Perpetual Balance Sheet Health

Financial Health criteria checks 3/6

Perpetual has a total shareholder equity of A$1.7B and total debt of A$679.0M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are A$3.4B and A$1.7B respectively. Perpetual's EBIT is A$165.8M making its interest coverage ratio 2.4. It has cash and short-term investments of A$221.3M.

Key information

39.0%

Debt to equity ratio

AU$679.00m

Debt

Interest coverage ratio	2.4x
Cash	AU$221.30m
Equity	AU$1.74b
Total liabilities	AU$1.66b
Total assets	AU$3.40b

Recent financial health updates

No updates

Recent updates

Perpetual (ASX:PPT) Has Announced That It Will Be Increasing Its Dividend To A$0.97

Aug 29

Perpetual's (ASX:PPT) Upcoming Dividend Will Be Larger Than Last Year's

Feb 27

Increases to CEO Compensation Might Be Put On Hold For Now at Perpetual Limited (ASX:PPT)

Oct 14

Perpetual's (ASX:PPT) Upcoming Dividend Will Be Larger Than Last Year's

Aug 24

Should Perpetual Limited (ASX:PPT) Be Part Of Your Income Portfolio?

Apr 03

Here's Why We're Wary Of Buying Perpetual's (ASX:PPT) For Its Upcoming Dividend

Feb 27

What Type Of Returns Would Perpetual's(ASX:PPT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 12

Do Investors Have Good Reason To Be Wary Of Perpetual Limited's (ASX:PPT) 2.9% Dividend Yield?

Dec 08

Financial Position Analysis

Short Term Liabilities: PPT's short term assets (A$640.0M) do not cover its short term liabilities (A$1.2B).

Long Term Liabilities: PPT's short term assets (A$640.0M) exceed its long term liabilities (A$430.2M).

Debt to Equity History and Analysis

Debt Level: PPT's net debt to equity ratio (26.3%) is considered satisfactory.

Reducing Debt: PPT's debt to equity ratio has increased from 13.1% to 39% over the past 5 years.

Debt Coverage: PPT's debt is well covered by operating cash flow (43.7%).

Interest Coverage: PPT's interest payments on its debt are not well covered by EBIT (2.4x coverage).

Perpetual Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

High number of new directors

Perpetual Limited to Report First Half, 2025 Results on Feb 27, 2025

Perpetual Limited's (ASX:PPT) Revenues Are Not Doing Enough For Some Investors

Price target decreased by 7.3% to AU$22.92

Perpetual (ASX:PPT) Is Reducing Its Dividend To A$0.53

Perpetual Limited Announces Board Changes

Final dividend reduced to AU$0.53

Perpetual Limited Announces Final Dividend, Payable on 4 October 2024

Full year 2024 earnings: EPS misses analyst expectations

Perpetual Limited Announces Board and Committee Changes

Perpetual Limited Announces Chief Executive Officer Changes

Perpetual Limited, Annual General Meeting, Oct 17, 2024

Consensus EPS estimates fall by 39%

PYFA Australia Pty Ltd completed the acquisition of remaining 89.67% stake in Probiotec Limited (ASX:PBP).

KKR & Co. Inc. (NYSE:KKR) agreed to acquire Wealth Management and Corporate Trust businesses of Perpetual Limited (ASX:PPT) for AUD 2.1 billion

Perpetual Confirms Talks with KKR

Now 21% undervalued after recent price drop

What You Can Learn From Perpetual Limited's (ASX:PPT) P/E

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.65 per share

Perpetual Limited to Report Fiscal Year 2024 Results on Oct 31, 2024

Washington H. Soul Pattinson and Company Limited cancelled the acquisition of Perpetual Limited (ASX:PPT) for AUD 2.7 billion.

