Polarean Imaging Balance Sheet Health
Financial Health criteria checks 6/6
Polarean Imaging has a total shareholder equity of $8.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $10.9M and $2.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$6.17m |
Equity | US$8.30m |
Total liabilities | US$2.58m |
Total assets | US$10.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8ZF's short term assets ($9.1M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: 8ZF's short term assets ($9.1M) exceed its long term liabilities ($381.9K).
Debt to Equity History and Analysis
Debt Level: 8ZF is debt free.
Reducing Debt: 8ZF has no debt compared to 5 years ago when its debt to equity ratio was 0.07%.
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: 8ZF has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8ZF is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.