Polaris Media Balance Sheet Health
Financial Health criteria checks 3/6
Polaris Media has a total shareholder equity of NOK3.7B and total debt of NOK68.7M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are NOK5.5B and NOK1.9B respectively. Polaris Media's EBIT is NOK49.5M making its interest coverage ratio 0.9. It has cash and short-term investments of NOK208.5M.
Key information
1.9%
Debt to equity ratio
NOK 68.70m
Debt
| Interest coverage ratio | 0.9x |
| Cash | NOK 208.50m |
| Equity | NOK 3.66b |
| Total liabilities | NOK 1.87b |
| Total assets | NOK 5.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 93J's short term assets (NOK528.0M) do not cover its short term liabilities (NOK1.1B).
Long Term Liabilities: 93J's short term assets (NOK528.0M) do not cover its long term liabilities (NOK818.6M).
Debt to Equity History and Analysis
Debt Level: 93J has more cash than its total debt.
Reducing Debt: 93J's debt to equity ratio has reduced from 9.1% to 1.9% over the past 5 years.
Debt Coverage: 93J's debt is well covered by operating cash flow (279%).
Interest Coverage: 93J's interest payments on its debt are not well covered by EBIT (0.9x coverage).