What Does MercadoLibre's Debt Look Like?
Portfolio Pulse from Benzinga Insights
MercadoLibre Inc. (NASDAQ:MELI) has seen its shares rise by 19.45% in the past three months. The company's total debt stands at $4.76 billion, with net debt at $2.85 billion after adjusting for $1.91 billion in cash-equivalents. MercadoLibre's debt-ratio is 0.35, indicating a moderate level of financial leverage.
May 18, 2023 | 4:31 pm
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MercadoLibre's shares have risen 19.45% in the past three months, with a total debt of $4.76 billion and a debt-ratio of 0.35, indicating moderate financial leverage.
MercadoLibre's debt-ratio of 0.35 indicates a moderate level of financial leverage, which may not have a significant short-term impact on the stock price. The company's shares have already risen by 19.45% in the past three months, and the current debt levels are not alarming. However, investors should keep an eye on the company's debt management and its potential impact on future growth.
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