Minor Hotels Europe & Americas Balance Sheet Health
Financial Health criteria checks 3/6
Minor Hotels Europe & Americas has a total shareholder equity of €1.0B and total debt of €483.0M, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are €4.2B and €3.2B respectively. Minor Hotels Europe & Americas's EBIT is €331.6M making its interest coverage ratio 3.1. It has cash and short-term investments of €216.0M.
Key information
47.8%
Debt to equity ratio
€482.98m
Debt
Interest coverage ratio | 3.1x |
Cash | €215.99m |
Equity | €1.01b |
Total liabilities | €3.19b |
Total assets | €4.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OHG's short term assets (€451.0M) do not cover its short term liabilities (€789.8M).
Long Term Liabilities: 0OHG's short term assets (€451.0M) do not cover its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: 0OHG's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 0OHG's debt to equity ratio has increased from 27.9% to 47.8% over the past 5 years.
Debt Coverage: 0OHG's debt is well covered by operating cash flow (122.4%).
Interest Coverage: 0OHG's interest payments on its debt are well covered by EBIT (3.1x coverage).