Publicis Groupe Balance Sheet Health
Financial Health criteria checks 5/6
Publicis Groupe has a total shareholder equity of €9.7B and total debt of €3.3B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are €36.7B and €27.0B respectively. Publicis Groupe's EBIT is €2.2B making its interest coverage ratio 2206. It has cash and short-term investments of €4.3B.
Key information
34.3%
Debt to equity ratio
€3.35b
Debt
Interest coverage ratio | 2206x |
Cash | €4.25b |
Equity | €9.75b |
Total liabilities | €26.97b |
Total assets | €36.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGPE.F's short term assets (€20.6B) do not cover its short term liabilities (€21.8B).
Long Term Liabilities: PGPE.F's short term assets (€20.6B) exceed its long term liabilities (€5.1B).
Debt to Equity History and Analysis
Debt Level: PGPE.F has more cash than its total debt.
Reducing Debt: PGPE.F's debt to equity ratio has reduced from 42.9% to 34.3% over the past 5 years.
Debt Coverage: PGPE.F's debt is well covered by operating cash flow (61.2%).
Interest Coverage: PGPE.F's interest payments on its debt are well covered by EBIT (2206x coverage).