Despegar.com Balance Sheet Health
Financial Health criteria checks 4/6
Despegar.com has a total shareholder equity of $54.0M and total debt of $30.4M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are $886.1M and $832.0M respectively. Despegar.com's EBIT is $94.1M making its interest coverage ratio -10.7. It has cash and short-term investments of $181.5M.
Key information
56.2%
Debt to equity ratio
US$30.39m
Debt
Interest coverage ratio | -10.7x |
Cash | US$181.50m |
Equity | US$54.03m |
Total liabilities | US$832.03m |
Total assets | US$886.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DESPD's short term assets ($526.5M) do not cover its short term liabilities ($657.8M).
Long Term Liabilities: DESPD's short term assets ($526.5M) exceed its long term liabilities ($174.3M).
Debt to Equity History and Analysis
Debt Level: DESPD has more cash than its total debt.
Reducing Debt: DESPD's debt to equity ratio has increased from 3.3% to 56.2% over the past 5 years.
Debt Coverage: DESPD's debt is well covered by operating cash flow (312.6%).
Interest Coverage: DESPD earns more interest than it pays, so coverage of interest payments is not a concern.