Accor Balance Sheet Health
Financial Health criteria checks 3/6
Accor has a total shareholder equity of €5.3B and total debt of €2.6B, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are €11.3B and €6.0B respectively. Accor's EBIT is €724.0M making its interest coverage ratio 10.5. It has cash and short-term investments of €1.3B.
Key information
49.4%
Debt to equity ratio
€2.62b
Debt
Interest coverage ratio | 10.5x |
Cash | €1.28b |
Equity | €5.31b |
Total liabilities | €5.96b |
Total assets | €11.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AC's short term assets (€2.8B) do not cover its short term liabilities (€2.8B).
Long Term Liabilities: AC's short term assets (€2.8B) do not cover its long term liabilities (€3.1B).
Debt to Equity History and Analysis
Debt Level: AC's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: AC's debt to equity ratio has increased from 45.9% to 49.4% over the past 5 years.
Debt Coverage: AC's debt is well covered by operating cash flow (25.5%).
Interest Coverage: AC's interest payments on its debt are well covered by EBIT (10.5x coverage).