Press Balance Sheet Health
Financial Health criteria checks 5/6
Press has a total shareholder equity of MWK453.0B and total debt of MWK74.4B, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are MWK1,771.5B and MWK1,318.5B respectively. Press's EBIT is MWK160.7B making its interest coverage ratio 9. It has cash and short-term investments of MWK586.0B.
Key information
16.4%
Debt to equity ratio
MK 74.41b
Debt
| Interest coverage ratio | 9x |
| Cash | MK 586.01b |
| Equity | MK 453.01b |
| Total liabilities | MK 1.32t |
| Total assets | MK 1.77t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCL's short term assets (MWK816.0B) do not cover its short term liabilities (MWK1,259.3B).
Long Term Liabilities: PCL's short term assets (MWK816.0B) exceed its long term liabilities (MWK59.2B).
Debt to Equity History and Analysis
Debt Level: PCL has more cash than its total debt.
Reducing Debt: PCL's debt to equity ratio has reduced from 27.8% to 16.4% over the past 5 years.
Debt Coverage: PCL's debt is well covered by operating cash flow (317.2%).
Interest Coverage: PCL's interest payments on its debt are well covered by EBIT (9x coverage).