Polaris Media Balance Sheet Health
Financial Health criteria checks 4/6
Polaris Media has a total shareholder equity of NOK3.4B and total debt of NOK74.6M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are NOK5.4B and NOK1.9B respectively. Polaris Media's EBIT is NOK28.6M making its interest coverage ratio -0. It has cash and short-term investments of NOK249.8M.
Key information
2.2%
Debt to equity ratio
NOK 74.60m
Debt
| Interest coverage ratio | -0.05x |
| Cash | NOK 249.80m |
| Equity | NOK 3.42b |
| Total liabilities | NOK 1.94b |
| Total assets | NOK 5.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 93J's short term assets (NOK529.5M) do not cover its short term liabilities (NOK1.1B).
Long Term Liabilities: 93J's short term assets (NOK529.5M) do not cover its long term liabilities (NOK803.0M).
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 9.4% to 2.2% over the past 5 years.
Debt Coverage: 93J's debt is well covered by operating cash flow (267.8%).
Interest Coverage: 93J earns more interest than it pays, so coverage of interest payments is not a concern.