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 (125%).
Interest Coverage: PPC's interest payments on its debt are well covered by EBIT (12.6x coverage).