DiamondRock Hospitality Balance Sheet Health
Financial Health criteria checks 0/6
DiamondRock Hospitality has a total shareholder equity of $1.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are $3.2B and $1.6B respectively. DiamondRock Hospitality's EBIT is $152.4M making its interest coverage ratio 2.5. It has cash and short-term investments of $125.2M.
Key information
71.1%
Debt to equity ratio
US$1.17b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$125.22m |
| Equity | US$1.65b |
| Total liabilities | US$1.60b |
| Total assets | US$3.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRH.PRA's short term assets ($342.2M) do not cover its short term liabilities ($489.1M).
Long Term Liabilities: DRH.PRA's short term assets ($342.2M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: DRH.PRA's net debt to equity ratio (63.5%) is considered high.
Reducing Debt: DRH.PRA's debt to equity ratio has increased from 59% to 71.1% over the past 5 years.
Debt Coverage: DRH.PRA's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: DRH.PRA's interest payments on its debt are not well covered by EBIT (2.5x coverage).