Polarean Imaging Balance Sheet Health
Financial Health criteria checks 6/6
Polarean Imaging has a total shareholder equity of $15.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $19.1M and $3.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.22m |
| Equity | US$15.82m |
| Total liabilities | US$3.24m |
| Total assets | US$19.05m |
Recent financial health updates
Polarean Imaging (LON:POLX) Is In A Good Position To Deliver On Growth Plans
Oct 16
Here's Why Polarean Imaging (LON:POLX) Must Use Its Cash Wisely
Jan 09Is Polarean Imaging (LON:POLX) In A Good Position To Invest In Growth?
Sep 11Is Polarean Imaging (LON:POLX) In A Good Position To Invest In Growth?
Feb 09We're Keeping An Eye On Polarean Imaging's (LON:POLX) Cash Burn Rate
Oct 09Polarean Imaging (LON:POLX) Is In A Good Position To Deliver On Growth Plans
Dec 15Recent updates
Polarean Imaging (LON:POLX) Is In A Good Position To Deliver On Growth Plans
Oct 16Here's Why Polarean Imaging (LON:POLX) Must Use Its Cash Wisely
Jan 09Is Polarean Imaging (LON:POLX) In A Good Position To Invest In Growth?
Sep 11Is Polarean Imaging (LON:POLX) In A Good Position To Invest In Growth?
Feb 09We're Keeping An Eye On Polarean Imaging's (LON:POLX) Cash Burn Rate
Oct 09Polarean Imaging (LON:POLX) Is In A Good Position To Deliver On Growth Plans
Dec 15We Think Shareholders Will Probably Be Generous With Polarean Imaging plc's (LON:POLX) CEO Compensation
Jul 07Here's Why We're Watching Polarean Imaging's (LON:POLX) Cash Burn Situation
Jun 07Insider Buying: The Polarean Imaging plc (LON:POLX) Independent Chairman Just Bought 6.6% More Shares
Mar 18Polarean Imaging (LON:POLX) Is In A Good Position To Deliver On Growth Plans
Mar 09Polarean Imaging (LON:POLX) Shareholders Have Enjoyed An Impressive 135% Share Price Gain
Feb 01
Should You Take Comfort From Insider Transactions At Polarean Imaging plc (LON:POLX)?
Dec 28What Type Of Shareholders Own The Most Number of Polarean Imaging plc (LON:POLX) Shares?
Nov 30Financial Position Analysis
Short Term Liabilities: POLX's short term assets ($17.7M) exceed its short term liabilities ($3.0M).
Long Term Liabilities: POLX's short term assets ($17.7M) exceed its long term liabilities ($234.5K).
Debt to Equity History and Analysis
Debt Level: POLX is debt free.
Reducing Debt: POLX has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
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: POLX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: POLX has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 18.1% each year.