Principal Financial Group Balance Sheet Health
Financial Health criteria checks 3/6
Principal Financial Group has a total shareholder equity of $11.6B and total debt of $4.4B, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are $308.7B and $297.1B respectively.
Key information
37.5%
Debt to equity ratio
US$4.35b
Debt
Interest coverage ratio | n/a |
Cash | US$5.11b |
Equity | US$11.60b |
Total liabilities | US$297.08b |
Total assets | US$308.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PG4's short term assets ($30.8B) exceed its short term liabilities ($21.1B).
Long Term Liabilities: PG4's short term assets ($30.8B) do not cover its long term liabilities ($276.0B).
Debt to Equity History and Analysis
Debt Level: PG4 has more cash than its total debt.
Reducing Debt: PG4's debt to equity ratio has increased from 25.2% to 37.5% over the past 5 years.
Debt Coverage: PG4's debt is well covered by operating cash flow (84.6%).
Interest Coverage: Insufficient data to determine if PG4's interest payments on its debt are well covered by EBIT.