Vail Resorts Balance Sheet Health
Financial Health criteria checks 2/6
Vail Resorts has a total shareholder equity of $1.0B and total debt of $2.4B, which brings its debt-to-equity ratio to 227.3%. Its total assets and total liabilities are $5.7B and $4.7B respectively. Vail Resorts's EBIT is $542.7M making its interest coverage ratio 3.8. It has cash and short-term investments of $322.8M.
Key information
227.3%
Debt to equity ratio
US$2.36b
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$322.83m |
| Equity | US$1.04b |
| Total liabilities | US$4.66b |
| Total assets | US$5.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VAI's short term assets ($911.4M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: VAI's short term assets ($911.4M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: VAI's net debt to equity ratio (196.2%) is considered high.
Reducing Debt: VAI's debt to equity ratio has increased from 71.6% to 227.3% over the past 5 years.
Debt Coverage: VAI's debt is well covered by operating cash flow (24.9%).
Interest Coverage: VAI's interest payments on its debt are well covered by EBIT (3.8x coverage).