Polyram Plastic Industries Balance Sheet Health
Financial Health criteria checks 6/6
Polyram Plastic Industries has a total shareholder equity of ₪623.5M and total debt of ₪181.4M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are ₪1.0B and ₪423.0M respectively. Polyram Plastic Industries's EBIT is ₪114.2M making its interest coverage ratio 8.5. It has cash and short-term investments of ₪49.1M.
Key information
29.1%
Debt to equity ratio
₪181.41m
Debt
| Interest coverage ratio | 8.5x |
| Cash | ₪49.14m |
| Equity | ₪623.45m |
| Total liabilities | ₪422.99m |
| Total assets | ₪1.05b |
Recent financial health updates
No updates
Recent updates
Polyram Plastic Industries' (TLV:POLP) Conservative Accounting Might Explain Soft Earnings
Mar 19
Shareholders May Be More Conservative With Polyram Plastic Industries LTD's (TLV:POLP) CEO Compensation For Now
Dec 08Does Polyram Plastic Industries (TLV:POLP) Deserve A Spot On Your Watchlist?
Aug 14Polyram Plastic Industries (TLV:POLP) Is Experiencing Growth In Returns On Capital
Jul 27Investors Shouldn't Be Too Comfortable With Polyram Plastic Industries' (TLV:POLP) Robust Earnings
Mar 16Polyram Plastic Industries (TLV:POLP) Is Investing Its Capital With Increasing Efficiency
Mar 09Polyram Plastic Industries LTD's (TLV:POLP) Shareholders Might Be Looking For Exit
Mar 30Do Institutions Own Polyram Plastic Industries LTD (TLV:POLP) Shares?
Mar 03Financial Position Analysis
Short Term Liabilities: POLP's short term assets (₪521.0M) exceed its short term liabilities (₪247.7M).
Long Term Liabilities: POLP's short term assets (₪521.0M) exceed its long term liabilities (₪175.2M).
Debt to Equity History and Analysis
Debt Level: POLP's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: POLP's debt to equity ratio has reduced from 53.7% to 29.1% over the past 5 years.
Debt Coverage: POLP's debt is well covered by operating cash flow (148.8%).
Interest Coverage: POLP's interest payments on its debt are well covered by EBIT (8.5x coverage).