Las Vegas Sands Balance Sheet Health
Financial Health criteria checks 3/6
Las Vegas Sands has a total shareholder equity of $4.1B and total debt of $14.3B, which brings its debt-to-equity ratio to 348.4%. Its total assets and total liabilities are $21.8B and $17.7B respectively. Las Vegas Sands's EBIT is $2.7B making its interest coverage ratio 5.4. It has cash and short-term investments of $5.1B.
Key information
348.4%
Debt to equity ratio
US$14.30b
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$5.11b |
| Equity | US$4.10b |
| Total liabilities | US$17.67b |
| Total assets | US$21.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LVS's short term assets ($5.8B) exceed its short term liabilities ($4.4B).
Long Term Liabilities: LVS's short term assets ($5.8B) do not cover its long term liabilities ($13.3B).
Debt to Equity History and Analysis
Debt Level: LVS's net debt to equity ratio (224%) is considered high.
Reducing Debt: LVS's debt to equity ratio has increased from 186.1% to 348.4% over the past 5 years.
Debt Coverage: LVS's debt is well covered by operating cash flow (22.6%).
Interest Coverage: LVS's interest payments on its debt are well covered by EBIT (5.4x coverage).