Philip Morris International Balance Sheet Health
Financial Health criteria checks 2/6
Philip Morris International has a total shareholder equity of $-7.7B and total debt of $49.2B, which brings its debt-to-equity ratio to -638.3%. Its total assets and total liabilities are $66.9B and $74.6B respectively. Philip Morris International's EBIT is $13.6B making its interest coverage ratio 12.2. It has cash and short-term investments of $4.3B.
Key information
-638.3%
Debt to equity ratio
US$49.23b
Debt
| Interest coverage ratio | 12.2x |
| Cash | US$4.26b |
| Equity | -US$7.71b |
| Total liabilities | US$74.61b |
| Total assets | US$66.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4I1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 4I1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 4I1 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 4I1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 4I1's debt is well covered by operating cash flow (23.4%).
Interest Coverage: 4I1's interest payments on its debt are well covered by EBIT (12.2x coverage).