Preformed Line Products Balance Sheet Health
Financial Health criteria checks 5/6
Preformed Line Products has a total shareholder equity of $416.2M and total debt of $62.3M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are $603.2M and $187.0M respectively. Preformed Line Products's EBIT is $84.8M making its interest coverage ratio 40.5. It has cash and short-term investments of $53.6M.
Key information
15.0%
Debt to equity ratio
US$62.25m
Debt
Interest coverage ratio | 40.5x |
Cash | US$53.61m |
Equity | US$416.16m |
Total liabilities | US$187.00m |
Total assets | US$603.15m |
Recent financial health updates
Does Preformed Line Products (NASDAQ:PLPC) Have A Healthy Balance Sheet?
Jul 13These 4 Measures Indicate That Preformed Line Products (NASDAQ:PLPC) Is Using Debt Reasonably Well
Aug 06Here's Why Preformed Line Products (NASDAQ:PLPC) Can Manage Its Debt Responsibly
May 11Is Preformed Line Products (NASDAQ:PLPC) Using Too Much Debt?
Jan 20Recent updates
Preformed Line Products: It Was Too Early To Buy, Now We Anticipate 2024 Results
Jan 22Preformed Line Products (NASDAQ:PLPC) Is Investing Its Capital With Increasing Efficiency
Oct 13We Ran A Stock Scan For Earnings Growth And Preformed Line Products (NASDAQ:PLPC) Passed With Ease
Sep 14Does Preformed Line Products (NASDAQ:PLPC) Have A Healthy Balance Sheet?
Jul 13Returns on Capital Paint A Bright Future For Preformed Line Products (NASDAQ:PLPC)
Jun 30The Return Trends At Preformed Line Products (NASDAQ:PLPC) Look Promising
Mar 03Preformed Line Products (NASDAQ:PLPC) Has Announced A Dividend Of $0.20
Jan 04Preformed Line acquires Delta Conectores to expand substation product offering
Oct 17Preformed Line Products (NASDAQ:PLPC) Is Due To Pay A Dividend Of $0.20
Sep 23Preformed Line Products declares $0.20 dividend
Sep 19Volume Breakout Report: August 13, 2022 (Technical Analysis)
Aug 14Robust Earnings May Not Tell The Whole Story For Preformed Line Products (NASDAQ:PLPC)
Aug 13These 4 Measures Indicate That Preformed Line Products (NASDAQ:PLPC) Is Using Debt Reasonably Well
Aug 06Preformed Line Products GAAP EPS of $2.77, revenue of $163.47M
Aug 04Palm Valley Capital Fund - Preformed Line Products: Consistently Positive Free Cash Flow
Apr 15Preformed Line Products (NASDAQ:PLPC) Has Announced A Dividend Of US$0.20
Apr 01Preformed Line Products (NASDAQ:PLPC) Will Pay A Dividend Of US$0.20
Sep 20Preformed Line Products' (NASDAQ:PLPC) Dividend Will Be US$0.20
Jun 24Preformed Line Products declares $0.20 dividend
Jun 18Returns At Preformed Line Products (NASDAQ:PLPC) Are On The Way Up
Jun 10Does Preformed Line Products (NASDAQ:PLPC) Deserve A Spot On Your Watchlist?
May 26Here's Why Preformed Line Products (NASDAQ:PLPC) Can Manage Its Debt Responsibly
May 11Shareholders May Not Be So Generous With Preformed Line Products Company's (NASDAQ:PLPC) CEO Compensation And Here's Why
Apr 28The Attractive Combination That Could Earn Preformed Line Products Company (NASDAQ:PLPC) A Place In Your Dividend Portfolio
Apr 19Have Insiders Been Buying Preformed Line Products Company (NASDAQ:PLPC) Shares?
Mar 15The Preformed Line Products (NASDAQ:PLPC) Share Price Is Up 106% And Shareholders Are Boasting About It
Mar 01Are Strong Financial Prospects The Force That Is Driving The Momentum In Preformed Line Products Company's NASDAQ:PLPC) Stock?
Feb 15I Ran A Stock Scan For Earnings Growth And Preformed Line Products (NASDAQ:PLPC) Passed With Ease
Feb 01Is Preformed Line Products (NASDAQ:PLPC) Using Too Much Debt?
Jan 20Here’s What’s Happening With Returns At Preformed Line Products (NASDAQ:PLPC)
Jan 08Is It Smart To Buy Preformed Line Products Company (NASDAQ:PLPC) Before It Goes Ex-Dividend?
Dec 27How Does Preformed Line Products Company (NASDAQ:PLPC) Fare As A Dividend Stock?
Dec 25Preformed Line Products declares $0.20 dividend
Dec 17Our Take On Preformed Line Products' (NASDAQ:PLPC) CEO Salary
Nov 30Financial Position Analysis
Short Term Liabilities: PLPC's short term assets ($324.8M) exceed its short term liabilities ($111.3M).
Long Term Liabilities: PLPC's short term assets ($324.8M) exceed its long term liabilities ($75.7M).
Debt to Equity History and Analysis
Debt Level: PLPC's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: PLPC's debt to equity ratio has increased from 14.2% to 15% over the past 5 years.
Debt Coverage: PLPC's debt is well covered by operating cash flow (172.9%).
Interest Coverage: PLPC's interest payments on its debt are well covered by EBIT (40.5x coverage).