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
Here's Why Polarean Imaging (LON:POLX) Must Use Its Cash Wisely
Jan 09
Is 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 15Here's Why We're Watching Polarean Imaging's (LON:POLX) Cash Burn Situation
Jun 07Recent updates
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 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 ($9.1M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: POLX's short term assets ($9.1M) exceed its long term liabilities ($381.9K).
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 0.07%.
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: POLX has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: POLX is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.