Prada Balance Sheet Health
Financial Health criteria checks 5/6
Prada has a total shareholder equity of €3.9B and total debt of €396.2M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are €7.7B and €3.8B respectively. Prada's EBIT is €1.1B making its interest coverage ratio 18.7. It has cash and short-term investments of €661.3M.
Key information
10.1%
Debt to equity ratio
€396.25m
Debt
| Interest coverage ratio | 18.7x |
| Cash | €661.26m |
| Equity | €3.94b |
| Total liabilities | €3.80b |
| Total assets | €7.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRP's short term assets (€2.2B) exceed its short term liabilities (€1.6B).
Long Term Liabilities: PRP's short term assets (€2.2B) do not cover its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: PRP has more cash than its total debt.
Reducing Debt: PRP's debt to equity ratio has reduced from 28.6% to 10.1% over the past 5 years.
Debt Coverage: PRP's debt is well covered by operating cash flow (394%).
Interest Coverage: PRP's interest payments on its debt are well covered by EBIT (18.7x coverage).