Porsche Automobil Holding Balance Sheet Health
Financial Health criteria checks 3/6
Porsche Automobil Holding has a total shareholder equity of €56.9B and total debt of €7.7B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are €64.9B and €8.0B respectively. Porsche Automobil Holding's EBIT is €188.0M making its interest coverage ratio 0.8. It has cash and short-term investments of €2.6B.
Key information
13.5%
Debt to equity ratio
€7.70b
Debt
| Interest coverage ratio | 0.8x |
| Cash | €2.58b |
| Equity | €56.94b |
| Total liabilities | €7.97b |
| Total assets | €64.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSHE's short term assets (€2.6B) exceed its short term liabilities (€249.0M).
Long Term Liabilities: PSHE's short term assets (€2.6B) do not cover its long term liabilities (€7.7B).
Debt to Equity History and Analysis
Debt Level: PSHE's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: PSHE's debt to equity ratio has increased from 0.1% to 13.5% over the past 5 years.
Debt Coverage: PSHE's debt is well covered by operating cash flow (20.8%).
Interest Coverage: PSHE's interest payments on its debt are not well covered by EBIT (0.8x coverage).