Morgans Hotel Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Morgans Hotel Group's balance sheet done over the years? Its assets were worth $561,778,000 last year, which is more than in the previous period. 137% of Morgans Hotel Group’s total assets is currently financed by debt. Its liabilities reached the amount of $771,813,000, which means an decrease by -2% compared compared to last year.
Debt to Assets
| 2013 | 571207000 | 755.13M | 132.2% |
|---|---|---|---|
| 2014 | 551244000 | 784.25M | 142.27% |
| 2015 | 561778000 | 771.81M | 137.39% |
MHGC Balance Sheet (2013 – 2015)
| 2015 | 2014 | 2013 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 45.92M | 13.49M | 10.02M |
Short term investments | 0 | 0 | 0 |
Net receivables | 7.96M | 10.47M | 18.38M |
Inventory | 0 | 0 | 0 |
Other current assets | 0 | 0 | 0 |
Total current assets | 53.88M | 23.96M | 28.40M |
Non-current assets: | |||
Property, Plant and Equipment | 265.67M | 277.82M | 292.62M |
Goodwill | 54.05M | 54.05M | 66.57M |
Intangible assets | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 |
Other non-current assets | 59.51M | 118.19M | 104.83M |
Total non-current assets | 507.89M | 527.27M | 542.79M |
Total assets | 561.77M | 551.24M | 571.20M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | 0 | 0 |
Short term debt | 6.1M | 6.1M | 6.1M |
Total current liabilities | 39.69M | 38.62M | 48.53M |
| Non-current liabilities: | |||
Long term debt | 641.27M | 641.13M | 595.81M |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 730.22M | 679.71M | 626.03M |
Total non-current liabilities | 769.92M | 718.33M | 674.57M |
Total liabilities | 771.81M | 784.25M | 755.13M |
| Data source | Data source | Data source |