PG Balance Sheet Health
Financial Health criteria checks 5/6
PG has a total shareholder equity of €65.2M and total debt of €24.6M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are €132.7M and €67.6M respectively. PG's EBIT is €20.5M making its interest coverage ratio 19.1. It has cash and short-term investments of €13.4M.
Key information
37.8%
Debt to equity ratio
€24.63m
Debt
| Interest coverage ratio | 19.1x |
| Cash | €13.36m |
| Equity | €65.18m |
| Total liabilities | €67.55m |
| Total assets | €132.73m |
Recent financial health updates
Recent updates
Shareholders Are Optimistic That PG (MTSE:PG) Will Multiply In Value
Apr 05
Estimating The Intrinsic Value Of PG p.l.c. (MTSE:PG)
Mar 24Here's What PG p.l.c.'s (MTSE:PG) Shareholder Ownership Structure Looks Like
Feb 23Read This Before Buying PG p.l.c. (MTSE:PG) For Its Dividend
Jan 29Is PG (MTSE:PG) Using Too Much Debt?
Jan 17
A Look Into PG's (MTSE:PG) Impressive Returns On Capital
Jan 04Calculating The Fair Value Of PG p.l.c. (MTSE:PG)
Dec 19Is It Worth Considering PG p.l.c. (MTSE:PG) For Its Upcoming Dividend?
Nov 29PG p.l.c.'s (MTSE:PG) Share Price Could Signal Some Risk
Nov 25Financial Position Analysis
Short Term Liabilities: PG's short term assets (€37.1M) do not cover its short term liabilities (€42.9M).
Long Term Liabilities: PG's short term assets (€37.1M) exceed its long term liabilities (€24.6M).
Debt to Equity History and Analysis
Debt Level: PG's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: PG's debt to equity ratio has reduced from 58.9% to 37.8% over the past 5 years.
Debt Coverage: PG's debt is well covered by operating cash flow (82%).
Interest Coverage: PG's interest payments on its debt are well covered by EBIT (19.1x coverage).