Park Hotels & Resorts Balance Sheet Health
Financial Health criteria checks 1/6
Park Hotels & Resorts has a total shareholder equity of $3.8B and total debt of $4.5B, which brings its debt-to-equity ratio to 119.1%. Its total assets and total liabilities are $9.4B and $5.7B respectively. Park Hotels & Resorts's EBIT is $322.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $717.0M.
Key information
119.1%
Debt to equity ratio
US$4.49b
Debt
Interest coverage ratio | 1.5x |
Cash | US$717.00m |
Equity | US$3.77b |
Total liabilities | US$5.65b |
Total assets | US$9.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KFU's short term assets ($1.7B) exceed its short term liabilities ($714.0M).
Long Term Liabilities: 0KFU's short term assets ($1.7B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: 0KFU's net debt to equity ratio (100.1%) is considered high.
Reducing Debt: 0KFU's debt to equity ratio has increased from 52.8% to 119.1% over the past 5 years.
Debt Coverage: 0KFU's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 0KFU's interest payments on its debt are not well covered by EBIT (1.5x coverage).