Minor Hotels Europe & Americas Balance Sheet Health
Financial Health criteria checks 2/6
Minor Hotels Europe & Americas has a total shareholder equity of €1.0B and total debt of €2.4B, which brings its debt-to-equity ratio to 241.8%. Its total assets and total liabilities are €4.2B and €3.2B respectively. Minor Hotels Europe & Americas's EBIT is €337.8M making its interest coverage ratio 3.2. It has cash and short-term investments of €216.0M.
Key information
241.8%
Debt to equity ratio
€2.44b
Debt
| Interest coverage ratio | 3.2x |
| Cash | €215.99m |
| Equity | €1.01b |
| Total liabilities | €3.19b |
| Total assets | €4.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHHE.F's short term assets (€451.0M) do not cover its short term liabilities (€789.8M).
Long Term Liabilities: NHHE.F's short term assets (€451.0M) do not cover its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: NHHE.F's net debt to equity ratio (220.4%) is considered high.
Reducing Debt: NHHE.F's debt to equity ratio has increased from 35.5% to 241.8% over the past 5 years.
Debt Coverage: NHHE.F's debt is well covered by operating cash flow (24.2%).
Interest Coverage: NHHE.F's interest payments on its debt are well covered by EBIT (3.2x coverage).