PPG Industries Balance Sheet Health
Financial Health criteria checks 4/6
PPG Industries has a total shareholder equity of $8.1B and total debt of $6.3B, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are $21.9B and $13.7B respectively. PPG Industries's EBIT is $2.2B making its interest coverage ratio 26.1. It has cash and short-term investments of $1.2B.
Key information
77.1%
Debt to equity ratio
US$6.26b
Debt
| Interest coverage ratio | 26.1x |
| Cash | US$1.24b |
| Equity | US$8.13b |
| Total liabilities | US$13.74b |
| Total assets | US$21.87b |
Recent financial health updates
Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
Feb 20
Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
Nov 16PPG Industries (NYSE:PPG) Seems To Use Debt Quite Sensibly
Jul 15PPG Industries (NYSE:PPG) Has A Pretty Healthy Balance Sheet
Apr 06Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
Dec 29Is PPG Industries (NYSE:PPG) A Risky Investment?
Sep 30Recent updates
Returns On Capital At PPG Industries (NYSE:PPG) Have Hit The Brakes
Apr 15PPG Industries, Inc.'s (NYSE:PPG) Popularity With Investors Is Clear
Apr 01PPG Industries: Hold, The North American Strategic Review Is Risky
Mar 22Is It Time To Consider Buying PPG Industries, Inc. (NYSE:PPG)?
Mar 18Solid Earnings Reflect PPG Industries' (NYSE:PPG) Strength As A Business
Feb 22Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
Feb 20Do PPG Industries' (NYSE:PPG) Earnings Warrant Your Attention?
Jan 15Are Investors Undervaluing PPG Industries, Inc. (NYSE:PPG) By 22%?
Jan 03PPG Industries: Buy This Fairly Valued Dividend Aristocrat Now
Dec 30PPG Industries (NYSE:PPG) Has Some Way To Go To Become A Multi-Bagger
Dec 22What Is PPG Industries, Inc.'s (NYSE:PPG) Share Price Doing?
Dec 10Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
Nov 16PPG Industries: Replacing A Dividend King With Another
Oct 17Here's Why We Think PPG Industries (NYSE:PPG) Is Well Worth Watching
Oct 11Slowing Rates Of Return At PPG Industries (NYSE:PPG) Leave Little Room For Excitement
Sep 15PPG Industries, Inc.'s (NYSE:PPG) Intrinsic Value Is Potentially 30% Above Its Share Price
Sep 01PPG: Good Performance, But Not 'Outperformance'
Aug 31PPG Industries (NYSE:PPG) Is Increasing Its Dividend To $0.65
Aug 07PPG Industries' (NYSE:PPG) Upcoming Dividend Will Be Larger Than Last Year's
Jul 24PPG Industries (NYSE:PPG) Seems To Use Debt Quite Sensibly
Jul 15Is Now An Opportune Moment To Examine PPG Industries, Inc. (NYSE:PPG)?
Jul 03PPG Industries: Strong Market Position Brings Margin Expansion
Jun 22Some Investors May Be Worried About PPG Industries' (NYSE:PPG) Returns On Capital
Jun 09Do PPG Industries' (NYSE:PPG) Earnings Warrant Your Attention?
May 02Estimating The Intrinsic Value Of PPG Industries, Inc. (NYSE:PPG)
Apr 19PPG Industries (NYSE:PPG) Has A Pretty Healthy Balance Sheet
Apr 06Should You Investigate PPG Industries, Inc. (NYSE:PPG) At US$124?
Mar 23The Returns On Capital At PPG Industries (NYSE:PPG) Don't Inspire Confidence
Mar 10PPG Q4 2022 Earnings Preview
Jan 18A Look At The Fair Value Of PPG Industries, Inc. (NYSE:PPG)
Jan 12PPG Industries: Coatings Have Taken A Margin Cut
Jan 03Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
Dec 29Is Now The Time To Look At Buying PPG Industries, Inc. (NYSE:PPG)?
Dec 16PPG Industries' (NYSE:PPG) Returns On Capital Not Reflecting Well On The Business
Dec 01PPG names COO Tim Knavish as new CEO, stock surges ~14% after hours
Oct 19Is There An Opportunity With PPG Industries, Inc.'s (NYSE:PPG) 40% Undervaluation?
Oct 13Is PPG Industries (NYSE:PPG) A Risky Investment?
Sep 30Financial Position Analysis
Short Term Liabilities: PPG's short term assets ($7.7B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: PPG's short term assets ($7.7B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: PPG's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: PPG's debt to equity ratio has reduced from 105.1% to 77.1% over the past 5 years.
Debt Coverage: PPG's debt is well covered by operating cash flow (36.2%).
Interest Coverage: PPG's interest payments on its debt are well covered by EBIT (26.1x coverage).