Mr Price Group Balance Sheet Health
Financial Health criteria checks 5/6
Mr Price Group has a total shareholder equity of ZAR14.0B and total debt of ZAR417.0M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ZAR29.1B and ZAR15.1B respectively. Mr Price Group's EBIT is ZAR4.9B making its interest coverage ratio 7.3. It has cash and short-term investments of ZAR1.5B.
Key information
3.0%
Debt to equity ratio
R417.00m
Debt
| Interest coverage ratio | 7.3x |
| Cash | R1.46b |
| Equity | R14.00b |
| Total liabilities | R15.12b |
| Total assets | R29.12b |
Recent financial health updates
Recent updates
Is There Now An Opportunity In Mr Price Group Limited (JSE:MRP)?
Apr 04
Here's Why Mr Price Group (JSE:MRP) Can Manage Its Debt Responsibly
Jan 15Risks To Shareholder Returns Are Elevated At These Prices For Mr Price Group Limited (JSE:MRP)
Dec 28Mr Price Group (JSE:MRP) Is Paying Out Less In Dividends Than Last Year
Nov 29Some Shareholders Feeling Restless Over Mr Price Group Limited's (JSE:MRP) P/E Ratio
Aug 04Mr Price Group (JSE:MRP) Has Announced That Its Dividend Will Be Reduced To ZAR4.47
Jul 02Mr Price Group (JSE:MRP) Could Be Struggling To Allocate Capital
Jun 25Financial Position Analysis
Short Term Liabilities: MRP's short term assets (ZAR12.3B) exceed its short term liabilities (ZAR8.3B).
Long Term Liabilities: MRP's short term assets (ZAR12.3B) exceed its long term liabilities (ZAR6.8B).
Debt to Equity History and Analysis
Debt Level: MRP has more cash than its total debt.
Reducing Debt: MRP's debt to equity ratio has increased from 0.1% to 3% over the past 5 years.
Debt Coverage: MRP's debt is well covered by operating cash flow (1766.2%).
Interest Coverage: MRP's interest payments on its debt are well covered by EBIT (7.3x coverage).