MercadoLibre Balance Sheet Health
Financial Health criteria checks 5/6
MercadoLibre has a total shareholder equity of $4.0B and total debt of $5.3B, which brings its debt-to-equity ratio to 131.6%. Its total assets and total liabilities are $22.6B and $18.6B respectively. MercadoLibre's EBIT is $2.1B making its interest coverage ratio -18.7. It has cash and short-term investments of $6.7B.
Key information
131.6%
Debt to equity ratio
US$5.27b
Debt
| Interest coverage ratio | -18.7x |
| Cash | US$6.67b |
| Equity | US$4.00b |
| Total liabilities | US$18.62b |
| Total assets | US$22.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MELI34's short term assets ($17.8B) exceed its short term liabilities ($14.3B).
Long Term Liabilities: MELI34's short term assets ($17.8B) exceed its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: MELI34 has more cash than its total debt.
Reducing Debt: MELI34's debt to equity ratio has increased from 33.8% to 131.6% over the past 5 years.
Debt Coverage: MELI34's debt is well covered by operating cash flow (131.4%).
Interest Coverage: MELI34 earns more interest than it pays, so coverage of interest payments is not a concern.