InterContinental Hotels Group Balance Sheet Health
Financial Health criteria checks 2/6
InterContinental Hotels Group has a total shareholder equity of $-2.2B and total debt of $3.2B, which brings its debt-to-equity ratio to -145.3%. Its total assets and total liabilities are $4.6B and $6.8B respectively. InterContinental Hotels Group's EBIT is $986.0M making its interest coverage ratio 11.1. It has cash and short-term investments of $858.0M.
Key information
-145.3%
Debt to equity ratio
US$3.20b
Debt
| Interest coverage ratio | 11.1x |
| Cash | US$858.00m |
| Equity | -US$2.20b |
| Total liabilities | US$6.78b |
| Total assets | US$4.58b |
Recent financial health updates
No updates
Recent updates
InterContinental Hotels Group: Remain Confident On Growth Recovery And Capital Return Momentum
Oct 29InterContinental Hotels Group: Widening Competitive Moat At A Lower Valuation
Aug 14InterContinental Hotels Group: EMEAA Performance Encouraging, But RevPAR Showing Signs Of Plateauing
May 14InterContinental Hotels Group's Share Price Leaves No Room For Error
Apr 26InterContinental Hotels: Low-Teens EPS Growth CAGR Is Possible
Mar 08InterContinental Hotels Group Is Fairly Valued With No Catalysts On The Upside Or Downside
Feb 23InterContinental Hotels Group: Holiday Inn Express Brand Performance Remains Impressive
Nov 16InterContinental Hotels: Industry Setup Favorable; Credit Card Strategy Gaining Traction
Sep 14InterContinental Hotels Group: Strong Revenue Growth And Attractive Price/RevPAR Ratio
Aug 15InterContinental Hotels FY 2022 Earnings Preview
Feb 20InterContinental Hotels: Rising RevPAR Shows Strong Customer Demand Despite Inflation
Jan 11InterContinental Hotels Maintains A Solid Positioning With A Reasonable Stock Price
Dec 28InterContinental Hotels Group: Optimistic, But Upcoming Quarters Will Be Telling
Nov 11InterContinental Hotels Looking Cheap Despite An Uncertain Macro Environment
Oct 29InterContinental Hotels Group: Strong Growth With A Bargain Price
Sep 19InterContinental Hotels goes ex-dividend tomorrow
Aug 31InterContinental Hotels Group: Recent Results Encouraging
Aug 23InterContinental Hotels GAAP EPS of $11.74, revenue of $1.79B beats by $780M
Aug 09InterContinental Hotels Group: A Rebound In Upside Could Be Ahead
Jul 27InterContinental Hotels: Inflation And Potential Underperformance In China Could Cause Headwinds
May 13InterContinental Hotels Group - Moving On From COVID
Mar 11InterContinental Hotels: Business Recovery Is Gathering Pace, But Work Still To Be Done
Jan 11InterContinental Hotels Group: Future Growth Increasingly Dependent On The Chinese Market
Oct 20InterContinental Hotels Group: Demand Rebounding, But Stock Still Seems Overpriced
Aug 08InterContinental Hotels: The Future Is In Sight
Dec 16Financial Position Analysis
Short Term Liabilities: IHG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IHG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IHG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IHG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IHG's debt is well covered by operating cash flow (23.1%).
Interest Coverage: IHG's interest payments on its debt are well covered by EBIT (11.1x coverage).