Prologis Balance Sheet Health
Financial Health criteria checks 1/6
Prologis has a total shareholder equity of $57.8B and total debt of $29.6B, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are $93.3B and $35.5B respectively. Prologis's EBIT is $3.5B making its interest coverage ratio 5. It has cash and short-term investments of $500.6M.
Key information
51.2%
Debt to equity ratio
US$29.58b
Debt
Interest coverage ratio | 5x |
Cash | US$500.59m |
Equity | US$57.80b |
Total liabilities | US$35.51b |
Total assets | US$93.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLDG.P's short term assets ($992.2M) do not cover its short term liabilities ($1.9B).
Long Term Liabilities: PLDG.P's short term assets ($992.2M) do not cover its long term liabilities ($33.6B).
Debt to Equity History and Analysis
Debt Level: PLDG.P's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: PLDG.P's debt to equity ratio has increased from 41.5% to 51.2% over the past 5 years.
Debt Coverage: PLDG.P's debt is not well covered by operating cash flow (18%).
Interest Coverage: PLDG.P's interest payments on its debt are well covered by EBIT (5x coverage).