Prysmian Balance Sheet Health
Financial Health criteria checks 5/6
Prysmian has a total shareholder equity of €4.9B and total debt of €5.4B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are €17.1B and €12.2B respectively. Prysmian's EBIT is €1.1B making its interest coverage ratio 13.4. It has cash and short-term investments of €565.0M.
Key information
108.8%
Debt to equity ratio
€5.36b
Debt
| Interest coverage ratio | 13.4x |
| Cash | €565.00m |
| Equity | €4.93b |
| Total liabilities | €12.21b |
| Total assets | €17.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEU's short term assets (€7.5B) exceed its short term liabilities (€6.7B).
Long Term Liabilities: AEU's short term assets (€7.5B) exceed its long term liabilities (€5.5B).
Debt to Equity History and Analysis
Debt Level: AEU's net debt to equity ratio (97.3%) is considered high.
Reducing Debt: AEU's debt to equity ratio has reduced from 125.1% to 108.8% over the past 5 years.
Debt Coverage: AEU's debt is well covered by operating cash flow (35%).
Interest Coverage: AEU's interest payments on its debt are well covered by EBIT (13.4x coverage).