Park Hotels & Resorts Balance Sheet Health
Financial Health criteria checks 1/6
Park Hotels & Resorts has a total shareholder equity of $3.7B and total debt of $4.5B, which brings its debt-to-equity ratio to 120%. Its total assets and total liabilities are $9.1B and $5.3B respectively. Park Hotels & Resorts's EBIT is $340.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $378.0M.
Key information
120.0%
Debt to equity ratio
US$4.49b
Debt
Interest coverage ratio | 1.5x |
Cash | US$378.00m |
Equity | US$3.74b |
Total liabilities | US$5.34b |
Total assets | US$9.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HIP's short term assets ($1.4B) exceed its short term liabilities ($329.0M).
Long Term Liabilities: HIP's short term assets ($1.4B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: HIP's net debt to equity ratio (109.9%) is considered high.
Reducing Debt: HIP's debt to equity ratio has increased from 52.8% to 120% over the past 5 years.
Debt Coverage: HIP's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: HIP's interest payments on its debt are not well covered by EBIT (1.5x coverage).