Prologis Balance Sheet Health
Financial Health criteria checks 3/6
Prologis has a total shareholder equity of $38.9B and total debt of $18.0B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are $59.8B and $20.9B respectively. Prologis's EBIT is $2.1B making its interest coverage ratio 8.7. It has cash and short-term investments of $462.6M.
Key information
46.4%
Debt to equity ratio
US$18.04b
Debt
| Interest coverage ratio | 8.7x |
| Cash | US$462.62m |
| Equity | US$38.87b |
| Total liabilities | US$20.89b |
| Total assets | US$59.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POJN's short term assets ($1.1B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: POJN's short term assets ($1.1B) do not cover its long term liabilities ($19.8B).
Debt to Equity History and Analysis
Debt Level: POJN's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: POJN's debt to equity ratio has reduced from 61.9% to 46.4% over the past 5 years.
Debt Coverage: POJN's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: POJN's interest payments on its debt are well covered by EBIT (8.7x coverage).