Pernod Ricard Balance Sheet Health
Financial Health criteria checks 2/6
Pernod Ricard has a total shareholder equity of €16.8B and total debt of €13.2B, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are €39.2B and €22.4B respectively. Pernod Ricard's EBIT is €3.1B making its interest coverage ratio 7.9. It has cash and short-term investments of €2.7B.
Key information
78.5%
Debt to equity ratio
€13.19b
Debt
| Interest coverage ratio | 7.9x |
| Cash | €2.68b |
| Equity | €16.80b |
| Total liabilities | €22.39b |
| Total assets | €39.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PER0's short term assets (€13.5B) exceed its short term liabilities (€7.2B).
Long Term Liabilities: PER0's short term assets (€13.5B) do not cover its long term liabilities (€15.1B).
Debt to Equity History and Analysis
Debt Level: PER0's net debt to equity ratio (62.5%) is considered high.
Reducing Debt: PER0's debt to equity ratio has increased from 46.5% to 78.5% over the past 5 years.
Debt Coverage: PER0's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: PER0's interest payments on its debt are well covered by EBIT (7.9x coverage).