Polisan Holding Balance Sheet Health
Financial Health criteria checks 5/6
Polisan Holding has a total shareholder equity of TRY13.8B and total debt of TRY1.2B, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are TRY17.4B and TRY3.6B respectively. Polisan Holding's EBIT is TRY576.3M making its interest coverage ratio -0.9. It has cash and short-term investments of TRY75.3M.
Key information
8.5%
Debt to equity ratio
₺1.18b
Debt
| Interest coverage ratio | -0.9x |
| Cash | ₺75.30m |
| Equity | ₺13.78b |
| Total liabilities | ₺3.57b |
| Total assets | ₺17.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POLHO's short term assets (TRY2.7B) exceed its short term liabilities (TRY2.6B).
Long Term Liabilities: POLHO's short term assets (TRY2.7B) exceed its long term liabilities (TRY1.0B).
Debt to Equity History and Analysis
Debt Level: POLHO's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: POLHO's debt to equity ratio has reduced from 31.2% to 8.5% over the past 5 years.
Debt Coverage: POLHO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: POLHO earns more interest than it pays, so coverage of interest payments is not a concern.