PPC Balance Sheet Health
Financial Health criteria checks 6/6
PPC has a total shareholder equity of ZAR6.7B and total debt of ZAR1.0B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are ZAR10.9B and ZAR4.2B respectively. PPC's EBIT is ZAR858.0M making its interest coverage ratio 6.6. It has cash and short-term investments of ZAR640.0M.
Key information
15.3%
Debt to equity ratio
R1.02b
Debt
Interest coverage ratio | 6.6x |
Cash | R640.00m |
Equity | R6.69b |
Total liabilities | R4.16b |
Total assets | R10.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPCL.Y's short term assets (ZAR3.2B) exceed its short term liabilities (ZAR1.9B).
Long Term Liabilities: PPCL.Y's short term assets (ZAR3.2B) exceed its long term liabilities (ZAR2.2B).
Debt to Equity History and Analysis
Debt Level: PPCL.Y's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: PPCL.Y's debt to equity ratio has reduced from 58.5% to 15.3% over the past 5 years.
Debt Coverage: PPCL.Y's debt is well covered by operating cash flow (108.1%).
Interest Coverage: PPCL.Y's interest payments on its debt are well covered by EBIT (6.6x coverage).