Skip to content
OpenCapital
Get started

Lithia Motors LAD Provision for Credit Losses

Provision for Credit Losses at other companies

Genuine Parts logo
Genuine PartsGPC
$7.1M+21.3%
Ford Motor Company logo
Ford Motor CompanyF
$173M+7.5%
Ally Financial logo
Ally FinancialALLY
——
Copart logo
CopartCPRT
——

Segments

By segment

See full
Financing Operations$26.4M+3.5%

Other financials

Income statement

See full
Revenue$9.3B+1.0%
Gross profit$1.4B+0.8%
Operating income$335.8M-17.4%
Net income$100.4M-52.1%
EPS (diluted)$4.28-46.1%

Balance sheet

See full
Cash & equivalents$137.8M—
Total debt$651.8M+9.2%
Total equity$6.4B-5.5%
Total assets$25.7B+9.7%

Cash flow

See full
Operating cash flow-$108.4M-134%
CapEx$97.1M+41.3%
Free cash flow-$205.5M-181%

Valuation

See full
Market cap$6.72B-24.6%
P/E9.5×-1.1×
P/S0.2×-0.1×

Profitability

See full
Gross margin15.2%-0.1pp
Operating margin4%-0.4pp
Net margin1.9%-0.4pp
FCF margin-0.8%-0.3pp

Returns & leverage

See full
Return on equity10.8%-2.1pp
Debt / equity0.1×0.0×
Current ratio1×-0.2×

Questions, answered.

What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.