Preformed Line Products Financial Health
How is Preformed Line Products's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PLPC's short term assets ($307.0M) exceed its short term liabilities ($119.7M).
Long Term Liabilities: PLPC's short term assets ($307.0M) exceed its long term liabilities ($84.7M).
Debt to Equity History and Analysis
Debt Level: PLPC's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: PLPC's debt to equity ratio has increased from 16.6% to 23.3% over the past 5 years.
Debt Coverage: PLPC's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: PLPC's interest payments on its debt are well covered by EBIT (23.9x coverage).