Polaris AI Balance Sheet Health
Financial Health criteria checks 5/6
Polaris AI has a total shareholder equity of ₩73.4B and total debt of ₩6.7B, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are ₩95.5B and ₩22.1B respectively. Polaris AI's EBIT is ₩1.5B making its interest coverage ratio -4.1. It has cash and short-term investments of ₩51.5B.
Key information
9.1%
Debt to equity ratio
₩6.67b
Debt
| Interest coverage ratio | -4.1x |
| Cash | ₩51.53b |
| Equity | ₩73.40b |
| Total liabilities | ₩22.14b |
| Total assets | ₩95.54b |
Financial Position Analysis
Short Term Liabilities: A039980's short term assets (₩76.2B) exceed its short term liabilities (₩18.9B).
Long Term Liabilities: A039980's short term assets (₩76.2B) exceed its long term liabilities (₩3.2B).
Debt to Equity History and Analysis
Debt Level: A039980 has more cash than its total debt.
Reducing Debt: A039980's debt to equity ratio has increased from 8.2% to 9.1% over the past 5 years.
Debt Coverage: A039980's debt is well covered by operating cash flow (205.3%).
Interest Coverage: A039980 earns more interest than it pays, so coverage of interest payments is not a concern.