Mr Price Group Balance Sheet Health
Financial Health criteria checks 5/6
Mr Price Group has a total shareholder equity of ZAR14.0B and total debt of ZAR417.0M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ZAR29.1B and ZAR15.1B respectively. Mr Price Group's EBIT is ZAR4.9B making its interest coverage ratio 7.3. It has cash and short-term investments of ZAR1.5B.
Key information
3.0%
Debt to equity ratio
R417.00m
Debt
Interest coverage ratio | 7.3x |
Cash | R1.46b |
Equity | R14.00b |
Total liabilities | R15.12b |
Total assets | R29.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRPZ.F's short term assets (ZAR12.3B) exceed its short term liabilities (ZAR8.3B).
Long Term Liabilities: MRPZ.F's short term assets (ZAR12.3B) exceed its long term liabilities (ZAR6.8B).
Debt to Equity History and Analysis
Debt Level: MRPZ.F has more cash than its total debt.
Reducing Debt: MRPZ.F's debt to equity ratio has increased from 0.1% to 3% over the past 5 years.
Debt Coverage: MRPZ.F's debt is well covered by operating cash flow (1766.2%).
Interest Coverage: MRPZ.F's interest payments on its debt are well covered by EBIT (7.3x coverage).