Koninklijke Philips Balance Sheet Health
Financial Health criteria checks 4/6
Koninklijke Philips has a total shareholder equity of €11.9B and total debt of €8.3B, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are €29.5B and €17.6B respectively. Koninklijke Philips's EBIT is €886.0M making its interest coverage ratio 4. It has cash and short-term investments of €1.8B.
Key information
69.4%
Debt to equity ratio
€8.27b
Debt
| Interest coverage ratio | 4x |
| Cash | €1.81b |
| Equity | €11.92b |
| Total liabilities | €17.56b |
| Total assets | €29.47b |
Recent financial health updates
No updates
Recent updates
Philips: Looking Undervalued After Q3 Earnings Drop
Oct 28Philips: Moving Out Of Intensive Care
Oct 09Philips Q2 Earnings: A Focus On Core Strengths Is The Winning Strategy
Jul 29Philips Stock Surges: Risk Remains On Respironics, But With Investment Potential
Jun 28Koninklijke Philips: Major Overhang Removed
May 01Koninklijke Philips: Still On The Cautious Line
Jan 24Philips Q3 Earnings: Getting More Attractive (Rating Upgrade)
Oct 25Koninklijke Philips: Hold For Now
Oct 12Philips: A Healthcare Leader But A Very Risky Investment
Sep 20Financial Position Analysis
Short Term Liabilities: PHG's short term assets (€10.1B) exceed its short term liabilities (€8.8B).
Long Term Liabilities: PHG's short term assets (€10.1B) exceed its long term liabilities (€8.8B).
Debt to Equity History and Analysis
Debt Level: PHG's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: PHG's debt to equity ratio has increased from 48.8% to 69.4% over the past 5 years.
Debt Coverage: PHG's debt is well covered by operating cash flow (21.8%).
Interest Coverage: PHG's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 15:42 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Koninklijke Philips N.V. is covered by 54 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wim Gille | ABN AMRO Bank N.V. |
| Sumit Sayal | AlphaValue |
| Fabrizio Spagna | Axia Financial Research |