Group 1 Automotive''s Debt Overview
Over the past three months, shares of Group 1 Automotive (NYSE: GPI ) moved lower by 2.41%. Before having a look at the importance of debt, let us look at how much debt Group 1 Automotive has. Group 1 Automotive''s Debt According to the Group 1 Automotive''s most recent balance sheet as reported on May 6, 2021, total debt is at $2.29 billion, with $1.28 billion in long-term debt and $1.01 billion in current debt. Adjusting for $82.90 million in cash-equivalents, the company has a net debt of $2.21 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within Full story available on Benzinga.com
Group 1 Automotive''s Debt Overview
Over the past three months, shares of Group 1 Automotive (NYSE: GPI ) moved lower by 2.41%. Before having a look at the importance of debt, let us look at how much debt Group 1 Automotive has. Group 1 Automotive''s Debt According to the Group 1 Automotive''s most recent balance sheet as reported on May 6, 2021, total debt is at $2.29 billion, with $1.28 billion in long-term debt and $1.01 billion in current debt. Adjusting for $82.90 million in cash-equivalents, the company has a net debt of $2.21 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within Full story available on Benzinga.com