Marriott Vacations Worldwide Balance Sheet Health
Financial Health criteria checks 2/6
Marriott Vacations Worldwide has a total shareholder equity of $2.4B and total debt of $5.0B, which brings its debt-to-equity ratio to 208.1%. Its total assets and total liabilities are $9.7B and $7.3B respectively. Marriott Vacations Worldwide's EBIT is $587.0M making its interest coverage ratio 4. It has cash and short-term investments of $248.0M.
Key information
208.1%
Debt to equity ratio
US$4.96b
Debt
Interest coverage ratio | 4x |
Cash | US$248.00m |
Equity | US$2.38b |
Total liabilities | US$7.30b |
Total assets | US$9.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M8V's short term assets ($3.9B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: M8V's short term assets ($3.9B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: M8V's net debt to equity ratio (197.6%) is considered high.
Reducing Debt: M8V's debt to equity ratio has increased from 109.8% to 208.1% over the past 5 years.
Debt Coverage: M8V's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: M8V's interest payments on its debt are well covered by EBIT (4x coverage).