80B | $4.01B | $5.24B | 1.57 | 52.83% | 6.58 | 40.75% | 61.07% |
| 2019 | $3.78B | $1.64B | $2.11B | $3.69B | $4.62B | 2.57 | 62.07% | 3.71 | 48.84% | 72.01% |
| 2018 | $3.44B | $1.39B | $2.08B | $3.41B | $4.19B | 2.87 | 63.93% | 3.78 | 53.15% | 74.19% |
| 2017 | $2.97B | $1.03B | $1.94B | $2.91B | $3.60B | 2.74 | 63.34% | 5.52 | 48.70% | 73.25% |
| 2016 | $2.39B | $769.92M | $1.62B | $2.34B | $2.93B | 2.63 | 62.23% | 6.93 | 45.81% | 72.43% |
| 2015 | $1.96B | $604.68M | $1.35B | $1.91B | $2.40B | 2.36 | 60.64% | 7.76 | 42.20% | 70.27% |
Related Metrics
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