Principal Financial Group Balance Sheet Health
Financial Health criteria checks 3/6
Principal Financial Group has a total shareholder equity of $10.5B and total debt of $4.7B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are $299.4B and $288.9B respectively.
Key information
44.7%
Debt to equity ratio
US$4.71b
Debt
Interest coverage ratio | n/a |
Cash | US$5.33b |
Equity | US$10.53b |
Total liabilities | US$288.87b |
Total assets | US$299.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFG *'s short term assets ($31.9B) exceed its short term liabilities ($20.6B).
Long Term Liabilities: PFG *'s short term assets ($31.9B) do not cover its long term liabilities ($268.3B).
Debt to Equity History and Analysis
Debt Level: PFG * has more cash than its total debt.
Reducing Debt: PFG *'s debt to equity ratio has increased from 26.8% to 44.7% over the past 5 years.
Debt Coverage: PFG *'s debt is well covered by operating cash flow (67.3%).
Interest Coverage: Insufficient data to determine if PFG *'s interest payments on its debt are well covered by EBIT.