Vail Resorts Balance Sheet Health
Financial Health criteria checks 2/6
Vail Resorts has a total shareholder equity of $1.2B and total debt of $2.4B, which brings its debt-to-equity ratio to 210.7%. Its total assets and total liabilities are $5.8B and $4.7B respectively. Vail Resorts's EBIT is $542.2M making its interest coverage ratio 3.9. It has cash and short-term investments of $821.3M.
Key information
210.7%
Debt to equity ratio
US$2.42b
Debt
Interest coverage ratio | 3.9x |
Cash | US$821.28m |
Equity | US$1.15b |
Total liabilities | US$4.70b |
Total assets | US$5.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VAI's short term assets ($1.2B) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: VAI's short term assets ($1.2B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: VAI's net debt to equity ratio (139.3%) is considered high.
Reducing Debt: VAI's debt to equity ratio has increased from 62.8% to 210.7% over the past 5 years.
Debt Coverage: VAI's debt is well covered by operating cash flow (25%).
Interest Coverage: VAI's interest payments on its debt are well covered by EBIT (3.9x coverage).