Polisan Holding AS (IST:POLHO) Debt-to-Asset : 0.11 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:POLHO Polisan Holding AS IST:POLHO
57 GF Score
Price ₺22.32
GF Value ₺8.01
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Polisan Holding AS Debt-to-Asset?

Polisan Holding AS IST:POLHO +0.54% 57 Debt-to-Asset is 0.11 as of Mar. 2026. GuruFocus rates IST:POLHO with a GF Score™ of 57/100 and a GF Value™ of ₺8.01 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Polisan Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺1,642 Mil. Polisan Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺484 Mil. Polisan Holding AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ₺19,526 Mil. Polisan Holding AS's debt to asset for the quarter that ended in Mar. 2026 was 0.11.


Polisan Holding AS  (IST:POLHO) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Polisan Holding AS Debt-to-Asset Related Terms


Polisan Holding AS Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Polisan Holding AS's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Polisan Holding AS Debt-to-Asset Chart

Polisan Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.09 0.07 0.09 0.12

Polisan Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.09 0.11 0.12 0.11

IST:POLHO vs LIN, SHW, ECL: Debt-to-Asset Comparison

For the Specialty Chemicals subindustry, Polisan Holding AS's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Polisan Holding AS Debt-to-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polisan Holding AS's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Polisan Holding AS's Debt-to-Asset falls into.


IST:POLHO
57GF Score
Polisan Holding AS IST:POLHO
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polisan Holding AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Polisan Holding AS's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1615.422 + 474.912) / 18064.585
=0.12

Polisan Holding AS's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1641.513 + 483.624) / 19525.898
=0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.11 mean?
Polisan Holding AS (IST:POLHO) has a Debt-to-Asset of 0.11 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Polisan Holding AS and its competitors.
Is Polisan Holding AS's Debt-to-Asset too high?
Polisan Holding AS's current Debt-to-Asset is 0.11. Overall, Polisan Holding AS has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polisan Holding AS's Debt-to-Asset compare to LIN and SHW?
Polisan Holding AS's Debt-to-Asset of 0.11 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Chemicals company?
A good Debt-to-Asset depends on the Chemicals industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Polisan Holding AS and its competitors. Polisan Holding AS's current Debt-to-Asset is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polisan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Polisan Holding AS (IST:POLHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺8.01, compared to a current price of ₺22.32 — trading 178.7% above its estimated fair value. The current Debt-to-Asset is 0.11. Polisan Holding AS's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Polisan Holding AS (IST:POLHO), the current Debt-to-Asset is 0.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Polisan Holding AS (IST:POLHO) Overvalued in 2026?

Based on GuruFocus' analysis, Polisan Holding AS stock appears to be overvalued. The current stock price of ₺22.32 is trading 178.7% above its estimated GF Value™ of ₺8.01. GuruFocus considers Polisan Holding AS to be Significantly Overvalued.

Key valuation signals for IST:POLHO:

  • Debt-to-Asset: 0.11
  • GF Value™: ₺8.01 vs. price of ₺22.32 (178.7% above fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the IST:POLHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polisan Holding AS Business Description

Address Dilovasi Organize Sanayi Bolgesi 1, Kisim Liman Caddesi No: 7, Kocaeli, Dilovasi, TUR
Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.
57GF Score

Get the complete analysis for IST:POLHO

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺22.32
Price
₺8.01
GF Value