Pollen Street Group Balance Sheet Health
Financial Health criteria checks 6/6
Pollen Street Group has a total shareholder equity of £585.8M and total debt of £210.8M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are £823.7M and £237.9M respectively. Pollen Street Group's EBIT is £63.7M making its interest coverage ratio 3.3. It has cash and short-term investments of £19.7M.
Key information
36.0%
Debt to equity ratio
UK£210.76m
Debt
Interest coverage ratio | 3.3x |
Cash | UK£19.75m |
Equity | UK£585.83m |
Total liabilities | UK£237.85m |
Total assets | UK£823.68m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: POLN's short term assets (£273.6M) exceed its short term liabilities (£159.8M).
Long Term Liabilities: POLN's short term assets (£273.6M) exceed its long term liabilities (£78.0M).
Debt to Equity History and Analysis
Debt Level: POLN's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: POLN's debt to equity ratio has reduced from 47.2% to 36% over the past 5 years.
Debt Coverage: POLN's debt is well covered by operating cash flow (48.8%).
Interest Coverage: POLN's interest payments on its debt are well covered by EBIT (3.3x coverage).