Principal Financial Group Balance Sheet Health
Financial Health criteria checks 3/6
Principal Financial Group has a total shareholder equity of $11.6B and total debt of $4.2B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are $322.9B and $311.3B respectively.
Key information
36.3%
Debt to equity ratio
US$4.20b
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.09b |
| Equity | US$11.59b |
| Total liabilities | US$311.26b |
| Total assets | US$322.86b |
Recent financial health updates
No updates
Recent updates
Principal Financial Group (NASDAQ:PFG) Has Announced That It Will Be Increasing Its Dividend To $0.73
Nov 20
Principal Financial Upgraded As Growth Indicators And 3% Yield Looks Positive
Nov 15Principal Financial Group (NASDAQ:PFG) Is Paying Out A Larger Dividend Than Last Year
Oct 29Principal Financial Group (NASDAQ:PFG) Is Paying Out A Larger Dividend Than Last Year
Aug 21Principal Financial: Capital Pressures Now Reflected In Valuation (Upgrade)
Aug 13Principal Financial Group (NASDAQ:PFG) Is Paying Out A Larger Dividend Than Last Year
Jul 30Market Cool On Principal Financial Group, Inc.'s (NASDAQ:PFG) Earnings
Jul 21Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.71
May 07Principal Financial: Asset Management Headwinds Make Shares Less Attractive (Rating Downgrade)
Apr 09Principal Financial Group's (NASDAQ:PFG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 19Principal Financial Group: An Expensive Insurance Company With Limited Near-Term Upside
Jan 26Principal Financial Group rebrands investment unit as Principal Asset Management
Oct 10Financial Position Analysis
Short Term Liabilities: PFG's short term assets ($32.8B) exceed its short term liabilities ($20.9B).
Long Term Liabilities: PFG's short term assets ($32.8B) do not cover its long term liabilities ($290.4B).
Debt to Equity History and Analysis
Debt Level: PFG has more cash than its total debt.
Reducing Debt: PFG's debt to equity ratio has increased from 25.6% to 36.3% over the past 5 years.
Debt Coverage: PFG's debt is well covered by operating cash flow (97.2%).
Interest Coverage: Insufficient data to determine if PFG's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:16 |
| End of Day Share Price | 2024/12/20 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Principal Financial Group, Inc. is covered by 28 analysts. 9 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 |
|---|---|
| null null | Argus Research Company |
| John Heagerty | Atlantic Equities LLP |
| Jay Gelb | Barclays |