Piraeus Port Authority S.A.
ATSE:PPA Stock Report
Piraeus Port Authority Balance Sheet Health
Financial Health criteria checks 6/6 Piraeus Port Authority has a total shareholder equity of €395.5M and total debt of €90.4M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are €644.0M and €248.5M respectively. Piraeus Port Authority's EBIT is €106.3M making its interest coverage ratio -34.8. It has cash and short-term investments of €209.1M.
Key information
22.9%
Debt to equity ratio
Interest coverage ratio -34.8x Cash €209.07m Equity €395.52m Total liabilities €248.51m Total assets €644.03m
Recent financial health updates
Show all updates
Price target increased by 54% to €35.40 Nov 07
Now 20% undervalued Nov 06
Third quarter 2024 earnings released Nov 01
Piraeus Port Authority S.A. to Report Nine Months, 2024 Results on Oct 31, 2024 Oct 31
Second quarter 2024 earnings released Sep 29
Now 20% overvalued after recent price rise Sep 20
Piraeus Port Authority S.A. to Report First Half, 2024 Results on Sep 27, 2024 Sep 01
Upcoming dividend of €1.34 per share Jul 22
First quarter 2024 earnings released Jun 04
Piraeus Port Authority (ATH:PPA) Seems To Use Debt Rather Sparingly Jun 04
Full year 2023 earnings released: EPS: €2.67 (vs €2.12 in FY 2022) Apr 03
Dividend of €1.34 announced Mar 31
Piraeus Port Authority S.A. to Report Fiscal Year 2023 Results on Mar 29, 2024 Mar 07
Third quarter 2023 earnings released Oct 27
Piraeus Port Authority S.A. to Report Nine Months, 2023 Results on Oct 25, 2023 Oct 25
Second quarter 2023 earnings released Sep 28
Piraeus Port Authority S.A. to Report First Half, 2023 Results on Sep 29, 2023 Sep 01
Upcoming dividend of €1.04 per share at 4.6% yield Jul 31
Full year 2022 earnings released: EPS: €2.12 (vs €1.47 in FY 2021) Apr 02
Less than half of directors are independent Nov 16
First half 2022 earnings released: EPS: €1.04 (vs €0.60 in 1H 2021) Oct 02
Piraeus Port Authority S.A. to Report First Half, 2022 Results on Sep 26, 2022 Sep 01
Upcoming dividend of €0.63 per share Jul 18
Piraeus Port Authority S.A., Annual General Meeting, Jul 13, 2022 Jul 01
Less than half of directors are independent Apr 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Mar 15
Piraeus Port Authority S.A. to Report Fiscal Year 2021 Results on Mar 14, 2022 Mar 04
Now 20% undervalued after recent price drop Mar 01
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Nov 27
First half 2021 earnings released: EPS €0.60 (vs €0.62 in 1H 2020) Oct 01
Upcoming dividend of €0.40 per share Jul 19
Here's Why Piraeus Port Authority (ATH:PPA) Can Manage Its Debt Responsibly Mar 19
New 90-day high: €21.20 Mar 11
Can You Imagine How Piraeus Port Authority's (ATH:PPA) Shareholders Feel About The 68% Share Price Increase? Mar 01
Full year 2020 earnings released: EPS €1.06 (vs €1.42 in FY 2019) Feb 24
Revenue beats expectations Feb 24
Piraeus Port Authority S.A.'s (ATH:PPA) Stock Been Rising: Are Strong Financials Guiding The Market? Feb 05
Will the Promising Trends At Piraeus Port Authority (ATH:PPA) Continue? Jan 18
Is Piraeus Port Authority S.A. (ATH:PPA) A Smart Pick For Income Investors? Dec 29
Is Piraeus Port Authority (ATH:PPA) A Risky Investment? Dec 14
New 90-day high: €19.56 Dec 09
How Much Of Piraeus Port Authority S.A. (ATH:PPA) Do Institutions Own? Nov 25
New 90-day high: €18.20 Nov 09
New 90-day high: €17.56 Oct 07
First half earnings released Oct 01
New 90-day low - €16.00 Aug 10
Upcoming Dividend of €0.54 Per Share Jul 20
Financial Position Analysis
Short Term Liabilities: PPA's short term assets (€242.8M) exceed its short term liabilities (€74.5M).
Long Term Liabilities: PPA's short term assets (€242.8M) exceed its long term liabilities (€174.0M).
Debt to Equity History and Analysis
Debt Level: PPA has more cash than its total debt.
Reducing Debt: PPA's debt to equity ratio has reduced from 24.2% to 22.9% over the past 5 years.
Debt Coverage: PPA's debt is well covered by operating cash flow (122.3%).
Interest Coverage: PPA earns more interest than it pays, so coverage of interest payments is not a concern.
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