Prada Balance Sheet Health
Financial Health criteria checks 5/6
Prada has a total shareholder equity of €3.9B and total debt of €492.6M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are €7.6B and €3.7B respectively. Prada's EBIT is €1.1B making its interest coverage ratio 20.9. It has cash and short-term investments of €689.5M.
Key information
12.7%
Debt to equity ratio
€492.61m
Debt
Interest coverage ratio | 20.9x |
Cash | €689.52m |
Equity | €3.88b |
Total liabilities | €3.74b |
Total assets | €7.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRDS.Y's short term assets (€2.2B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: PRDS.Y's short term assets (€2.2B) do not cover its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: PRDS.Y has more cash than its total debt.
Reducing Debt: PRDS.Y's debt to equity ratio has reduced from 31.5% to 12.7% over the past 5 years.
Debt Coverage: PRDS.Y's debt is well covered by operating cash flow (234.5%).
Interest Coverage: PRDS.Y's interest payments on its debt are well covered by EBIT (20.9x coverage).