What Does MercadoLibre's Debt Look Like?
Portfolio Pulse from Benzinga Insights
MercadoLibre Inc.'s (NASDAQ:MELI) shares fell by 2.75% over the past three months. The company's total debt stands at $4.83 billion, with long-term debt at $2.50 billion and current debt at $2.33 billion. After adjusting for $2.14 billion in cash-equivalents, the net debt is $2.69 billion. The company's debt-ratio is 0.34, indicating a moderate level of financial leverage.
July 05, 2023 | 5:47 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
MercadoLibre's shares have fallen and the company has a moderate level of debt. This could impact the company's financial stability and future growth prospects.
The decrease in MercadoLibre's share price and the company's moderate level of debt could potentially impact its financial stability and ability to invest in growth. High debt levels can increase the risk of default, especially if interest rates rise. This could negatively affect the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100