Pilgrim's Pride Balance Sheet Health
Financial Health criteria checks 5/6
Pilgrim's Pride has a total shareholder equity of $3.3B and total debt of $3.3B, which brings its debt-to-equity ratio to 99.8%. Its total assets and total liabilities are $9.8B and $6.5B respectively. Pilgrim's Pride's EBIT is $605.0M making its interest coverage ratio 3.6. It has cash and short-term investments of $697.7M.
Key information
99.8%
Debt to equity ratio
US$3.34b
Debt
Interest coverage ratio | 3.6x |
Cash | US$697.75m |
Equity | US$3.34b |
Total liabilities | US$6.47b |
Total assets | US$9.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6PP's short term assets ($4.2B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: 6PP's short term assets ($4.2B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: 6PP's net debt to equity ratio (79%) is considered high.
Reducing Debt: 6PP's debt to equity ratio has reduced from 111.5% to 99.8% over the past 5 years.
Debt Coverage: 6PP's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 6PP's interest payments on its debt are well covered by EBIT (3.6x coverage).