Perpetual Limited Announces Executive Changes

Perpetual Limited Announces Board Changes

Price target decreased by 7.9% to AU$27.06

Perpetual Limited to Report First Half, 2024 Results on Feb 23, 2024

Upcoming dividend of AU$0.65 per share at 5.7% yield

Consensus EPS estimates fall by 27%

Perpetual Limited Announces Fully Franked Dividend for the Six Months Ended June 30, 2023, Payable on September 29, 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 15%

Perpetual Limited Provides Executive Committee Update

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of AU$0.55 per share at 8.5% yield

Consensus EPS estimates fall by 12%

First half 2023 earnings released: EPS: AU$0.47 (vs AU$1.05 in 1H 2022)

Consensus EPS estimates increase by 13%

Perpetual Limited Announces Special Dividend for the Quarter Ended September 30, 2022, Payable on February 8, 2023

Perpetual Limited Announces Board Changes

Perpetual Limited (ASX:PPT) completed the acquisition of acquire Pendal Group Limited (ASX:PDL) from a group of shareholders.

Perpetual Limited Confirms Special Dividend, Payable on 8 February 2023

Perpetual Limited Resolves Special Dividend for the 3-Month Period Ending 30 September 2022, Payable on 8 February 2023

Perpetual Limited Announces Appointment of Pendal Directors to the Perpetual Board

Perpetual Limited, Annual General Meeting, Oct 19, 2023

Perpetual Limited Promotes Vince Pezzullo as Head of Equities Within Perpetual Asset Management Australia

Regal Partners Limited (ASX:RPL) and Morello Pte. Limited cancelled the acquisition of Perpetual Resources Limited (ASX:PEC).

Regal Partners Limited (ASX:RPL) and Morello Pte. Limited made an offer to acquire Perpetual Limited (ASX:PEC) for AUD 1.7 billion.

Investor sentiment improved over the past week

Independent Director recently bought AU$1.2m worth of stock

Upcoming dividend of AU$0.97 per share

Perpetual (ASX:PPT) Has Announced That It Will Be Increasing Its Dividend To A$0.97

Full year 2022 earnings: EPS and revenues miss analyst expectations

Perpetual Limited Announces Fully Franked Dividend for Six Months Ended June 30, 2022, Payable on September 30, 2022

Perpetual, Pendal Deal Likely After Weekend Talks

Price target decreased to AU$35.77

IGO Nickel Holdings Pty Ltd completed the acquisition of Western Areas Limited (ASX:WSA) from Perpetual Limited (ASX:PPT), Wyloo Consolidated Investments Pty Ltd and others.

Perpetual Limited, Annual General Meeting, Oct 20, 2022

Perpetual Limited (ASX:PPT) entered into non-binding indicative proposal to acquire Pendal Group Limited (ASX:PDL) from a group of shareholders for AUD 2.6 billion.

Upcoming dividend of AU$1.12 per share

Perpetual's (ASX:PPT) Upcoming Dividend Will Be Larger Than Last Year's

First half 2022 earnings: EPS and revenues exceed analyst expectations

Perpetual Limited Declares an Interim Ordinary Dividend for the Six Months Ended 31 December 2021, Payable on 1 April 2022

Perpetual Limited Announces the Resignation of Richard McCarthy as Director of the Responsible Entity

Perpetual and Barrow Hanley Launch Two Mutual Funds

Increases to CEO Compensation Might Be Put On Hold For Now at Perpetual Limited (ASX:PPT)

Upcoming dividend of AU$0.96 per share

Perpetual's (ASX:PPT) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2021 earnings released: EPS AU$1.35 (vs AU$1.76 in FY 2020)

Perpetual Limited (ASX:PPT) acquired Jacaranda Financial Planning Pty Ltd.

Consensus forecasts updated

Should Perpetual Limited (ASX:PPT) Be Part Of Your Income Portfolio?

Independent Director recently bought AU$102k worth of stock

Here's Why We're Wary Of Buying Perpetual's (ASX:PPT) For Its Upcoming Dividend

Upcoming Dividend of AU$0.84 Per Share

Independent Non-Executive Director recently bought AU$120k worth of stock