Purple Group Balance Sheet Health
Financial Health criteria checks 4/6
Purple Group has a total shareholder equity of ZAR692.0M and total debt of ZAR1.2M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ZAR1.0B and ZAR338.9M respectively.
Key information
0.2%
Debt to equity ratio
R1.19m
Debt
| Interest coverage ratio | n/a |
| Cash | R332.88m |
| Equity | R692.01m |
| Total liabilities | R338.88m |
| Total assets | R1.03b |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On Purple Group Limited (JSE:PPE)
Oct 08
Market Participants Recognise Purple Group Limited's (JSE:PPE) Revenues Pushing Shares 32% Higher
Apr 17Announcing: Purple Group (JSE:PPE) Stock Increased An Energizing 189% In The Last Three Years
Mar 02A Quick Analysis On Purple Group's (JSE:PPE) CEO Compensation
Jan 09Financial Position Analysis
Short Term Liabilities: PPE's short term assets (ZAR419.8M) exceed its short term liabilities (ZAR330.2M).
Long Term Liabilities: PPE's short term assets (ZAR419.8M) exceed its long term liabilities (ZAR8.7M).
Debt to Equity History and Analysis
Debt Level: PPE has more cash than its total debt.
Reducing Debt: PPE's debt to equity ratio has reduced from 20.4% to 0.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if PPE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PPE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.