MercadoLibre Balance Sheet Health
Financial Health criteria checks 5/6
MercadoLibre has a total shareholder equity of $3.4B and total debt of $4.4B, which brings its debt-to-equity ratio to 128.6%. Its total assets and total liabilities are $19.1B and $15.7B respectively. MercadoLibre's EBIT is $2.3B making its interest coverage ratio -28.6. It has cash and short-term investments of $6.3B.
Key information
128.6%
Debt to equity ratio
US$4.36b
Debt
Interest coverage ratio | -28.6x |
Cash | US$6.25b |
Equity | US$3.39b |
Total liabilities | US$15.67b |
Total assets | US$19.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MELID's short term assets ($15.5B) exceed its short term liabilities ($12.3B).
Long Term Liabilities: MELID's short term assets ($15.5B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: MELID has more cash than its total debt.
Reducing Debt: MELID's debt to equity ratio has increased from 31.8% to 128.6% over the past 5 years.
Debt Coverage: MELID's debt is well covered by operating cash flow (132.8%).
Interest Coverage: MELID earns more interest than it pays, so coverage of interest payments is not a concern.