Meliá Hotels International Balance Sheet Health
Financial Health criteria checks 1/6
Meliá Hotels International has a total shareholder equity of €908.1M and total debt of €1.1B, which brings its debt-to-equity ratio to 122.3%. Its total assets and total liabilities are €4.7B and €3.8B respectively. Meliá Hotels International's EBIT is €261.9M making its interest coverage ratio 2.6. It has cash and short-term investments of €243.8M.
Key information
122.3%
Debt to equity ratio
€1.11b
Debt
| Interest coverage ratio | 2.6x |
| Cash | €243.77m |
| Equity | €908.05m |
| Total liabilities | €3.77b |
| Total assets | €4.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEL's short term assets (€659.2M) do not cover its short term liabilities (€1.0B).
Long Term Liabilities: MEL's short term assets (€659.2M) do not cover its long term liabilities (€2.8B).
Debt to Equity History and Analysis
Debt Level: MEL's net debt to equity ratio (95.4%) is considered high.
Reducing Debt: MEL's debt to equity ratio has increased from 82.3% to 122.3% over the past 5 years.
Debt Coverage: MEL's debt is well covered by operating cash flow (38.4%).
Interest Coverage: MEL's interest payments on its debt are not well covered by EBIT (2.6x coverage).