Porsche Automobil Holding Balance Sheet Health
Financial Health criteria checks 3/6
Porsche Automobil Holding has a total shareholder equity of €57.3B and total debt of €7.8B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are €65.4B and €8.0B respectively. Porsche Automobil Holding's EBIT is €184.0M making its interest coverage ratio 0.8. It has cash and short-term investments of €2.8B.
Key information
13.5%
Debt to equity ratio
€7.76b
Debt
| Interest coverage ratio | 0.8x |
| Cash | €2.77b |
| Equity | €57.34b |
| Total liabilities | €8.04b |
| Total assets | €65.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAH3's short term assets (€2.8B) exceed its short term liabilities (€179.0M).
Long Term Liabilities: PAH3's short term assets (€2.8B) do not cover its long term liabilities (€7.9B).
Debt to Equity History and Analysis
Debt Level: PAH3's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: PAH3's debt to equity ratio has increased from 0.1% to 13.5% over the past 5 years.
Debt Coverage: PAH3's debt is well covered by operating cash flow (26.8%).
Interest Coverage: PAH3's interest payments on its debt are not well covered by EBIT (0.8x coverage).