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 $4.6B, which brings its debt-to-equity ratio to 123.5%. Its total assets and total liabilities are $9.2B and $5.5B respectively. Park Hotels & Resorts's EBIT is $363.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $480.0M.
Key information
123.5%
Debt to equity ratio
US$4.58b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$480.00m |
| Equity | US$3.71b |
| Total liabilities | US$5.47b |
| Total assets | US$9.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KFU's short term assets ($1.5B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: 0KFU's short term assets ($1.5B) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: 0KFU's net debt to equity ratio (110.6%) is considered high.
Reducing Debt: 0KFU's debt to equity ratio has increased from 63.6% to 123.5% over the past 5 years.
Debt Coverage: 0KFU's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: 0KFU's interest payments on its debt are not well covered by EBIT (1.5x coverage).