Las Vegas Sands Balance Sheet Health
Financial Health criteria checks 3/6
Las Vegas Sands has a total shareholder equity of $3.9B and total debt of $13.7B, which brings its debt-to-equity ratio to 352.4%. Its total assets and total liabilities are $21.1B and $17.2B respectively. Las Vegas Sands's EBIT is $2.7B making its interest coverage ratio 5.9. It has cash and short-term investments of $4.7B.
Key information
352.4%
Debt to equity ratio
US$13.72b
Debt
| Interest coverage ratio | 5.9x |
| Cash | US$4.71b |
| Equity | US$3.89b |
| Total liabilities | US$17.22b |
| Total assets | US$21.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LVS's short term assets ($5.3B) exceed its short term liabilities ($3.4B).
Long Term Liabilities: LVS's short term assets ($5.3B) do not cover its long term liabilities ($13.9B).
Debt to Equity History and Analysis
Debt Level: LVS's net debt to equity ratio (231.4%) is considered high.
Reducing Debt: LVS's debt to equity ratio has increased from 182.3% to 352.4% over the past 5 years.
Debt Coverage: LVS's debt is well covered by operating cash flow (24.6%).
Interest Coverage: LVS's interest payments on its debt are well covered by EBIT (5.9x coverage).