Park Hotels & Resorts Balance Sheet Health
Financial Health criteria checks 1/6
Park Hotels & Resorts has a total shareholder equity of $3.7B and total debt of $4.5B, which brings its debt-to-equity ratio to 119.9%. Its total assets and total liabilities are $9.1B and $5.3B respectively. Park Hotels & Resorts's EBIT is $336.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $378.0M.
Key information
119.9%
Debt to equity ratio
US$4.49b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$378.00m |
| Equity | US$3.74b |
| Total liabilities | US$5.34b |
| Total assets | US$9.09b |
Recent financial health updates
No updates
Recent updates
Park Hotels & Resorts: Well-Covered Dividend And Undervalued Shares
Jun 09Park Hotels & Resorts: Valuation Appears Stretched After Recent Outperformance
Apr 15Park Hotels & Resorts: Strong Growth Levers To Sustain Impressive Financial Performance
Dec 28Park Hotels & Resorts Gets Hold Rating After Profitability And Debt Headwinds
Oct 16Park Hotels & Resorts: San Francisco Headwinds Overshadowing Strong Recovery
Aug 04Park Hotels & Resorts FFO of $0.40 in-line, revenue of $665M beats by $12.68M
Feb 22Park Hotels: I'm Betting On A Rebound With This 7% Yield
Jan 31Why did Park Hotels & Resorts stock go down today? Lodging REITs buck market rally
Dec 21Park Hotels & Resorts declares $0.12 dividend from prior dividend of $1.00, $0.13 from gain on sale of assets
Dec 08Park Hotels & Resorts declares $0.01 dividend
Sep 09Park Hotels & Resorts: No Expansion Possible Due To Their Large Debt Problem
Sep 02Park Hotels & Resorts Q1 Earnings: The Recovery Is Coming Along Nicely
May 03Park Hotels & Resorts: Calm After The Storm
Mar 22Stay Away From The Park Hotels Value Trap
Dec 27A Fresh Look At A Travel Favorite: Park Hotels & Resorts
Oct 15Park Hotels & Resorts: Further Potential Upside Ahead
Sep 24Park Hotels & Resorts: Keep An Eye On This One
Jul 22Park Hotels & Resorts sees increasing hotel occupancy in May
Jun 08Park Hotels sells two hotels for $149M to further reduce debt
May 10Park Hotels & Resorts FFO beats by $0.04, beats on revenue
May 06Park Hotels & Resorts (NYSE:PK) Share Prices Have Dropped 33% In The Last Three Years
Feb 08
Financial Position Analysis
Short Term Liabilities: PK's short term assets ($1.4B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: PK's short term assets ($1.4B) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: PK's net debt to equity ratio (109.8%) is considered high.
Reducing Debt: PK's debt to equity ratio has increased from 52.8% to 119.9% over the past 5 years.
Debt Coverage: PK's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: PK's interest payments on its debt are not well covered by EBIT (1.5x coverage).