Kering Balance Sheet Health
Financial Health criteria checks 3/6
Kering has a total shareholder equity of €15.8B and total debt of €13.9B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are €42.2B and €26.4B respectively. Kering's EBIT is €3.6B making its interest coverage ratio 9.2. It has cash and short-term investments of €3.9B.
Key information
88.0%
Debt to equity ratio
€13.86b
Debt
| Interest coverage ratio | 9.2x |
| Cash | €3.93b |
| Equity | €15.75b |
| Total liabilities | €26.40b |
| Total assets | €42.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPRU.Y's short term assets (€11.7B) exceed its short term liabilities (€8.5B).
Long Term Liabilities: PPRU.Y's short term assets (€11.7B) do not cover its long term liabilities (€17.9B).
Debt to Equity History and Analysis
Debt Level: PPRU.Y's net debt to equity ratio (63%) is considered high.
Reducing Debt: PPRU.Y's debt to equity ratio has increased from 48.5% to 88% over the past 5 years.
Debt Coverage: PPRU.Y's debt is well covered by operating cash flow (31.1%).
Interest Coverage: PPRU.Y's interest payments on its debt are well covered by EBIT (9.2x coverage).