Polaris Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Polaris Holdings has a total shareholder equity of ¥8.3B and total debt of ¥7.5B, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are ¥23.2B and ¥14.9B respectively. Polaris Holdings's EBIT is ¥2.0B making its interest coverage ratio 3.2. It has cash and short-term investments of ¥3.8B.
Key information
90.3%
Debt to equity ratio
JP¥7.52b
Debt
| Interest coverage ratio | 3.2x |
| Cash | JP¥3.81b |
| Equity | JP¥8.32b |
| Total liabilities | JP¥14.89b |
| Total assets | JP¥23.22b |
Recent financial health updates
Recent updates
Earnings Working Against Polaris Holdings Co., Ltd.'s (TSE:3010) Share Price Following 33% Dive
Aug 05
Here's Why Polaris Holdings (TSE:3010) Can Manage Its Debt Responsibly
Jun 26Polaris Holdings (TSE:3010) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 22Risks To Shareholder Returns Are Elevated At These Prices For Polaris Holdings Co., Ltd. (TSE:3010)
May 08A Look At The Fair Value Of Polaris Holdings Co., Ltd. (TSE:3010)
Mar 14Financial Position Analysis
Short Term Liabilities: 3010's short term assets (¥7.3B) exceed its short term liabilities (¥4.7B).
Long Term Liabilities: 3010's short term assets (¥7.3B) do not cover its long term liabilities (¥10.2B).
Debt to Equity History and Analysis
Debt Level: 3010's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: 3010's debt to equity ratio has reduced from 247.3% to 90.3% over the past 5 years.
Debt Coverage: 3010's debt is well covered by operating cash flow (21.2%).
Interest Coverage: 3010's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 10:37 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Polaris Holdings Co., Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Astris Advisory Japan, K.K. |