PPL Balance Sheet Health

Financial Health criteria checks 1/6

PPL has a total shareholder equity of $13.9B and total debt of $15.7B, which brings its debt-to-equity ratio to 112.5%. Its total assets and total liabilities are $39.2B and $25.3B respectively. PPL's EBIT is $1.8B making its interest coverage ratio 2.8. It has cash and short-term investments of $331.0M.

Key information

112.5%

Debt to equity ratio

US$15.67b

Debt

Interest coverage ratio2.8x
CashUS$331.00m
EquityUS$13.93b
Total liabilitiesUS$25.30b
Total assetsUS$39.24b

Recent financial health updates

Recent updates

Market Participants Recognise PPL Corporation's (NYSE:PPL) Earnings

Apr 18
Market Participants Recognise PPL Corporation's (NYSE:PPL) Earnings

PPL Corporation: A Bright Outlook And Good Entry Point, Buy

Apr 03

PPL (NYSE:PPL) Has A Somewhat Strained Balance Sheet

Mar 20
PPL (NYSE:PPL) Has A Somewhat Strained Balance Sheet

Is Now The Time To Look At Buying PPL Corporation (NYSE:PPL)?

Feb 11
Is Now The Time To Look At Buying PPL Corporation (NYSE:PPL)?

Capital Allocation Trends At PPL (NYSE:PPL) Aren't Ideal

Dec 13
Capital Allocation Trends At PPL (NYSE:PPL) Aren't Ideal

PPL Corporation's Geographic Footprint Limits Upside

Dec 06

PPL Corporation (NYSE:PPL) Shares Could Be 34% Above Their Intrinsic Value Estimate

Nov 29
PPL Corporation (NYSE:PPL) Shares Could Be 34% Above Their Intrinsic Value Estimate

PPL (NYSE:PPL) Seems To Be Using A Lot Of Debt

Nov 03
PPL (NYSE:PPL) Seems To Be Using A Lot Of Debt

At US$23.82, Is It Time To Put PPL Corporation (NYSE:PPL) On Your Watch List?

Oct 20
At US$23.82, Is It Time To Put PPL Corporation (NYSE:PPL) On Your Watch List?

PPL: A Similar Story Again

Sep 25

PPL's (NYSE:PPL) Returns On Capital Not Reflecting Well On The Business

Sep 06
PPL's (NYSE:PPL) Returns On Capital Not Reflecting Well On The Business

Does This Valuation Of PPL Corporation (NYSE:PPL) Imply Investors Are Overpaying?

Aug 22
Does This Valuation Of PPL Corporation (NYSE:PPL) Imply Investors Are Overpaying?

PPL (NYSE:PPL) Use Of Debt Could Be Considered Risky

Jul 17
PPL (NYSE:PPL) Use Of Debt Could Be Considered Risky

PPL: A Growth-Rich Utility, But Near Fair Value, Neutral Chart

Jul 13

When Should You Buy PPL Corporation (NYSE:PPL)?

Jun 26
When Should You Buy PPL Corporation (NYSE:PPL)?

PPL's (NYSE:PPL) Returns On Capital Tell Us There Is Reason To Feel Uneasy

May 23
PPL's (NYSE:PPL) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Does PPL (NYSE:PPL) Have A Healthy Balance Sheet?

Mar 13
Does PPL (NYSE:PPL) Have A Healthy Balance Sheet?

PPL: Investors Seem Unconvinced By Business Transformation

Feb 21

PPL's (NYSE:PPL) Upcoming Dividend Will Be Larger Than Last Year's

Feb 20
PPL's (NYSE:PPL) Upcoming Dividend Will Be Larger Than Last Year's

PPL Corporation: Still Not Electrified After A Reasonable 2022

Feb 13

At US$29.60, Is PPL Corporation (NYSE:PPL) Worth Looking At Closely?

Feb 01
At US$29.60, Is PPL Corporation (NYSE:PPL) Worth Looking At Closely?

PPL Corp. stocks extends gains on report of activist Elliott stake in utility

Jan 11

PPL (NYSE:PPL) Could Be Struggling To Allocate Capital

Jan 11
PPL (NYSE:PPL) Could Be Struggling To Allocate Capital

PPL promotes Francis Sullivan to COO

Jan 05

A Look At The Intrinsic Value Of PPL Corporation (NYSE:PPL)

Dec 27
A Look At The Intrinsic Value Of PPL Corporation (NYSE:PPL)

PPL Corporation: Pricey Safety, It's A 'Hold' Here

Dec 07

Is PPL (NYSE:PPL) Using Too Much Debt?

Nov 24
Is PPL (NYSE:PPL) Using Too Much Debt?

PPL Q3 2022 Earnings Preview

Nov 03

Be Wary Of PPL (NYSE:PPL) And Its Returns On Capital

Oct 07
Be Wary Of PPL (NYSE:PPL) And Its Returns On Capital

PPL agrees to divest Safari Holdings

Sep 30

PPL: A Steady Utility With Upside Earnings Growth, But A Pricey Stock

Sep 23

PPL declares $0.225 dividend

Aug 26

Calculating The Intrinsic Value Of PPL Corporation (NYSE:PPL)

Aug 13
Calculating The Intrinsic Value Of PPL Corporation (NYSE:PPL)

PPL Corp. gains on activist speculation following 13-F filing

Aug 11

Financial Position Analysis

Short Term Liabilities: PPL's short term assets ($2.9B) do not cover its short term liabilities ($3.3B).

Long Term Liabilities: PPL's short term assets ($2.9B) do not cover its long term liabilities ($22.0B).


Debt to Equity History and Analysis

Debt Level: PPL's net debt to equity ratio (110.1%) is considered high.

Reducing Debt: PPL's debt to equity ratio has reduced from 189.8% to 112.5% over the past 5 years.

Debt Coverage: PPL's debt is not well covered by operating cash flow (11.2%).

Interest Coverage: PPL's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


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