Minor Hotels Europe & Americas Balance Sheet Health
Financial Health criteria checks 3/6
Minor Hotels Europe & Americas has a total shareholder equity of €1.1B and total debt of €473.3M, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are €4.3B and €3.2B respectively. Minor Hotels Europe & Americas's EBIT is €354.2M making its interest coverage ratio 3.3. It has cash and short-term investments of €228.8M.
Key information
44.2%
Debt to equity ratio
€473.33m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €228.75m |
| Equity | €1.07b |
| Total liabilities | €3.19b |
| Total assets | €4.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NH5's short term assets (€514.0M) do not cover its short term liabilities (€800.5M).
Long Term Liabilities: NH5's short term assets (€514.0M) do not cover its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: NH5's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: NH5's debt to equity ratio has increased from 35.1% to 44.2% over the past 5 years.
Debt Coverage: NH5's debt is well covered by operating cash flow (117.5%).
Interest Coverage: NH5's interest payments on its debt are well covered by EBIT (3.3x coverage).