Accor Balance Sheet Health
Financial Health criteria checks 2/6
Accor has a total shareholder equity of €4.9B and total debt of €3.1B, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are €11.5B and €6.6B respectively. Accor's EBIT is €753.0M making its interest coverage ratio 10.8. It has cash and short-term investments of €922.0M.
Key information
63.5%
Debt to equity ratio
€3.10b
Debt
| Interest coverage ratio | 10.8x |
| Cash | €922.00m |
| Equity | €4.88b |
| Total liabilities | €6.61b |
| Total assets | €11.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AC's short term assets (€2.7B) do not cover its short term liabilities (€2.9B).
Long Term Liabilities: AC's short term assets (€2.7B) do not cover its long term liabilities (€3.8B).
Debt to Equity History and Analysis
Debt Level: AC's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: AC's debt to equity ratio has increased from 49.2% to 63.5% over the past 5 years.
Debt Coverage: AC's debt is well covered by operating cash flow (23.7%).
Interest Coverage: AC's interest payments on its debt are well covered by EBIT (10.8x coverage).