Press Balance Sheet Health
Financial Health criteria checks 4/6
Press has a total shareholder equity of MWK332.0B and total debt of MWK121.9B, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are MWK1,365.3B and MWK1,033.3B respectively. Press's EBIT is MWK72.6B making its interest coverage ratio 5.2. It has cash and short-term investments of MWK538.5B.
Key information
36.7%
Debt to equity ratio
MK121.85b
Debt
Interest coverage ratio | 5.2x |
Cash | MK538.53b |
Equity | MK331.98b |
Total liabilities | MK1.03t |
Total assets | MK1.37t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCL's short term assets (MWK698.2B) do not cover its short term liabilities (MWK976.0B).
Long Term Liabilities: PCL's short term assets (MWK698.2B) exceed its long term liabilities (MWK57.3B).
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 increased from 32.8% to 36.7% over the past 5 years.
Debt Coverage: PCL's debt is well covered by operating cash flow (198.2%).
Interest Coverage: PCL's interest payments on its debt are well covered by EBIT (5.2x coverage).