Polaris Northstar Capital Balance Sheet Health
Financial Health criteria checks 2/6
Polaris Northstar Capital has a total shareholder equity of CA$1.5M and total debt of CA$550.3K, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are CA$2.7M and CA$1.2M respectively.
Key information
35.8%
Debt to equity ratio
CA$550.33k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$189.72k |
| Equity | CA$1.54m |
| Total liabilities | CA$1.15m |
| Total assets | CA$2.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L6V2's short term assets (CA$229.1K) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: L6V2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: L6V2's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: L6V2's debt to equity ratio has increased from 0% to 35.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if L6V2 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if L6V2 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.