Putprop Balance Sheet Health
Financial Health criteria checks 1/6
Putprop has a total shareholder equity of ZAR707.5M and total debt of ZAR458.5M, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are ZAR1.2B and ZAR519.7M respectively. Putprop's EBIT is ZAR85.0M making its interest coverage ratio 1.9. It has cash and short-term investments of ZAR17.6M.
Key information
64.8%
Debt to equity ratio
R458.49m
Debt
| Interest coverage ratio | 1.9x |
| Cash | R17.64m |
| Equity | R707.45m |
| Total liabilities | R519.71m |
| Total assets | R1.23b |
Recent financial health updates
Is Putprop (JSE:PPR) A Risky Investment?
Mar 08
Putprop (JSE:PPR) Takes On Some Risk With Its Use Of Debt
Jun 23Putprop (JSE:PPR) Seems To Be Using A Lot Of Debt
May 19Recent updates
We Think Some Shareholders May Hesitate To Increase Putprop Limited's (JSE:PPR) CEO Compensation
Oct 30Why Putprop's (JSE:PPR) Earnings Are Weaker Than They Seem
Sep 08Putprop's (JSE:PPR) Dividend Will Be Increased To ZAR0.085
Sep 02Is Putprop (JSE:PPR) A Risky Investment?
Mar 08Here's Why Putprop Limited's (JSE:PPR) CEO Might See A Pay Rise Soon
Nov 02Putprop (JSE:PPR) Is Increasing Its Dividend To ZAR0.07
Sep 18Putprop (JSE:PPR) Takes On Some Risk With Its Use Of Debt
Jun 23We Ran A Stock Scan For Earnings Growth And Putprop (JSE:PPR) Passed With Ease
Dec 21Most Shareholders Will Probably Agree With Putprop Limited's (JSE:PPR) CEO Compensation
Oct 28Statutory Profit Doesn't Reflect How Good Putprop's (JSE:PPR) Earnings Are
Sep 29Putprop Limited's (JSE:PPR) Shares Climb 30% But Its Business Is Yet to Catch Up
Aug 30Putprop (JSE:PPR) Seems To Be Using A Lot Of Debt
May 19Investors In Putprop Limited (JSE:PPR) Should Consider This, First
Jan 26How Much Is Putprop Limited (JSE:PPR) Paying Its CEO?
Dec 01Financial Position Analysis
Short Term Liabilities: PPR's short term assets (ZAR172.4M) do not cover its short term liabilities (ZAR370.1M).
Long Term Liabilities: PPR's short term assets (ZAR172.4M) exceed its long term liabilities (ZAR149.6M).
Debt to Equity History and Analysis
Debt Level: PPR's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: PPR's debt to equity ratio has increased from 24.9% to 64.8% over the past 5 years.
Debt Coverage: PPR's debt is not well covered by operating cash flow (10%).
Interest Coverage: PPR's interest payments on its debt are not well covered by EBIT (1.9x coverage).