PPC Balance Sheet Health
Financial Health criteria checks 6/6
PPC has a total shareholder equity of ZAR5.3B and total debt of ZAR501.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ZAR8.6B and ZAR3.3B respectively. PPC's EBIT is ZAR653.0M making its interest coverage ratio 12.6. It has cash and short-term investments of ZAR298.0M.
Key information
9.4%
Debt to equity ratio
R501.00m
Debt
| Interest coverage ratio | 12.6x |
| Cash | R298.00m |
| Equity | R5.32b |
| Total liabilities | R3.31b |
| Total assets | R8.64b |
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
What Does PPC Ltd's (JSE:PPC) Share Price Indicate?
Jul 26Here'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 (ZAR2.6B) exceed its short term liabilities (ZAR1.5B).
Long Term Liabilities: PPC's short term assets (ZAR2.6B) exceed its long term liabilities (ZAR1.9B).
Debt to Equity History and Analysis
Debt Level: PPC's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: PPC's debt to equity ratio has reduced from 69.2% to 9.4% over the past 5 years.
Debt Coverage: PPC's debt is well covered by operating cash flow (142.9%).
Interest Coverage: PPC's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
PPC Ltd is covered by 13 analysts. 1 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 |
|---|---|
| Gari Chigwedere | Avior Capital Markets |
| Rasia Naidoo | BofA Global Research |
| Adedayo Ayeni | BPI Capital Africa (Proprietary), Limited |