MercadoLibre Balance Sheet Health
Financial Health criteria checks 6/6
MercadoLibre has a total shareholder equity of $3.1B and total debt of $4.4B, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are $17.6B and $14.6B respectively. MercadoLibre's EBIT is $2.2B making its interest coverage ratio -26.5. It has cash and short-term investments of $6.0B.
Key information
142.7%
Debt to equity ratio
US$4.38b
Debt
Interest coverage ratio | -26.5x |
Cash | US$6.04b |
Equity | US$3.07b |
Total liabilities | US$14.58b |
Total assets | US$17.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MELI N's short term assets ($14.3B) exceed its short term liabilities ($11.3B).
Long Term Liabilities: MELI N's short term assets ($14.3B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: MELI N has more cash than its total debt.
Reducing Debt: MELI N's debt to equity ratio has reduced from 216.2% to 142.7% over the past 5 years.
Debt Coverage: MELI N's debt is well covered by operating cash flow (117.3%).
Interest Coverage: MELI N earns more interest than it pays, so coverage of interest payments is not a concern.