Prudential Financial Balance Sheet Health
Financial Health criteria checks 3/6
Prudential Financial has a total shareholder equity of $29.4B and total debt of $34.6B, which brings its debt-to-equity ratio to 117.7%. Its total assets and total liabilities are $725.8B and $696.4B respectively. Prudential Financial's EBIT is $3.0B making its interest coverage ratio 33.8. It has cash and short-term investments of $35.0B.
Key information
117.7%
Debt to equity ratio
US$34.63b
Debt
Interest coverage ratio | 33.8x |
Cash | US$34.98b |
Equity | US$29.41b |
Total liabilities | US$696.41b |
Total assets | US$725.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P1DT34's short term assets ($39.3B) exceed its short term liabilities ($14.1B).
Long Term Liabilities: P1DT34's short term assets ($39.3B) do not cover its long term liabilities ($682.3B).
Debt to Equity History and Analysis
Debt Level: P1DT34 has more cash than its total debt.
Reducing Debt: P1DT34's debt to equity ratio has increased from 65% to 117.7% over the past 5 years.
Debt Coverage: P1DT34's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: P1DT34's interest payments on its debt are well covered by EBIT (33.8x coverage).