O’Reilly Automotive Inc (ORLY)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 54.89 | — | 82.68 | 17.63 | 19.91 | 102.06 |
O'Reilly Automotive Inc has consistently maintained a debt-to-assets ratio of 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company does not rely on debt to finance its assets, which can be viewed positively from a solvency standpoint.
The debt-to-capital ratio, debt-to-equity ratio, and financial leverage ratio have been inconsistently reported in the provided data, with many entries marked as "—", suggesting missing or undisclosed information. However, it is worth noting that the financial leverage ratio, when available, shows significant fluctuations between the reported periods.
Based on the available data, the solvency ratios of O'Reilly Automotive Inc indicate a low reliance on debt for financing its operations, which is generally a positive indicator of the company's financial stability and ability to weather economic downturns. However, the inconsistent reporting and missing values for certain ratios call for further analysis and scrutiny to assess the company's overall solvency position accurately.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 10.77 | 10.63 | 10.79 | 15.07 | 15.83 | 16.80 | 17.04 | 17.93 | 18.73 | 19.66 | 20.46 | 20.43 | 20.22 | 18.78 | 17.78 | 16.97 | 15.07 | 14.77 | 14.08 | 13.10 |
Based on the provided data for O'Reilly Automotive Inc's interest coverage ratio over the period from March 31, 2020, to December 31, 2024, the trend indicates a generally positive upward trajectory followed by a slight decline towards the end of the period.
The interest coverage ratio reflects the company's ability to meet its interest obligations with its earnings before interest and taxes (EBIT). A higher interest coverage ratio is typically seen as a positive indicator, indicating that the company can comfortably cover its interest expenses.
Starting at 13.10 on March 31, 2020, the interest coverage ratio improved steadily, reaching a peak of 20.46 on June 30, 2022. This suggests the company's earnings were more than sufficient to cover its interest expenses during this period.
However, from September 30, 2022, the interest coverage ratio started to decline gradually, dropping to 10.63 by December 31, 2024. Although still above 1, indicating the company's ability to meet its interest obligations, the decreasing trend may signify a potential decrease in the company's ability to cover interest expenses with its earnings.
Overall, the interest coverage ratio for O'Reilly Automotive Inc demonstrates a period of strong and improving financial health, followed by a more recent decline, warranting further investigation to understand the underlying factors contributing to this change.