Polyram Plastic Industries Balance Sheet Health
Financial Health criteria checks 6/6
Polyram Plastic Industries has a total shareholder equity of ₪658.3M and total debt of ₪259.1M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are ₪1.2B and ₪497.6M respectively. Polyram Plastic Industries's EBIT is ₪128.2M making its interest coverage ratio 7.2. It has cash and short-term investments of ₪52.4M.
Key information
39.4%
Debt to equity ratio
₪259.11m
Debt
Interest coverage ratio | 7.2x |
Cash | ₪52.43m |
Equity | ₪658.33m |
Total liabilities | ₪497.59m |
Total assets | ₪1.16b |
Recent financial health updates
No updates
Recent updates
Polyram Plastic Industries' (TLV:POLP) Conservative Accounting Might Explain Soft Earnings
Mar 19Shareholders 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 (₪628.3M) exceed its short term liabilities (₪341.5M).
Long Term Liabilities: POLP's short term assets (₪628.3M) exceed its long term liabilities (₪156.1M).
Debt to Equity History and Analysis
Debt Level: POLP's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: POLP's debt to equity ratio has reduced from 47.3% to 39.4% over the past 5 years.
Debt Coverage: POLP's debt is well covered by operating cash flow (51%).
Interest Coverage: POLP's interest payments on its debt are well covered by EBIT (7.2x coverage).