Pick n Pay Stores Balance Sheet Health
Financial Health criteria checks 1/6
Pick n Pay Stores has a total shareholder equity of ZAR2.9B and total debt of ZAR7.2B, which brings its debt-to-equity ratio to 251.6%. Its total assets and total liabilities are ZAR46.0B and ZAR43.1B respectively. Pick n Pay Stores's EBIT is ZAR1.0B making its interest coverage ratio 0.4. It has cash and short-term investments of ZAR5.0B.
Key information
251.6%
Debt to equity ratio
R7.25b
Debt
| Interest coverage ratio | 0.4x |
| Cash | R4.95b |
| Equity | R2.88b |
| Total liabilities | R43.13b |
| Total assets | R46.01b |
Recent financial health updates
Recent updates
Pick n Pay Stores Limited (JSE:PIK) Soars 25% But It's A Story Of Risk Vs Reward
Oct 08
Be Wary Of Pick n Pay Stores (JSE:PIK) And Its Returns On Capital
Sep 24Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt
Aug 03Pick n Pay Stores' (JSE:PIK) Returns On Capital Not Reflecting Well On The Business
Mar 25Pick n Pay Stores Limited (JSE:PIK) Is Yielding 4.0% - But Is It A Buy?
Feb 23Here's Why Pick n Pay Stores' (JSE:PIK) Statutory Earnings Are Arguably Too Conservative
Feb 09How Much Of Pick n Pay Stores Limited (JSE:PIK) Do Institutions Own?
Jan 28Pick n Pay Stores Limited (JSE:PIK) Insiders Increased Their Holdings
Jan 04
Here's What To Make Of Pick n Pay Stores' (JSE:PIK) Returns On Capital
Dec 21Financial Position Analysis
Short Term Liabilities: PIK's short term assets (ZAR20.1B) do not cover its short term liabilities (ZAR22.5B).
Long Term Liabilities: PIK's short term assets (ZAR20.1B) do not cover its long term liabilities (ZAR20.6B).
Debt to Equity History and Analysis
Debt Level: PIK's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: PIK's debt to equity ratio has increased from 116.3% to 251.6% over the past 5 years.
Debt Coverage: PIK's debt is well covered by operating cash flow (22.2%).
Interest Coverage: PIK's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:05 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/08/25 |
| Annual Earnings | 2024/02/25 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pick n Pay Stores Limited is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Victor Dima | Arqaam Capital Research Offshore S.A.L. |
| Michael de Nobrega | Avior Capital Markets |
| Katherine Davey | Barclays |