PPC Balance Sheet Health
Financial Health criteria checks 6/6
PPC has a total shareholder equity of ZAR6.7B and total debt of ZAR1.0B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are ZAR10.9B and ZAR4.2B respectively. PPC's EBIT is ZAR858.0M making its interest coverage ratio 6.6. It has cash and short-term investments of ZAR640.0M.
Key information
15.3%
Debt to equity ratio
R1.02b
Debt
| Interest coverage ratio | 6.6x |
| Cash | R640.00m |
| Equity | R6.69b |
| Total liabilities | R4.16b |
| Total assets | R10.85b |
Recent financial health updates
Auditors Are Concerned About PPC (JSE:PPC)
Jun 26
Is PPC (JSE:PPC) Using Too Much Debt?
Mar 26PPC (JSE:PPC) Takes On Some Risk With Its Use Of Debt
Dec 11Recent updates
Here's What To Make Of PPC's (JSE:PPC) Decelerating Rates Of Return
Sep 21Auditors Are Concerned About PPC (JSE:PPC)
Jun 26Is PPC (JSE:PPC) Using Too Much Debt?
Mar 26How Much Did PPC's(JSE:PPC) Shareholders Earn From Share Price Movements Over The Last Five Years?
Feb 19How Much Of PPC Ltd (JSE:PPC) Do Institutions Own?
Jan 15PPC (JSE:PPC) Takes On Some Risk With Its Use Of Debt
Dec 11Financial Position Analysis
Short Term Liabilities: PPC's short term assets (ZAR3.2B) exceed its short term liabilities (ZAR1.9B).
Long Term Liabilities: PPC's short term assets (ZAR3.2B) exceed its long term liabilities (ZAR2.2B).
Debt to Equity History and Analysis
Debt Level: PPC's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: PPC's debt to equity ratio has reduced from 58.5% to 15.3% over the past 5 years.
Debt Coverage: PPC's debt is well covered by operating cash flow (108.1%).
Interest Coverage: PPC's interest payments on its debt are well covered by EBIT (6.6x coverage).