Polyplex Balance Sheet Health
Financial Health criteria checks 6/6
Polyplex has a total shareholder equity of ₹57.0B and total debt of ₹6.2B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ₹71.2B and ₹14.2B respectively. Polyplex's EBIT is ₹613.5M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹11.3B.
Key information
10.9%
Debt to equity ratio
₹6.21b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹11.32b |
Equity | ₹57.04b |
Total liabilities | ₹14.18b |
Total assets | ₹71.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524051's short term assets (₹35.1B) exceed its short term liabilities (₹10.6B).
Long Term Liabilities: 524051's short term assets (₹35.1B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: 524051 has more cash than its total debt.
Reducing Debt: 524051's debt to equity ratio has reduced from 14.8% to 10.9% over the past 5 years.
Debt Coverage: 524051's debt is well covered by operating cash flow (130%).
Interest Coverage: 524051's interest payments on its debt are well covered by EBIT (3.7x coverage).