Pernod Ricard Balance Sheet Health
Financial Health criteria checks 2/6
Pernod Ricard has a total shareholder equity of €17.2B and total debt of €12.5B, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are €38.7B and €21.5B respectively. Pernod Ricard's EBIT is €3.1B making its interest coverage ratio 9.1. It has cash and short-term investments of €1.6B.
Key information
72.8%
Debt to equity ratio
€12.54b
Debt
Interest coverage ratio | 9.1x |
Cash | €1.64b |
Equity | €17.21b |
Total liabilities | €21.53b |
Total assets | €38.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RI's short term assets (€13.0B) exceed its short term liabilities (€6.8B).
Long Term Liabilities: RI's short term assets (€13.0B) do not cover its long term liabilities (€14.7B).
Debt to Equity History and Analysis
Debt Level: RI's net debt to equity ratio (63.3%) is considered high.
Reducing Debt: RI's debt to equity ratio has increased from 51.7% to 72.8% over the past 5 years.
Debt Coverage: RI's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: RI's interest payments on its debt are well covered by EBIT (9.1x coverage).