Polisan Holding Balance Sheet Health
Financial Health criteria checks 6/6
Polisan Holding has a total shareholder equity of TRY11.3B and total debt of TRY869.7M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are TRY13.9B and TRY2.7B respectively. Polisan Holding's EBIT is TRY554.9M making its interest coverage ratio -0.8. It has cash and short-term investments of TRY420.3M.
Key information
7.7%
Debt to equity ratio
₺869.65m
Debt
| Interest coverage ratio | -0.8x |
| Cash | ₺420.31m |
| Equity | ₺11.26b |
| Total liabilities | ₺2.68b |
| Total assets | ₺13.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POLHO's short term assets (TRY2.1B) exceed its short term liabilities (TRY1.9B).
Long Term Liabilities: POLHO's short term assets (TRY2.1B) exceed its long term liabilities (TRY799.5M).
Debt to Equity History and Analysis
Debt Level: POLHO's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: POLHO's debt to equity ratio has reduced from 25.8% to 7.7% over the past 5 years.
Debt Coverage: POLHO's debt is well covered by operating cash flow (91.2%).
Interest Coverage: POLHO earns more interest than it pays, so coverage of interest payments is not a concern.