Polyplex Balance Sheet Health
Financial Health criteria checks 6/6
Polyplex has a total shareholder equity of ₹58.1B and total debt of ₹7.3B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ₹74.3B and ₹16.2B respectively. Polyplex's EBIT is ₹1.4B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹7.9B.
Key information
12.5%
Debt to equity ratio
₹7.28b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹7.91b |
| Equity | ₹58.12b |
| Total liabilities | ₹16.20b |
| Total assets | ₹74.31b |
Recent financial health updates
Is Polyplex (NSE:POLYPLEX) Using Too Much Debt?
Mar 29
These 4 Measures Indicate That Polyplex (NSE:POLYPLEX) Is Using Debt Reasonably Well
Dec 26These 4 Measures Indicate That Polyplex (NSE:POLYPLEX) Is Using Debt Safely
Feb 02Recent updates
Polyplex's (NSE:POLYPLEX) Shareholders Have More To Worry About Than Only Soft Earnings
May 25There Is A Reason Polyplex Corporation Limited's (NSE:POLYPLEX) Price Is Undemanding
Apr 25Here's What's Concerning About Polyplex's (NSE:POLYPLEX) Returns On Capital
Aug 18Is Polyplex (NSE:POLYPLEX) Using Too Much Debt?
Mar 29These 4 Measures Indicate That Polyplex (NSE:POLYPLEX) Is Using Debt Reasonably Well
Dec 26Polyplex (NSE:POLYPLEX) Will Pay A Larger Dividend Than Last Year At ₹21.00
Sep 05Polyplex (NSE:POLYPLEX) Is Increasing Its Dividend To ₹21.00
Aug 15Here's Why Polyplex (NSE:POLYPLEX) Has Caught The Eye Of Investors
Aug 09Are Investors Undervaluing Polyplex Corporation Limited (NSE:POLYPLEX) By 41%?
Jul 23I Ran A Stock Scan For Earnings Growth And Polyplex (NSE:POLYPLEX) Passed With Ease
May 06Polyplex's (NSE:POLYPLEX) Returns On Capital Are Heading Higher
Apr 01What Does Polyplex Corporation Limited's (NSE:POLYPLEX) Share Price Indicate?
Mar 14These 4 Measures Indicate That Polyplex (NSE:POLYPLEX) Is Using Debt Safely
Feb 02We Like These Underlying Return On Capital Trends At Polyplex (NSE:POLYPLEX)
Dec 21Why Polyplex Corporation Limited (NSE:POLYPLEX) Could Be Worth Watching
Dec 08We Take A Look At Why Polyplex Corporation Limited's (NSE:POLYPLEX) CEO Has Earned Their Pay Packet
Sep 22Should You Think About Buying Polyplex Corporation Limited (NSE:POLYPLEX) Now?
Jun 04Returns At Polyplex (NSE:POLYPLEX) Are On The Way Up
May 10If You Like EPS Growth Then Check Out Polyplex (NSE:POLYPLEX) Before It's Too Late
Apr 12Does Polyplex Corporation Limited (NSE:POLYPLEX) Have A Place In Your Dividend Portfolio?
Mar 17The Non-Executive Non-Independent Chairman of Polyplex Corporation Limited (NSE:POLYPLEX), Sanjiv Saraf, Just Sold 100% Of Their Holding
Mar 06How Much Is Polyplex Corporation Limited (NSE:POLYPLEX) CEO Getting Paid?
Mar 01Should You Buy Polyplex Corporation Limited (NSE:POLYPLEX) For Its Upcoming Dividend?
Feb 14Polyplex (NSE:POLYPLEX) Has Rewarded Shareholders With An Exceptional 347% Total Return On Their Investment
Feb 09
Is Now The Time To Look At Buying Polyplex Corporation Limited (NSE:POLYPLEX)?
Jan 28Are Polyplex's (NSE:POLYPLEX) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 16Returns On Capital - An Important Metric For Polyplex (NSE:POLYPLEX)
Jan 03Could The Polyplex Corporation Limited (NSE:POLYPLEX) Ownership Structure Tell Us Something Useful?
Dec 20Financial Position Analysis
Short Term Liabilities: POLYPLEX's short term assets (₹33.7B) exceed its short term liabilities (₹11.4B).
Long Term Liabilities: POLYPLEX's short term assets (₹33.7B) exceed its long term liabilities (₹4.8B).
Debt to Equity History and Analysis
Debt Level: POLYPLEX has more cash than its total debt.
Reducing Debt: POLYPLEX's debt to equity ratio has reduced from 19.6% to 12.5% over the past 5 years.
Debt Coverage: POLYPLEX's debt is well covered by operating cash flow (62.5%).
Interest Coverage: POLYPLEX's interest payments on its debt are well covered by EBIT (3.2x coverage).