DiamondRock Hospitality Balance Sheet Health
Financial Health criteria checks 2/6
DiamondRock Hospitality has a total shareholder equity of $1.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 71.6%. Its total assets and total liabilities are $3.2B and $1.6B respectively. DiamondRock Hospitality's EBIT is $149.8M making its interest coverage ratio 2.4. It has cash and short-term investments of $121.6M.
Key information
71.6%
Debt to equity ratio
US$1.18b
Debt
Interest coverage ratio | 2.4x |
Cash | US$121.60m |
Equity | US$1.65b |
Total liabilities | US$1.59b |
Total assets | US$3.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HBO's short term assets ($311.9M) exceed its short term liabilities ($45.7M).
Long Term Liabilities: HBO's short term assets ($311.9M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: HBO's net debt to equity ratio (64.3%) is considered high.
Reducing Debt: HBO's debt to equity ratio has increased from 51.7% to 71.6% over the past 5 years.
Debt Coverage: HBO's debt is well covered by operating cash flow (20.1%).
Interest Coverage: HBO's interest payments on its debt are not well covered by EBIT (2.4x coverage).