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
Does Pilgrim's Pride (NASDAQ:PPC) Have A Healthy Balance Sheet?
Mar 15
Is Pilgrim's Pride (NASDAQ:PPC) Using Too Much Debt?
Nov 22Pilgrim's Pride (NASDAQ:PPC) Seems To Be Using A Lot Of Debt
Aug 14These 4 Measures Indicate That Pilgrim's Pride (NASDAQ:PPC) Is Using Debt Extensively
Jun 21We Think Pilgrim's Pride (NASDAQ:PPC) Is Taking Some Risk With Its Debt
Mar 23Recent updates
Pilgrim's Pride Corporation's (NASDAQ:PPC) CEO Looks Due For A Compensation Raise
Apr 25Pilgrim's Pride: Soft Top-Line Growth Continues To Pressurise Earnings
Apr 16Does Pilgrim's Pride (NASDAQ:PPC) Have A Healthy Balance Sheet?
Mar 15Capital Allocation Trends At Pilgrim's Pride (NASDAQ:PPC) Aren't Ideal
Feb 14With Pilgrim's Pride Corporation (NASDAQ:PPC) It Looks Like You'll Get What You Pay For
Jan 03Is Pilgrim's Pride (NASDAQ:PPC) Using Too Much Debt?
Nov 22Pilgrim's Pride (NASDAQ:PPC) Might Be Having Difficulty Using Its Capital Effectively
Sep 27Pilgrim's Pride (NASDAQ:PPC) Seems To Be Using A Lot Of Debt
Aug 14Pilgrim's Pride: Decent Intrinsic Value At Almost The Right Price
Oct 11Pilgrim's Pride Non-GAAP EPS of $1.54 beats by $0.38, revenue of $4.63B beats by $240M
Jul 28Pilgrim's Pride: Growing Sales At A Sizzling Price
May 10How To Play A Developing Chicken Shortage: Pilgrim's Pride
Jul 06These 4 Measures Indicate That Pilgrim's Pride (NASDAQ:PPC) Is Using Debt Extensively
Jun 21Pilgrim's Pride (NASDAQ:PPC) Could Be Struggling To Allocate Capital
Jun 05Is It Time To Consider Buying Pilgrim's Pride Corporation (NASDAQ:PPC)?
May 06Pilgrim's Pride Corporation 2021 Q1 - Results - Earnings Call Presentation
Apr 30We Think Pilgrim's Pride (NASDAQ:PPC) Is Taking Some Risk With Its Debt
Mar 23An Intrinsic Calculation For Pilgrim's Pride Corporation (NASDAQ:PPC) Suggests It's 27% Undervalued
Mar 05Will Pilgrim's Pride (NASDAQ:PPC) Multiply In Value Going Forward?
Feb 15What Pilgrim's Pride Corporation's (NASDAQ:PPC) ROE Can Tell Us
Feb 01Is Now The Time To Look At Buying Pilgrim's Pride Corporation (NASDAQ:PPC)?
Jan 18Pilgrim's Pride settles antitrust case
Jan 11Pilgrim's Pride gains after BofA points to multiple drivers
Jan 06Should You Review Recent Insider Transactions At Pilgrim's Pride Corporation (NASDAQ:PPC)?
Jan 04
Reflecting on Pilgrim's Pride's (NASDAQ:PPC) Share Price Returns Over The Last Year
Dec 21Pilgrim's Pride: A Risky Recovery Play
Dec 14We're Not Counting On Pilgrim's Pride (NASDAQ:PPC) To Sustain Its Statutory Profitability
Dec 07Pilgrim's Pride Has More Upside Than Risk
Nov 16Pilgrim's Pride EPS beats by $0.34, misses on revenue
Nov 11Pilgrim's Pride EPS beats by $0.27, beats on revenue
Oct 28Financial Position Analysis
Short Term Liabilities: PPC's short term assets ($4.2B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: PPC's short term assets ($4.2B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: PPC's net debt to equity ratio (79%) is considered high.
Reducing Debt: PPC's debt to equity ratio has reduced from 111.5% to 99.8% over the past 5 years.
Debt Coverage: PPC's debt is well covered by operating cash flow (20.3%).
Interest Coverage: PPC's interest payments on its debt are well covered by EBIT (3.6x coverage).