Prudential Balance Sheet Health
Financial Health criteria checks 5/6
Prudential has a total shareholder equity of $17.2B and total debt of $5.2B, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are $174.7B and $157.5B respectively. Prudential's EBIT is $3.3B making its interest coverage ratio 7.2. It has cash and short-term investments of $6.0B.
Key information
30.1%
Debt to equity ratio
US$5.19b
Debt
| Interest coverage ratio | 7.2x |
| Cash | US$5.98b |
| Equity | US$17.24b |
| Total liabilities | US$157.45b |
| Total assets | US$174.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRUL's short term assets ($14.3B) exceed its short term liabilities ($9.6B).
Long Term Liabilities: PRUL's short term assets ($14.3B) do not cover its long term liabilities ($147.8B).
Debt to Equity History and Analysis
Debt Level: PRUL has more cash than its total debt.
Reducing Debt: PRUL's debt to equity ratio has reduced from 79.5% to 30.1% over the past 5 years.
Debt Coverage: PRUL's debt is well covered by operating cash flow (33.5%).
Interest Coverage: PRUL's interest payments on its debt are well covered by EBIT (7.2x coverage).