Peet Balance Sheet Health

Financial Health criteria checks 2/6

Peet has a total shareholder equity of A$595.0M and total debt of A$396.1M, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are A$1.1B and A$499.1M respectively. Peet's EBIT is A$33.2M making its interest coverage ratio 6.1. It has cash and short-term investments of A$23.8M.

Key information

66.6%

Debt to equity ratio

AU$396.13m

Debt

Interest coverage ratio	6.1x
Cash	AU$23.76m
Equity	AU$595.00m
Total liabilities	AU$499.09m
Total assets	AU$1.09b

Recent financial health updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Peet (ASX:PPC) Passed With Ease

Jul 05

These 4 Measures Indicate That Peet (ASX:PPC) Is Using Debt Extensively

May 25

Is Peet Limited's (ASX:PPC) 1.2% Dividend Sustainable?

May 07

Peet (ASX:PPC) Use Of Debt Could Be Considered Risky

Mar 29

Did You Participate In Any Of Peet's (ASX:PPC) Respectable 50% Return?

Feb 24

Read This Before Buying Peet Limited (ASX:PPC) Shares

Jan 28

How Much Is Peet Limited (ASX:PPC) CEO Getting Paid?

Dec 28

Peet (ASX:PPC) Takes On Some Risk With Its Use Of Debt

Dec 06

What Is The Ownership Structure Like For Peet Limited (ASX:PPC)?

Aug 03

Peet Limited's (ASX:PPC) Intrinsic Value Is Potentially 86% Above Its Share Price

Jul 13

Financial Position Analysis

Short Term Liabilities: PPC's short term assets (A$244.8M) exceed its short term liabilities (A$92.4M).

Long Term Liabilities: PPC's short term assets (A$244.8M) do not cover its long term liabilities (A$406.7M).

Debt to Equity History and Analysis

Debt Level: PPC's net debt to equity ratio (62.6%) is considered high.

Reducing Debt: PPC's debt to equity ratio has increased from 45.9% to 66.6% over the past 5 years.

Debt Coverage: PPC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PPC's interest payments on its debt are well covered by EBIT (6.1x coverage).

Peet Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

These 4 Measures Indicate That Peet (ASX:PPC) Is Using Debt Extensively

Peet (ASX:PPC) Use Of Debt Could Be Considered Risky

Peet (ASX:PPC) Takes On Some Risk With Its Use Of Debt

Recent updates

Peet Limited, Annual General Meeting, Oct 30, 2024

Final dividend of AU$0.028 announced

Peet Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on October 14, 2024

Full year 2024 earnings released

Peet Limited Announces Board Changes

Peet Limited to Report Fiscal Year 2024 Results on Aug 22, 2024

Upcoming dividend of AU$0.015 per share

First half dividend of AU$0.015 announced

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.074 in 1H 2023)

Peet Limited to Report First Half, 2024 Results on Feb 22, 2024

MD, CEO & Director recently sold AU$1.3m worth of stock

Upcoming dividend of AU$0.04 per share at 6.1% yield

Peet Limited, Annual General Meeting, Oct 25, 2023

Peet Limited Announces Ordinary Fully Paid Dividend for the Period of Six Months Ended June 30, 2023, Payable on October 16, 2023

Full year 2023 earnings released

Peet Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

We Ran A Stock Scan For Earnings Growth And Peet (ASX:PPC) Passed With Ease

Upcoming dividend of AU$0.035 per share at 5.4% yield

First half 2023 earnings released: EPS: AU$0.074 (vs AU$0.043 in 1H 2022)

Peet Limited to Report First Half, 2023 Results on Feb 23, 2023

Insufficient new directors

Peet Limited Appoints Tony Gallagher as Chief Operating Officer

Upcoming dividend of AU$0.04 per share

Peet Limited, Annual General Meeting, Oct 26, 2022

Full year 2022 earnings released: EPS: AU$0.11 (vs AU$0.059 in FY 2021)

Peet Limited Declares Dividend for the Six Months Ended June 30, 2022, Payable on Oct. 14, 2022

Peet Limited Provides Earnings Guidance for the Year Ended June 30, 2022

Independent Non-Executive Director recently bought AU$52k worth of stock

These 4 Measures Indicate That Peet (ASX:PPC) Is Using Debt Extensively

Insufficient new directors

Upcoming dividend of AU$0.022 per share

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Peet Limited Announces Ordinary Dividend for the Period of Six Months Ended 31 December 2021, Payable 14 April 2022

Peet Limited (ASX:PPC) agreed to acquire 50% stake in Flagstone City project in Queensland from Spirit Super for AUD 67.2 million.

Full year 2021 earnings released: EPS AU$0.059 (vs AU$0.062 loss in FY 2020)

Peet Limited Provides Earnings Guidance for the Year Ended 30 June 2021

Is Peet Limited's (ASX:PPC) 1.2% Dividend Sustainable?

Peet (ASX:PPC) Use Of Debt Could Be Considered Risky

Upcoming Dividend of AU$0.01 Per Share

First half 2021 earnings released: EPS AU$0.021 (vs AU$0.01 in 1H 2020)

Did You Participate In Any Of Peet's (ASX:PPC) Respectable 50% Return?

Read This Before Buying Peet Limited (ASX:PPC) Shares

New 90-day high: AU$1.23

How Much Is Peet Limited (ASX:PPC) CEO Getting Paid?

Peet (ASX:PPC) Takes On Some Risk With Its Use Of Debt

New 90-day high: AU$1.27

Price target lowered to AU$1.01

New 90-day high - AU$1.15

Full year earnings released - AU$0.062 loss per share

New 90-day high - AU$1.00

What Is The Ownership Structure Like For Peet Limited (ASX:PPC)?

Peet Limited's (ASX:PPC) Intrinsic Value Is Potentially 86% Above Its Share Price

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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