Prudential Financial Balance Sheet Health
Financial Health criteria checks 2/6
Prudential Financial has a total shareholder equity of $29.8B and total debt of $33.4B, which brings its debt-to-equity ratio to 112.2%. Its total assets and total liabilities are $721.1B and $691.3B respectively. Prudential Financial's EBIT is $4.6B making its interest coverage ratio 2.6. It has cash and short-term investments of $34.2B.
Key information
112.2%
Debt to equity ratio
US$33.41b
Debt
Interest coverage ratio | 2.6x |
Cash | US$34.21b |
Equity | US$29.79b |
Total liabilities | US$691.34b |
Total assets | US$721.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLL's short term assets ($38.4B) exceed its short term liabilities ($13.2B).
Long Term Liabilities: PLL's short term assets ($38.4B) do not cover its long term liabilities ($678.2B).
Debt to Equity History and Analysis
Debt Level: PLL has more cash than its total debt.
Reducing Debt: PLL's debt to equity ratio has increased from 70.7% to 112.2% over the past 5 years.
Debt Coverage: PLL's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: PLL's interest payments on its debt are not well covered by EBIT (2.6x coverage).