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 $4.0B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are $308.7B and $297.1B respectively.
Key information
34.3%
Debt to equity ratio
US$3.98b
Debt
Interest coverage ratio | n/a |
Cash | US$4.74b |
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: 0KO5's short term assets ($30.5B) exceed its short term liabilities ($19.1B).
Long Term Liabilities: 0KO5's short term assets ($30.5B) do not cover its long term liabilities ($278.0B).
Debt to Equity History and Analysis
Debt Level: 0KO5 has more cash than its total debt.
Reducing Debt: 0KO5's debt to equity ratio has increased from 25.2% to 34.3% over the past 5 years.
Debt Coverage: 0KO5's debt is well covered by operating cash flow (95.2%).
Interest Coverage: Insufficient data to determine if 0KO5's interest payments on its debt are well covered by EBIT.