LKQ Corp. - S&P Global Ratings’ Credit Research

LKQ Corp.

LKQ Corp. - S&P Global Ratings’ Credit Research
LKQ Corp.
Published Sep 30, 2008
2284 words — Published Sep 30, 2008
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Good market position Recession-resistant market Free cash flow Narrow business scope and scale Fragmented and competitive industry Aggressive leverage Below-average cash flow protection The ratings on Chicago-based LKQ Corp. reflect the company's weak business risk profile and its aggressive financial risk profile. LKQ is the nation's largest provider of recycled automotive original equipment manufacturer (OEM) products and related services, with sales and distribution facilities that reach most major markets in the U.S. LKQ is also the largest nationwide provider of aftermarket collision replacement products and refurbished bumper covers and wheels. LKQ had total balance sheet debt of $647 million as of June 30, 2008. LKQ's addressable market is large; the total collision replacement parts market, including sales by the auto

  
Brief Excerpt:

RESEARCH LKQ Corp. Publication date: 30-Sep-2008 Primary Credit Analyst: Nancy C Messer, CFA, New York (1) 212-438-7672; nancy_messer@standardandpoors.com ( Editor's Note: This report, published on Sept. 29, 2008, is being republished...

  
Report Type:

Full Report

Ticker
LKQX
Issuer
LKQ Corp.
GICS
Distributors (25501010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
HTML HTML
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Summary: LKQ Corp. – 2009/03/30 – US$ 225.00

Summary: LKQ Corp. – 2009/07/13 – US$ 225.00

Summary: LKQ Corp. – 2009/09/11 – US$ 225.00

LKQ Corp. – 2009/09/16 – US$ 500.00

Summary: LKQ Corp. – 2008/09/30 – US$ 225.00

Summary: LKQ Corp. – 2008/03/25 – US$ 225.00

LKQ Corp. – 2007/10/05 – US$ 500.00

Summary: LKQ Corp. – 2007/10/05 – US$ 225.00

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "LKQ Corp." Sep 30, 2008. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/LKQ-Corp-674243>
  
APA:
S&P Global Ratings’ Credit Research. (). LKQ Corp. Sep 30, 2008. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/LKQ-Corp-674243>
  
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