Polyram Plastic Industries LTD

TASE:POLP Stock Report

Market Cap: ₪1.3b

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 ratio7.2x
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 19
Polyram Plastic Industries' (TLV:POLP) Conservative Accounting Might Explain Soft Earnings

Shareholders May Be More Conservative With Polyram Plastic Industries LTD's (TLV:POLP) CEO Compensation For Now

Dec 08
Shareholders May Be More Conservative With Polyram Plastic Industries LTD's (TLV:POLP) CEO Compensation For Now

Does Polyram Plastic Industries (TLV:POLP) Deserve A Spot On Your Watchlist?

Aug 14
Does Polyram Plastic Industries (TLV:POLP) Deserve A Spot On Your Watchlist?

Polyram Plastic Industries (TLV:POLP) Is Experiencing Growth In Returns On Capital

Jul 27
Polyram Plastic Industries (TLV:POLP) Is Experiencing Growth In Returns On Capital

Investors Shouldn't Be Too Comfortable With Polyram Plastic Industries' (TLV:POLP) Robust Earnings

Mar 16
Investors Shouldn't Be Too Comfortable With Polyram Plastic Industries' (TLV:POLP) Robust Earnings

Polyram Plastic Industries (TLV:POLP) Is Investing Its Capital With Increasing Efficiency

Mar 09
Polyram Plastic Industries (TLV:POLP) Is Investing Its Capital With Increasing Efficiency

Polyram Plastic Industries LTD's (TLV:POLP) Shareholders Might Be Looking For Exit

Mar 30
Polyram Plastic Industries LTD's (TLV:POLP) Shareholders Might Be Looking For Exit

Do Institutions Own Polyram Plastic Industries LTD (TLV:POLP) Shares?

Mar 03
Do Institutions Own Polyram Plastic Industries LTD (TLV:POLP) Shares?

Financial 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).


Balance Sheet


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