Prudential Balance Sheet Health
Financial Health criteria checks 4/6
Prudential has a total shareholder equity of $18.0B and total debt of $5.4B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are $174.1B and $156.1B respectively. Prudential's EBIT is $3.8B making its interest coverage ratio 8.1. It has cash and short-term investments of $4.8B.
Key information
29.8%
Debt to equity ratio
US$5.36b
Debt
Interest coverage ratio | 8.1x |
Cash | US$4.75b |
Equity | US$17.98b |
Total liabilities | US$156.08b |
Total assets | US$174.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRU's short term assets ($12.4B) exceed its short term liabilities ($6.1B).
Long Term Liabilities: PRU's short term assets ($12.4B) do not cover its long term liabilities ($149.9B).
Debt to Equity History and Analysis
Debt Level: PRU's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: PRU's debt to equity ratio has reduced from 90.1% to 29.8% over the past 5 years.
Debt Coverage: PRU's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: PRU's interest payments on its debt are well covered by EBIT (8.1x coverage).