Pilgrim's Pride Balance Sheet Health
Financial Health criteria checks 6/6
Pilgrim's Pride has a total shareholder equity of $4.2B and total debt of $3.2B, which brings its debt-to-equity ratio to 75.4%. Its total assets and total liabilities are $10.7B and $6.5B respectively. Pilgrim's Pride's EBIT is $1.5B making its interest coverage ratio 12.5. It has cash and short-term investments of $1.9B.
Key information
75.4%
Debt to equity ratio
US$3.18b
Debt
| Interest coverage ratio | 12.5x |
| Cash | US$1.89b |
| Equity | US$4.22b |
| Total liabilities | US$6.48b |
| Total assets | US$10.70b |
Recent financial health updates
We Think Pilgrim's Pride (NASDAQ:PPC) Can Stay On Top Of Its Debt
Sep 30
Pilgrim's Pride (NASDAQ:PPC) Has A Somewhat Strained Balance Sheet
Jun 24Does Pilgrim's Pride (NASDAQ:PPC) Have A Healthy Balance Sheet?
Mar 15Recent updates
Here's Why Pilgrim's Pride (NASDAQ:PPC) Has Caught The Eye Of Investors
Dec 09Analyst Estimates: Here's What Brokers Think Of Pilgrim's Pride Corporation (NASDAQ:PPC) After Its Third-Quarter Report
Nov 03What Is Pilgrim's Pride Corporation's (NASDAQ:PPC) Share Price Doing?
Oct 26Pilgrim's Pride: Windfall Profits From Soybean Slump Will Not Likely Last
Oct 15Pilgrim's Pride Corporation (NASDAQ:PPC) Shares Could Be 49% Below Their Intrinsic Value Estimate
Oct 14We Think Pilgrim's Pride (NASDAQ:PPC) Can Stay On Top Of Its Debt
Sep 30Pilgrim's Pride: A Free Cash Flow Machine Breaking Out
Sep 15At High Prices, Pilgrim's Pride Offers Little To New Investors
Sep 09Improved Earnings Required Before Pilgrim's Pride Corporation (NASDAQ:PPC) Shares Find Their Feet
Sep 05Investors Will Want Pilgrim's Pride's (NASDAQ:PPC) Growth In ROCE To Persist
Aug 24With EPS Growth And More, Pilgrim's Pride (NASDAQ:PPC) Makes An Interesting Case
Jul 11Pilgrim's Pride (NASDAQ:PPC) Has A Somewhat Strained Balance Sheet
Jun 24Returns At Pilgrim's Pride (NASDAQ:PPC) Are On The Way Up
May 24The Strong Earnings Posted By Pilgrim's Pride (NASDAQ:PPC) Are A Good Indication Of The Strength Of The Business
May 09Pilgrim'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 03Pilgrim'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 06Pilgrim's Pride Corporation 2021 Q1 - Results - Earnings Call Presentation
Apr 30Pilgrim's Pride settles antitrust case
Jan 11Pilgrim's Pride gains after BofA points to multiple drivers
Jan 06Pilgrim's Pride: A Risky Recovery Play
Dec 14Pilgrim's Pride Has More Upside Than Risk
Nov 16Pilgrim's Pride EPS beats by $0.34, misses on revenue
Nov 11Financial Position Analysis
Short Term Liabilities: PPC's short term assets ($5.1B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: PPC's short term assets ($5.1B) exceed its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: PPC's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: PPC's debt to equity ratio has reduced from 98.9% to 75.4% over the past 5 years.
Debt Coverage: PPC's debt is well covered by operating cash flow (60.3%).
Interest Coverage: PPC's interest payments on its debt are well covered by EBIT (12.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 09:02 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pilgrim's Pride Corporation is covered by 22 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Benjamin Theurer | Barclays |
| Andrew Strelzik | BMO Capital Markets Equity Research |