Prysmian Balance Sheet Health
Financial Health criteria checks 6/6
Prysmian has a total shareholder equity of €4.3B and total debt of €2.7B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are €13.6B and €9.3B respectively. Prysmian's EBIT is €1.0B making its interest coverage ratio 22. It has cash and short-term investments of €1.2B.
Key information
62.4%
Debt to equity ratio
€2.67b
Debt
Interest coverage ratio | 22x |
Cash | €1.23b |
Equity | €4.28b |
Total liabilities | €9.27b |
Total assets | €13.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEU0's short term assets (€7.4B) exceed its short term liabilities (€6.1B).
Long Term Liabilities: AEU0's short term assets (€7.4B) exceed its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: AEU0's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: AEU0's debt to equity ratio has reduced from 127.9% to 62.4% over the past 5 years.
Debt Coverage: AEU0's debt is well covered by operating cash flow (57.7%).
Interest Coverage: AEU0's interest payments on its debt are well covered by EBIT (22x coverage).