ABG (Asbury Automotive Group) Cash-to-Debt : 0.01 (As of Dec. 2024)

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What is Asbury Automotive Group Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Asbury Automotive Group's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Asbury Automotive Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Asbury Automotive Group's Cash-to-Debt or its related term are showing as below:

ABG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.07
Current: 0.01

During the past 13 years, Asbury Automotive Group's highest Cash to Debt Ratio was 0.07. The lowest was 0.00. And the median was 0.00.

ABG's Cash-to-Debt is ranked worse than
98.15% of 1299 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs ABG: 0.01

Asbury Automotive Group Cash-to-Debt Historical Data

The historical data trend for Asbury Automotive Group's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Asbury Automotive Group Cash-to-Debt Chart

Asbury Automotive Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.04

0.07

0.01

Asbury Automotive Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Asbury Automotive Group's Cash-to-Debt

For the Auto & Truck Dealerships subindustry, Asbury Automotive Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Asbury Automotive Group's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asbury Automotive Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Asbury Automotive Group's Cash-to-Debt falls into.

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Asbury Automotive Group Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Asbury Automotive Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	69.4	/	(2055.6	+	3223.9)
	=	0.01

Asbury Automotive Group's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	69.4	/	(2055.6	+	3223.9)
	=	0.01

Asbury Automotive Group (NYSE:ABG) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Asbury Automotive Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Asbury Automotive Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Asbury Automotive Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Asbury Automotive Group Inc (NYSE:ABG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AWG:Germany

Address

2905 Premiere Parkway, NW, Suite 300, Duluth, GA, USA, 30097

Website

https://www.asburyauto.com

Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 152 new-vehicle stores and 37 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, the Mid-Atlantic, and the Southeast). Asbury store brands include McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and the Larry H. Miller brand in the Western US. Asbury generated $17.2 billion of revenue in 2024 and is based in the Atlanta area. The firm targets at least $30 billion of revenue sometime around 2030.

Executives

Daniel Clara	officer: SVP, Operations	C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Nathan Edward Briesemeister	officer: VP, Controller & CAO	C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, SUITE 300, DULUTH GA 30097
David W Hult	officer: EVP & COO	800 GESSNER, SUITE 500, HOUSTON TX 77024
Jed Milstein	officer: VP & CHRO	2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Miran Maric	officer: SVP, Strategy & Innovation	C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, SUITE 300, DULUTH GA 30097
Philip F Maritz	director	C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
George A Villasana	officer: VP & General Counsel	2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Bridget Ryan Berman	director	161 FALCON ROAD, GUILFORD CT 06437
Terry Hilliard C. Iii	director	ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Michael Welch	officer: SVP & CFO	C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, SUITE 300, DULUTH GA 30097
David C Abrams	10 percent owner	222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital Partners Ii, L.p.	10 percent owner	222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital, Llc	10 percent owner	222 BERKELEY ST., 21ST FLOOR, BOSTON MA 02116
Abrams Capital Management, L.p.	10 percent owner	222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital Management, Llc	10 percent owner	222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116