PPC Balance Sheet Health
Financial Health criteria checks 6/6
PPC has a total shareholder equity of ZAR5.3B and total debt of ZAR501.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ZAR8.6B and ZAR3.3B respectively. PPC's EBIT is ZAR653.0M making its interest coverage ratio 12.6. It has cash and short-term investments of ZAR298.0M.
Key information
9.4%
Debt to equity ratio
R501.00m
Debt
| Interest coverage ratio | 12.6x |
| Cash | R298.00m |
| Equity | R5.32b |
| Total liabilities | R3.31b |
| Total assets | R8.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPCL.Y's short term assets (ZAR2.6B) exceed its short term liabilities (ZAR1.5B).
Long Term Liabilities: PPCL.Y's short term assets (ZAR2.6B) exceed its long term liabilities (ZAR1.9B).
Debt to Equity History and Analysis
Debt Level: PPCL.Y's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: PPCL.Y's debt to equity ratio has reduced from 69.2% to 9.4% over the past 5 years.
Debt Coverage: PPCL.Y's debt is well covered by operating cash flow (125%).
Interest Coverage: PPCL.Y's interest payments on its debt are well covered by EBIT (12.6x coverage).