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
Financial Position Analysis
Short Term Liabilities: ICHG.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ICHG.F 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: ICHG.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ICHG.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ICHG.F's debt is well covered by operating cash flow (23.1%).
Interest Coverage: ICHG.F's interest payments on its debt are well covered by EBIT (11.1x coverage).