Marriott Vacations Worldwide Balance Sheet Health
Financial Health criteria checks 2/6
Marriott Vacations Worldwide has a total shareholder equity of $2.4B and total debt of $5.0B, which brings its debt-to-equity ratio to 212.4%. Its total assets and total liabilities are $9.6B and $7.2B respectively. Marriott Vacations Worldwide's EBIT is $506.0M making its interest coverage ratio 3.2. It has cash and short-term investments of $206.0M.
Key information
212.4%
Debt to equity ratio
US$5.04b
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$206.00m |
| Equity | US$2.37b |
| Total liabilities | US$7.24b |
| Total assets | US$9.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VAC *'s short term assets ($3.8B) exceed its short term liabilities ($795.0M).
Long Term Liabilities: VAC *'s short term assets ($3.8B) do not cover its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: VAC *'s net debt to equity ratio (203.7%) is considered high.
Reducing Debt: VAC *'s debt to equity ratio has increased from 120.1% to 212.4% over the past 5 years.
Debt Coverage: VAC *'s debt is not well covered by operating cash flow (4.7%).
Interest Coverage: VAC *'s interest payments on its debt are well covered by EBIT (3.2x coverage).