Porsche Automobil Holding Balance Sheet Health
Financial Health criteria checks 3/6
Porsche Automobil Holding has a total shareholder equity of €55.3B and total debt of €6.7B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are €62.4B and €7.0B respectively. Porsche Automobil Holding's EBIT is €184.0M making its interest coverage ratio 0.7. It has cash and short-term investments of €1.0B.
Key information
12.2%
Debt to equity ratio
€6.72b
Debt
Interest coverage ratio | 0.7x |
Cash | €1.02b |
Equity | €55.33b |
Total liabilities | €7.03b |
Total assets | €62.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAH3's short term assets (€1.0B) exceed its short term liabilities (€137.0M).
Long Term Liabilities: PAH3's short term assets (€1.0B) 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 12.2% over the past 5 years.
Debt Coverage: PAH3's debt is well covered by operating cash flow (27.9%).
Interest Coverage: PAH3's interest payments on its debt are not well covered by EBIT (0.7x coverage).