Prysmian Balance Sheet Health
Financial Health criteria checks 6/6
Prysmian has a total shareholder equity of €4.0B and total debt of €2.8B, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are €13.3B and €9.4B respectively. Prysmian's EBIT is €1.0B making its interest coverage ratio 19.4. It has cash and short-term investments of €1.9B.
Key information
70.5%
Debt to equity ratio
€2.80b
Debt
Interest coverage ratio | 19.4x |
Cash | €1.87b |
Equity | €3.97b |
Total liabilities | €9.35b |
Total assets | €13.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NUX's short term assets (€7.2B) exceed its short term liabilities (€6.2B).
Long Term Liabilities: 0NUX's short term assets (€7.2B) exceed its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: 0NUX's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: 0NUX's debt to equity ratio has reduced from 137.4% to 70.5% over the past 5 years.
Debt Coverage: 0NUX's debt is well covered by operating cash flow (50.6%).
Interest Coverage: 0NUX's interest payments on its debt are well covered by EBIT (19.4x coverage).