Porsche Automobil Holding Balance Sheet Health
Financial Health criteria checks 3/6
Porsche Automobil Holding has a total shareholder equity of €56.8B and total debt of €6.7B, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are €63.8B and €7.0B respectively. Porsche Automobil Holding's EBIT is €183.0M making its interest coverage ratio 0.7. It has cash and short-term investments of €889.0M.
Key information
11.8%
Debt to equity ratio
€6.71b
Debt
Interest coverage ratio | 0.7x |
Cash | €889.00m |
Equity | €56.78b |
Total liabilities | €6.99b |
Total assets | €63.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAH3's short term assets (€906.0M) exceed its short term liabilities (€105.0M).
Long Term Liabilities: PAH3's short term assets (€906.0M) do not cover its long term liabilities (€6.9B).
Debt to Equity History and Analysis
Debt Level: PAH3's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: PAH3's debt to equity ratio has increased from 0.04% to 11.8% over the past 5 years.
Debt Coverage: PAH3's debt is well covered by operating cash flow (26.9%).
Interest Coverage: PAH3's interest payments on its debt are not well covered by EBIT (0.7x coverage).