Procter & Gamble Balance Sheet Health
Financial Health criteria checks 2/6
Procter & Gamble has a total shareholder equity of $48.8B and total debt of $33.7B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are $120.7B and $71.9B respectively. Procter & Gamble's EBIT is $20.9B making its interest coverage ratio 44.2. It has cash and short-term investments of $7.9B.
Key information
69.0%
Debt to equity ratio
US$33.71b
Debt
Interest coverage ratio | 44.2x |
Cash | US$7.89b |
Equity | US$48.83b |
Total liabilities | US$71.88b |
Total assets | US$120.71b |
Recent financial health updates
Procter & Gamble (NYSE:PG) Has A Pretty Healthy Balance Sheet
Dec 28These 4 Measures Indicate That Procter & Gamble (NYSE:PG) Is Using Debt Reasonably Well
Sep 20Recent updates
Procter & Gamble: Organic Growth Expected, But Valuation Too High
Mar 21An Intrinsic Calculation For The Procter & Gamble Company (NYSE:PG) Suggests It's 25% Undervalued
Mar 05The Reasons We Still Like Procter & Gamble
Feb 19The Procter & Gamble Company's (NYSE:PG) Shareholders Might Be Looking For Exit
Feb 07Procter & Gamble Is Set For An Earnings Surprise
Jan 18Procter & Gamble (NYSE:PG) Has A Pretty Healthy Balance Sheet
Dec 28Procter & Gamble: Time To Load Up On This 2.5% Yielding Dividend King
Dec 17Procter & Gamble (NYSE:PG) Could Become A Multi-Bagger
Dec 16Procter & Gamble: Price And Volume Growth Mix Might Shift Back To Normal Soon
Dec 11Procter & Gamble: Fantastic Compounder, But At These Prices, I'm Buying Alternatives
Nov 13Is The Procter & Gamble Company (NYSE:PG) Trading At A 23% Discount?
Nov 10Procter & Gamble (NYSE:PG) Ticks All The Boxes When It Comes To Earnings Growth
Oct 29Procter & Gamble Has More Upside
Oct 18Procter & Gamble: Q1 Earnings Release Unlikely To Be A Price Catalyst
Oct 12The Procter & Gamble: Do Not Chase This SWAN Over The Cliff
Sep 21These 4 Measures Indicate That Procter & Gamble (NYSE:PG) Is Using Debt Reasonably Well
Sep 20Procter & Gamble: Where Consistency Meets Opportunity
Sep 14Procter & Gamble (NYSE:PG) Is Achieving High Returns On Its Capital
Sep 05Procter & Gamble: Earnings Growth Seen In FY24, But Fairly Valued For Now
Aug 14Financial Position Analysis
Short Term Liabilities: PG's short term assets ($23.1B) do not cover its short term liabilities ($36.0B).
Long Term Liabilities: PG's short term assets ($23.1B) do not cover its long term liabilities ($35.9B).
Debt to Equity History and Analysis
Debt Level: PG's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: PG's debt to equity ratio has increased from 61.8% to 69% over the past 5 years.
Debt Coverage: PG's debt is well covered by operating cash flow (57%).
Interest Coverage: PG's interest payments on its debt are well covered by EBIT (44.2x coverage).