Pick n Pay Stores Balance Sheet Health
Financial Health criteria checks 1/6
Pick n Pay Stores has a total shareholder equity of ZAR2.5B and total debt of ZAR8.5B, which brings its debt-to-equity ratio to 344.1%. Its total assets and total liabilities are ZAR46.8B and ZAR44.3B respectively. Pick n Pay Stores's EBIT is ZAR2.3B making its interest coverage ratio 1.4. It has cash and short-term investments of ZAR4.6B.
Key information
344.1%
Debt to equity ratio
R8.47b
Debt
Interest coverage ratio | 1.4x |
Cash | R4.63b |
Equity | R2.46b |
Total liabilities | R44.33b |
Total assets | R46.79b |
Recent financial health updates
Recent updates
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 04Here's What To Make Of Pick n Pay Stores' (JSE:PIK) Returns On Capital
Dec 21If You Had Bought Pick n Pay Stores' (JSE:PIK) Shares A Year Ago You Would Be Down 23%
Dec 09Pick n Pay Stores Limited (JSE:PIK) Will Pay A R1.92 Dividend In Four Days
Nov 27Financial Position Analysis
Short Term Liabilities: PIK's short term assets (ZAR19.6B) do not cover its short term liabilities (ZAR23.5B).
Long Term Liabilities: PIK's short term assets (ZAR19.6B) do not cover its long term liabilities (ZAR20.9B).
Debt to Equity History and Analysis
Debt Level: PIK's net debt to equity ratio (156%) is considered high.
Reducing Debt: PIK's debt to equity ratio has increased from 18% to 344.1% over the past 5 years.
Debt Coverage: PIK's debt is well covered by operating cash flow (52.8%).
Interest Coverage: PIK's interest payments on its debt are not well covered by EBIT (1.4x coverage).