Koninklijke Philips Balance Sheet Health
Financial Health criteria checks 2/6
Koninklijke Philips has a total shareholder equity of €13.3B and total debt of €8.2B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are €30.7B and €17.4B respectively.
Key information
61.7%
Debt to equity ratio
€8.20b
Debt
Interest coverage ratio | n/a |
Cash | €1.18b |
Equity | €13.28b |
Total liabilities | €17.41b |
Total assets | €30.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHIA N's short term assets (€10.3B) exceed its short term liabilities (€7.9B).
Long Term Liabilities: PHIA N's short term assets (€10.3B) exceed its long term liabilities (€9.5B).
Debt to Equity History and Analysis
Debt Level: PHIA N's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: PHIA N's debt to equity ratio has increased from 39.2% to 61.7% over the past 5 years.
Debt Coverage: PHIA N's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PHIA N's interest payments on its debt are well covered by EBIT.