A Look Into Marriott Intl's Debt
Portfolio Pulse from Benzinga Insights
Marriott Intl Inc. (NASDAQ:MAR) has seen its shares rise by 11.71% over the past three months. The company's total debt stands at $10.66 billion, with $10.30 billion in long-term debt and $358.00 million in current debt. After adjusting for $554.00 million in cash-equivalents, the net debt is $10.10 billion. The company's debt-ratio is 0.43, indicating a moderate level of financial leverage.
July 05, 2023 | 4:17 pm
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Marriott's shares have risen by 11.71% in the past three months. The company's total debt is $10.66 billion, with a net debt of $10.10 billion. The debt-ratio of 0.43 indicates a moderate level of financial leverage.
Marriott's debt level is a key factor to consider for its financial health. While the company's shares have risen in the past three months, the debt-ratio of 0.43 indicates a moderate level of financial leverage. This could potentially impact the company's ability to service its debt, especially if interest rates were to increase. However, the company's debt level is not excessively high, which may explain the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100