Lithia Motors
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Lithia Motors's balance sheet done over the years? Its assets were worth $19,632,500,000 last year, which is more than in the previous period. 68% of Lithia Motors’s total assets is currently financed by debt. Its liabilities reached the amount of $13,349,600,000, which means an increase by 37% compared compared to last year.
Debt to Assets
| 2014 | 2880932000 | 2.20B | 76.64% |
|---|---|---|---|
| 2015 | 3227299000 | 2.39B | 74.34% |
| 2016 | 3844150000 | 2.93B | 76.31% |
| 2017 | 4683066000 | 3.59B | 76.87% |
| 2018 | 5384000000 | 4.18B | 77.76% |
| 2019 | 6083900000 | 4.61B | 75.88% |
| 2020 | 7902100000 | 5.24B | 66.32% |
| 2021 | 11146900000 | 6.48B | 58.17% |
| 2022 | 15006600000 | 9.75B | 65.01% |
| 2023 | 19632500000 | 13.34B | 68% |
LAD Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 941.4M | 246.7M | 174.8M | 160.2M | 84M | 31.6M | 57.25M | 50.28M | 45.00M | 29.89M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.12B | 813.1M | 910M | 614M | 505M | 529.4M | 521.93M | 417.71M | 308.46M | 295.37M |
Inventory | 4.75B | 3.40B | 2.38B | 2.49B | 2.43B | 2.36B | 2.13B | 1.77B | 1.47B | 1.24B |
Other current assets | 136.8M | 161.7M | 63M | 70.5M | 47.8M | 65.1M | 70.84M | 46.61M | 54.02M | 40.57M |
Total current assets | 6.95B | 4.63B | 3.53B | 3.33B | 3.07B | 2.99B | 2.78B | 2.28B | 1.87B | 1.61B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 4.46B | 3.57B | 3.05B | 2.19B | 1.61B | 1.44B | 1.18B | 1.00B | 876.66M | 816.74M |
Goodwill | 1.93B | 1.46B | 977.3M | 593M | 454.6M | 434.9M | 256.32M | 259.39M | 213.22M | 199.37M |
Intangible assets | 2.40B | 1.85B | 799.1M | 350.2M | 306.7M | 288.7M | 186.97M | 184.26M | 157.69M | 150.89M |
Long term investments | 0 | 2.21B | -191M | -146.3M | -131.1M | -91.2M | -56.27M | -59.07M | -53.12M | -2.60M |
Other non-current assets | 3.88B | 989.1M | 2.78B | 1.42B | 640.4M | 221M | 271.81M | 107.15M | 100.85M | 98.41M |
Total non-current assets | 12.67B | 10.37B | 7.61B | 4.56B | 3.01B | 2.39B | 1.90B | 1.55B | 1.34B | 1.26B |
Total assets | 19.63B | 15.00B | 11.14B | 7.90B | 6.08B | 5.38B | 4.68B | 3.84B | 3.22B | 2.88B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 44.6M | -235.4M | -158.2M | -125.3M | 121.7M | 103.11M | 81.92M | 66.73M | 54.40M |
Short term debt | 3.74B | 2.11B | 1.19B | 1.79B | 2.06B | 2.05B | 1.93B | 1.62B | 1.35B | 1.21B |
Total current liabilities | 4.93B | 3.17B | 2.40B | 2.47B | 2.56B | 2.49B | 2.30B | 1.92B | 1.59B | 1.44B |
| Non-current liabilities: | ||||||||||
Long term debt | 7.58B | 5.51B | 3.18B | 2.06B | 1.43B | 1.35B | 1.02B | 769.91M | 604.68M | 609.06M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 220.7M | 553.8M | 513M | 394.2M | 347.5M | 122.2M | 270.39M | 100.46M | 81.98M | 58.96M |
Total non-current liabilities | 8.41B | 6.57B | 4.08B | 2.76B | 2.04B | 1.69B | 1.29B | 1.01B | 808.31M | 765.22M |
Total liabilities | 13.34B | 9.75B | 6.48B | 5.24B | 4.61B | 4.18B | 3.59B | 2.93B | 2.39B | 2.20B |
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