Procter & Gamble Balance Sheet Health
Financial Health criteria checks 2/6
Procter & Gamble has a total shareholder equity of $50.3B and total debt of $32.0B, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are $119.6B and $69.3B respectively. Procter & Gamble's EBIT is $21.4B making its interest coverage ratio 46.2. It has cash and short-term investments of $6.8B.
Key information
63.5%
Debt to equity ratio
US$31.98b
Debt
Interest coverage ratio | 46.2x |
Cash | US$6.83b |
Equity | US$50.33b |
Total liabilities | US$69.27b |
Total assets | US$119.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NOF's short term assets ($22.5B) do not cover its short term liabilities ($32.3B).
Long Term Liabilities: 0NOF's short term assets ($22.5B) do not cover its long term liabilities ($36.9B).
Debt to Equity History and Analysis
Debt Level: 0NOF's net debt to equity ratio (50%) is considered high.
Reducing Debt: 0NOF's debt to equity ratio has increased from 54.5% to 63.5% over the past 5 years.
Debt Coverage: 0NOF's debt is well covered by operating cash flow (60.8%).
Interest Coverage: 0NOF's interest payments on its debt are well covered by EBIT (46.2x coverage).