Pollen Street Group Balance Sheet Health
Financial Health criteria checks 3/6
Pollen Street Group has a total shareholder equity of £585.5M and total debt of £129.8M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are £743.6M and £158.1M respectively. Pollen Street Group's EBIT is £67.3M making its interest coverage ratio 2.4. It has cash and short-term investments of £29.7M.
Key information
22.2%
Debt to equity ratio
UK£129.80m
Debt
| Interest coverage ratio | 2.4x |
| Cash | UK£29.73m |
| Equity | UK£585.54m |
| Total liabilities | UK£158.05m |
| Total assets | UK£743.59m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: POLN's short term assets (£54.9M) do not cover its short term liabilities (£66.1M).
Long Term Liabilities: POLN's short term assets (£54.9M) do not cover its long term liabilities (£92.0M).
Debt to Equity History and Analysis
Debt Level: POLN's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: POLN's debt to equity ratio has reduced from 49.4% to 22.2% over the past 5 years.
Debt Coverage: POLN's debt is well covered by operating cash flow (137.8%).
Interest Coverage: POLN's interest payments on its debt are not well covered by EBIT (2.4x coverage).