PPC Balance Sheet Health
Financial Health criteria checks 6/6
PPC has a total shareholder equity of ZAR5.9B and total debt of ZAR779.0M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ZAR9.6B and ZAR3.7B respectively. PPC's EBIT is ZAR618.0M making its interest coverage ratio 7.7. It has cash and short-term investments of ZAR857.0M.
Key information
13.2%
Debt to equity ratio
R779.00m
Debt
Interest coverage ratio | 7.7x |
Cash | R857.00m |
Equity | R5.90b |
Total liabilities | R3.66b |
Total assets | R9.56b |
Recent financial health updates
Auditors Are Concerned About PPC (JSE:PPC)
Jun 26Is 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 (ZAR2.0B).
Long Term Liabilities: PPC's short term assets (ZAR3.2B) exceed its long term liabilities (ZAR1.6B).
Debt to Equity History and Analysis
Debt Level: PPC has more cash than its total debt.
Reducing Debt: PPC's debt to equity ratio has reduced from 54.4% to 13.2% over the past 5 years.
Debt Coverage: PPC's debt is well covered by operating cash flow (103.5%).
Interest Coverage: PPC's interest payments on its debt are well covered by EBIT (7.7x coverage).