Polytec Holding Balance Sheet Health
Financial Health criteria checks 4/6
Polytec Holding has a total shareholder equity of €218.1M and total debt of €160.3M, which brings its debt-to-equity ratio to 73.5%. Its total assets and total liabilities are €531.5M and €313.4M respectively.
Key information
73.5%
Debt to equity ratio
€160.26m
Debt
Interest coverage ratio | n/a |
Cash | €46.59m |
Equity | €218.05m |
Total liabilities | €313.43m |
Total assets | €531.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P4N's short term assets (€258.6M) exceed its short term liabilities (€185.9M).
Long Term Liabilities: P4N's short term assets (€258.6M) exceed its long term liabilities (€127.5M).
Debt to Equity History and Analysis
Debt Level: P4N's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: P4N's debt to equity ratio has reduced from 89.7% to 73.5% over the past 5 years.
Debt Coverage: P4N's debt is well covered by operating cash flow (26.4%).
Interest Coverage: Insufficient data to determine if P4N's interest payments on its debt are well covered by EBIT.