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
Financial Position Analysis
Short Term Liabilities: PLDG.P's short term assets ($1.2B) do not cover its short term liabilities ($1.9B).
Long Term Liabilities: PLDG.P's short term assets ($1.2B) do not cover its long term liabilities ($36.4B).
Debt to Equity History and Analysis
Debt Level: PLDG.P's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: PLDG.P's debt to equity ratio has increased from 44.2% to 56% over the past 5 years.
Debt Coverage: PLDG.P's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: PLDG.P's interest payments on its debt are well covered by EBIT (3.9x coverage).