InterContinental Hotels Group Balance Sheet Health
Financial Health criteria checks 2/6
InterContinental Hotels Group has a total shareholder equity of $-1.9B and total debt of $3.2B, which brings its debt-to-equity ratio to -164%. Its total assets and total liabilities are $4.8B and $6.8B respectively. InterContinental Hotels Group's EBIT is $1.0B making its interest coverage ratio 13.7. It has cash and short-term investments of $1.3B.
Key information
-164.0%
Debt to equity ratio
US$3.19b
Debt
| Interest coverage ratio | 13.7x |
| Cash | US$1.33b |
| Equity | -US$1.95b |
| Total liabilities | US$6.76b |
| Total assets | US$4.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I1HG34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: I1HG34 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: I1HG34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: I1HG34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: I1HG34's debt is well covered by operating cash flow (28%).
Interest Coverage: I1HG34's interest payments on its debt are well covered by EBIT (13.7x coverage).