Plasson Industries Balance Sheet Health

Financial Health criteria checks 6/6

Plasson Industries has a total shareholder equity of ₪1.3B and total debt of ₪507.8M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are ₪2.3B and ₪1.0B respectively. Plasson Industries's EBIT is ₪175.2M making its interest coverage ratio 5.3. It has cash and short-term investments of ₪334.4M.

Key information

40.4%

Debt to equity ratio

₪507.78m

Debt

Interest coverage ratio5.3x
Cash₪334.35m
Equity₪1.26b
Total liabilities₪1.02b
Total assets₪2.27b

Recent financial health updates

Recent updates

Is Plasson Industries (TLV:PLSN) Using Too Much Debt?

Jun 07
Is Plasson Industries (TLV:PLSN) Using Too Much Debt?

Plasson Industries (TLV:PLSN) Has A Pretty Healthy Balance Sheet

Nov 06
Plasson Industries (TLV:PLSN) Has A Pretty Healthy Balance Sheet

These 4 Measures Indicate That Plasson Industries (TLV:PLSN) Is Using Debt Extensively

May 04
These 4 Measures Indicate That Plasson Industries (TLV:PLSN) Is Using Debt Extensively

Plasson Industries (TLV:PLSN) Is Doing The Right Things To Multiply Its Share Price

May 30
Plasson Industries (TLV:PLSN) Is Doing The Right Things To Multiply Its Share Price

A Look At The Intrinsic Value Of Plasson Industries Ltd (TLV:PLSN)

Jan 09
A Look At The Intrinsic Value Of Plasson Industries Ltd (TLV:PLSN)

Returns At Plasson Industries (TLV:PLSN) Are On The Way Up

Dec 21
Returns At Plasson Industries (TLV:PLSN) Are On The Way Up

Does Plasson Industries (TLV:PLSN) Have A Healthy Balance Sheet?

Aug 26
Does Plasson Industries (TLV:PLSN) Have A Healthy Balance Sheet?

Is Plasson Industries (TLV:PLSN) Using Too Much Debt?

May 11
Is Plasson Industries (TLV:PLSN) Using Too Much Debt?

Plasson Industries (TLV:PLSN) Has Some Way To Go To Become A Multi-Bagger

Apr 07
Plasson Industries (TLV:PLSN) Has Some Way To Go To Become A Multi-Bagger

Plasson Industries Ltd's (TLV:PLSN) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Mar 16
Plasson Industries Ltd's (TLV:PLSN) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Should You Or Shouldn't You: A Dividend Analysis on Plasson Industries Ltd (TLV:PLSN)

Feb 25
Should You Or Shouldn't You: A Dividend Analysis on Plasson Industries Ltd (TLV:PLSN)

Shareholders Of Plasson Industries (TLV:PLSN) Must Be Happy With Their 121% Total Return

Feb 05
Shareholders Of Plasson Industries (TLV:PLSN) Must Be Happy With Their 121% Total Return

Is Plasson Industries (TLV:PLSN) A Risky Investment?

Jan 21
Is Plasson Industries (TLV:PLSN) A Risky Investment?

Should You Be Impressed By Plasson Industries' (TLV:PLSN) Returns on Capital?

Jan 06
Should You Be Impressed By Plasson Industries' (TLV:PLSN) Returns on Capital?

We're Not Counting On Plasson Industries (TLV:PLSN) To Sustain Its Statutory Profitability

Dec 22
We're Not Counting On Plasson Industries (TLV:PLSN) To Sustain Its Statutory Profitability

Plasson Industries Ltd's (TLV:PLSN) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Dec 09
Plasson Industries Ltd's (TLV:PLSN) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Does Plasson Industries Ltd (TLV:PLSN) Have A Place In Your Dividend Portfolio?

Nov 26
Does Plasson Industries Ltd (TLV:PLSN) Have A Place In Your Dividend Portfolio?

Financial Position Analysis

Short Term Liabilities: PLSN's short term assets (₪1.4B) exceed its short term liabilities (₪731.4M).

Long Term Liabilities: PLSN's short term assets (₪1.4B) exceed its long term liabilities (₪286.2M).


Debt to Equity History and Analysis

Debt Level: PLSN's net debt to equity ratio (13.8%) is considered satisfactory.

Reducing Debt: PLSN's debt to equity ratio has reduced from 57.6% to 40.4% over the past 5 years.

Debt Coverage: PLSN's debt is well covered by operating cash flow (51.8%).

Interest Coverage: PLSN's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


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