Puig Brands Balance Sheet Health
Financial Health criteria checks 3/6
Puig Brands has a total shareholder equity of €2.9B and total debt of €1.8B, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are €8.2B and €5.3B respectively. Puig Brands's EBIT is €576.6M making its interest coverage ratio 10.9. It has cash and short-term investments of €468.2M.
Key information
59.6%
Debt to equity ratio
€1.75b
Debt
| Interest coverage ratio | 10.9x |
| Cash | €468.24m |
| Equity | €2.94b |
| Total liabilities | €5.27b |
| Total assets | €8.21b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PUGB.Y's short term assets (€2.3B) exceed its short term liabilities (€1.8B).
Long Term Liabilities: PUGB.Y's short term assets (€2.3B) do not cover its long term liabilities (€3.5B).
Debt to Equity History and Analysis
Debt Level: PUGB.Y's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: Insufficient data to determine if PUGB.Y's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PUGB.Y's debt is well covered by operating cash flow (28.6%).
Interest Coverage: PUGB.Y's interest payments on its debt are well covered by EBIT (10.9x coverage).