Lithia Motors Inc (LAD)
262.71
+4.98
(+1.93%)
USD |
NYSE |
Apr 26, 16:00
262.71
0.00 (0.00%)
After-Hours: 20:00
Lithia Motors Debt to Equity Ratio: 1.754 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.754 |
| September 30, 2023 | 1.632 |
| June 30, 2023 | 1.651 |
| March 31, 2023 | 1.580 |
| December 31, 2022 | 1.469 |
| September 30, 2022 | 1.404 |
| June 30, 2022 | 1.346 |
| March 31, 2022 | 1.034 |
| December 31, 2021 | 0.9942 |
| September 30, 2021 | 0.839 |
| June 30, 2021 | 1.008 |
| March 31, 2021 | 1.427 |
| December 31, 2020 | 1.476 |
| September 30, 2020 | 2.041 |
| June 30, 2020 | 1.876 |
| March 31, 2020 | 2.418 |
| December 31, 2019 | 2.410 |
| September 30, 2019 | 2.440 |
| June 30, 2019 | 2.725 |
| March 31, 2019 | 2.756 |
| December 31, 2018 | 2.875 |
| September 30, 2018 | 2.719 |
| June 30, 2018 | 2.875 |
| March 31, 2018 | 2.953 |
| December 31, 2017 | 2.739 |
| Date | Value |
|---|---|
| September 30, 2017 | 2.639 |
| June 30, 2017 | 2.463 |
| March 31, 2017 | 2.404 |
| December 31, 2016 | 2.627 |
| September 30, 2016 | 2.517 |
| June 30, 2016 | 2.481 |
| March 31, 2016 | 2.433 |
| December 31, 2015 | 2.363 |
| September 30, 2015 | 2.342 |
| June 30, 2015 | 2.462 |
| March 31, 2015 | 2.568 |
| December 31, 2014 | 2.703 |
| September 30, 2014 | 1.622 |
| June 30, 2014 | 1.851 |
| March 31, 2014 | 1.871 |
| December 31, 2013 | 1.807 |
| September 30, 2013 | 1.604 |
| June 30, 2013 | 1.865 |
| March 31, 2013 | 1.816 |
| December 31, 2012 | 2.048 |
| September 30, 2012 | 1.888 |
| June 30, 2012 | 1.892 |
| March 31, 2012 | 1.726 |
| December 31, 2011 | 1.718 |
| September 30, 2011 | 1.785 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.839
Minimum
Sep 2021
2.725
Maximum
Jun 2019
1.659
Average
1.580
Median
Mar 2023
Debt to Equity Ratio Benchmarks
| Penske Automotive Group Inc | 1.143 |
| America's Car-Mart Inc | 1.577 |
| Asbury Automotive Group Inc | 1.612 |
| AutoNation Inc | 3.469 |
| Sonic Automotive Inc | 3.755 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 19.63B |
| Total Liabilities (Quarterly) | 13.35B |
| Shareholders Equity (Quarterly) | 6.214B |
| Current Ratio | 1.410 |
| Net Debt Paydown Yield | -8.65% |