Procter & Gamble Balance Sheet Health
Financial Health criteria checks 2/6
Procter & Gamble has a total shareholder equity of $52.1B and total debt of $36.2B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are $126.5B and $74.3B respectively. Procter & Gamble's EBIT is $21.1B making its interest coverage ratio 46.1. It has cash and short-term investments of $12.2B.
Key information
69.3%
Debt to equity ratio
US$36.15b
Debt
| Interest coverage ratio | 46.1x |
| Cash | US$12.16b |
| Equity | US$52.14b |
| Total liabilities | US$74.34b |
| Total assets | US$126.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRG's short term assets ($27.4B) do not cover its short term liabilities ($36.4B).
Long Term Liabilities: PRG's short term assets ($27.4B) do not cover its long term liabilities ($37.9B).
Debt to Equity History and Analysis
Debt Level: PRG's net debt to equity ratio (46%) is considered high.
Reducing Debt: PRG's debt to equity ratio has increased from 62.8% to 69.3% over the past 5 years.
Debt Coverage: PRG's debt is well covered by operating cash flow (53.2%).
Interest Coverage: PRG's interest payments on its debt are well covered by EBIT (46.1x coverage).