JDE Peet's Balance Sheet Health
Financial Health criteria checks 3/6
JDE Peet's has a total shareholder equity of €11.0B and total debt of €5.7B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are €23.3B and €12.4B respectively. JDE Peet's's EBIT is €1.0B making its interest coverage ratio 30.7. It has cash and short-term investments of €1.2B.
Key information
52.1%
Debt to equity ratio
€5.71b
Debt
| Interest coverage ratio | 30.7x |
| Cash | €1.21b |
| Equity | €10.96b |
| Total liabilities | €12.38b |
| Total assets | €23.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JDEP's short term assets (€3.6B) do not cover its short term liabilities (€5.9B).
Long Term Liabilities: JDEP's short term assets (€3.6B) do not cover its long term liabilities (€6.5B).
Debt to Equity History and Analysis
Debt Level: JDEP's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: JDEP's debt to equity ratio has reduced from 66.8% to 52.1% over the past 5 years.
Debt Coverage: JDEP's debt is well covered by operating cash flow (20.2%).
Interest Coverage: JDEP's interest payments on its debt are well covered by EBIT (30.7x coverage).