Prologis Balance Sheet Health
Financial Health criteria checks 1/6
Prologis has a total shareholder equity of $57.7B and total debt of $32.3B, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are $95.9B and $38.2B respectively. Prologis's EBIT is $3.2B making its interest coverage ratio 3.9. It has cash and short-term investments of $780.9M.
Key information
56.0%
Debt to equity ratio
US$32.29b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$780.87m |
| Equity | US$57.66b |
| Total liabilities | US$38.24b |
| Total assets | US$95.91b |
Recent financial health updates
No updates
Recent updates
Prologis: Opportunity Knocks With A Perfect Blend Of Yield And Growth
Nov 173% Yield And Double-Digit Growth: Why Prologis Remains One Of The Best REITs Money Can Buy
Oct 19Prologis To Benefit From Tailwinds In Logistics And In AI
Sep 17Prologis: Still On Track If Deglobalization Continues
Aug 14Prologis: One Of The Most Compelling Opportunities In Listed Real Estate
Jul 30Prologis: Q2 2024 Results Update - Still A Strong Buy
Jul 18Unboxing Dividends Why Prologis Is A Shareholder's Dream
Jul 08Prologis Is A Bargain After Its Recent Price Drop
Jun 08Prologis Has Crashed: Buy, Hold, Or Sell?
May 07What Just Happened To Prologis?
Apr 23Prologis: How Amazon's Secret Weapon Could Be Your Next Winner
Mar 25Prologis: Buy This REIT Now For Winning Dividend Growth
Feb 23Prologis: A REIT Gem For Good And Bad Times
Jan 22Prologis: Overvalued Common And Preferred Shares
Jan 16Prologis: More Than Just A REIT, It's A Leading Energy Company And Much More
Dec 22Prologis: 4 Reasons You Should Own This REIT Going Into 2024 And Beyond
Dec 15Prologis: My Top REIT Choice For 2024 With Market Beating Returns Potential
Nov 20All Roads Lead To Prologis: Why We Love This Industrial Juggernaut
Oct 20Prologis: A Good Income Investment In The REIT Sector
Oct 12Prologis: Look To Buy Under $80
Sep 25Prologis: Well Positioned For High Interest Rates
Sep 18Prologis - One Of The Best REITs Money Can Buy
Aug 14Prologis: Deglobalization Could Be The Next Dominant Tailwind For This REIT
Jul 14Prologis: Strong Fundamentals But Not Sufficient To Justify The Valuation
Jul 06Prologis: Double-Digit Growth At A Premium Valuation
Jun 20Prologis: Growth Rate Compresses, FFO Multiple Is Next
Jun 04Prologis: No Alpha Here
Feb 20Prologis Stock: A Textbook Fortress And Moat Story
Jan 25Prologis: Historically Low Vacancy Rates Keep Shares Attractive Ahead Of Q4 Earnings
Jan 17Does Prologis (NYSE:PLD) Deserve A Spot On Your Watchlist?
Jan 09
Why Prologis Is A Top Pick For 2023
Dec 22Financial Position Analysis
Short Term Liabilities: PLD's short term assets ($1.2B) do not cover its short term liabilities ($1.9B).
Long Term Liabilities: PLD's short term assets ($1.2B) do not cover its long term liabilities ($36.4B).
Debt to Equity History and Analysis
Debt Level: PLD's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: PLD's debt to equity ratio has increased from 44.2% to 56% over the past 5 years.
Debt Coverage: PLD's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: PLD's interest payments on its debt are well covered by EBIT (3.9x coverage).