Philip Morris International Balance Sheet Health
Financial Health criteria checks 1/6
Philip Morris International has a total shareholder equity of $-8.6B and total debt of $50.4B, which brings its debt-to-equity ratio to -588.4%. Its total assets and total liabilities are $65.3B and $73.9B respectively. Philip Morris International's EBIT is $13.0B making its interest coverage ratio 11.5. It has cash and short-term investments of $4.0B.
Key information
-588.4%
Debt to equity ratio
US$50.39b
Debt
Interest coverage ratio | 11.5x |
Cash | US$3.97b |
Equity | -US$8.56b |
Total liabilities | US$73.88b |
Total assets | US$65.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMOR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PMOR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PMOR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PMOR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PMOR's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: PMOR's interest payments on its debt are well covered by EBIT (11.5x coverage).