United Parks & Resorts Balance Sheet Health
Financial Health criteria checks 2/6
United Parks & Resorts has a total shareholder equity of $-455.9M and total debt of $2.3B, which brings its debt-to-equity ratio to -493.7%. Its total assets and total liabilities are $2.6B and $3.0B respectively. United Parks & Resorts's EBIT is $514.0M making its interest coverage ratio 3.3. It has cash and short-term investments of $76.8M.
Key information
-493.7%
Debt to equity ratio
US$2.25b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$76.84m |
| Equity | -US$455.86m |
| Total liabilities | US$3.04b |
| Total assets | US$2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W2L has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: W2L has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: W2L has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: W2L's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: W2L's debt is well covered by operating cash flow (21.1%).
Interest Coverage: W2L's interest payments on its debt are well covered by EBIT (3.3x coverage).