Polytec Holding Balance Sheet Health
Financial Health criteria checks 3/6
Polytec Holding has a total shareholder equity of €237.1M and total debt of €161.0M, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are €551.2M and €314.1M respectively. Polytec Holding's EBIT is €379.0K making its interest coverage ratio 0.1. It has cash and short-term investments of €55.1M.
Key information
67.9%
Debt to equity ratio
€161.02m
Debt
Interest coverage ratio | 0.1x |
Cash | €55.14m |
Equity | €237.09m |
Total liabilities | €314.10m |
Total assets | €551.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PYTV's short term assets (€244.7M) exceed its short term liabilities (€172.9M).
Long Term Liabilities: PYTV's short term assets (€244.7M) exceed its long term liabilities (€141.2M).
Debt to Equity History and Analysis
Debt Level: PYTV's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: PYTV's debt to equity ratio has increased from 63.5% to 67.9% over the past 5 years.
Debt Coverage: PYTV's debt is well covered by operating cash flow (20.9%).
Interest Coverage: PYTV's interest payments on its debt are not well covered by EBIT (0.1x coverage).