PPG Industries Financial Health
How is PPG Industries's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: PPG's short term assets ($7.5B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: PPG's short term assets ($7.5B) do not cover its long term liabilities ($9.8B).
Debt to Equity History and Analysis
Debt Level: PPG's net debt to equity ratio (105.8%) is considered high.
Reducing Debt: PPG's debt to equity ratio has increased from 73.1% to 123.7% over the past 5 years.
Debt Coverage: PPG's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: PPG's interest payments on its debt are well covered by EBIT (15.2x coverage).