Plasson Industries Balance Sheet Health
Financial Health criteria checks 6/6
Plasson Industries has a total shareholder equity of ₪1.2B and total debt of ₪507.7M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are ₪2.2B and ₪992.9M respectively. Plasson Industries's EBIT is ₪173.4M making its interest coverage ratio 4.4. It has cash and short-term investments of ₪265.6M.
Key information
43.0%
Debt to equity ratio
₪507.73m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₪265.60m |
| Equity | ₪1.18b |
| Total liabilities | ₪992.87m |
| Total assets | ₪2.17b |
Recent financial health updates
Plasson Industries (TLV:PLSN) Has A Pretty Healthy Balance Sheet
Nov 06
These 4 Measures Indicate That Plasson Industries (TLV:PLSN) Is Using Debt Extensively
May 04Does Plasson Industries (TLV:PLSN) Have A Healthy Balance Sheet?
Aug 26Is Plasson Industries (TLV:PLSN) Using Too Much Debt?
May 11Is Plasson Industries (TLV:PLSN) A Risky Investment?
Jan 21
Recent updates
Plasson Industries (TLV:PLSN) Has A Pretty Healthy Balance Sheet
Nov 06These 4 Measures Indicate That Plasson Industries (TLV:PLSN) Is Using Debt Extensively
May 04Plasson Industries (TLV:PLSN) Is Doing The Right Things To Multiply Its Share Price
May 30A Look At The Intrinsic Value Of Plasson Industries Ltd (TLV:PLSN)
Jan 09Returns At Plasson Industries (TLV:PLSN) Are On The Way Up
Dec 21Does Plasson Industries (TLV:PLSN) Have A Healthy Balance Sheet?
Aug 26Is Plasson Industries (TLV:PLSN) Using Too Much Debt?
May 11Plasson Industries (TLV:PLSN) Has Some Way To Go To Become A Multi-Bagger
Apr 07Plasson Industries Ltd's (TLV:PLSN) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Mar 16Should You Or Shouldn't You: A Dividend Analysis on Plasson Industries Ltd (TLV:PLSN)
Feb 25Shareholders Of Plasson Industries (TLV:PLSN) Must Be Happy With Their 121% Total Return
Feb 05Is Plasson Industries (TLV:PLSN) A Risky Investment?
Jan 21Should You Be Impressed By Plasson Industries' (TLV:PLSN) Returns on Capital?
Jan 06We're Not Counting On Plasson Industries (TLV:PLSN) To Sustain Its Statutory Profitability
Dec 22Plasson Industries Ltd's (TLV:PLSN) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Dec 09Does Plasson Industries Ltd (TLV:PLSN) Have A Place In Your Dividend Portfolio?
Nov 26Financial Position Analysis
Short Term Liabilities: PLSN's short term assets (₪1.3B) exceed its short term liabilities (₪666.2M).
Long Term Liabilities: PLSN's short term assets (₪1.3B) exceed its long term liabilities (₪326.7M).
Debt to Equity History and Analysis
Debt Level: PLSN's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: PLSN's debt to equity ratio has reduced from 74.1% to 43% over the past 5 years.
Debt Coverage: PLSN's debt is well covered by operating cash flow (55.9%).
Interest Coverage: PLSN's interest payments on its debt are well covered by EBIT (4.4x coverage).