Polaris Office Balance Sheet Health
Financial Health criteria checks 5/6
Polaris Office has a total shareholder equity of ₩257.1B and total debt of ₩13.8B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₩317.6B and ₩60.5B respectively. Polaris Office's EBIT is ₩6.2B making its interest coverage ratio -2.3. It has cash and short-term investments of ₩153.5B.
Key information
5.4%
Debt to equity ratio
₩13.82b
Debt
| Interest coverage ratio | -2.3x |
| Cash | ₩153.49b |
| Equity | ₩257.11b |
| Total liabilities | ₩60.52b |
| Total assets | ₩317.63b |
Recent financial health updates
Is Infraware (KOSDAQ:041020) Using Debt In A Risky Way?
Mar 19
Does Infraware (KOSDAQ:041020) Have A Healthy Balance Sheet?
Dec 03
Recent updates
Polaris Office's (KOSDAQ:041020) Solid Earnings May Rest On Weak Foundations
Mar 27There's Reason For Concern Over Polaris Office Corp.'s (KOSDAQ:041020) Massive 29% Price Jump
Mar 07Is Infraware (KOSDAQ:041020) Using Debt In A Risky Way?
Mar 19Infraware (KOSDAQ:041020) Shareholders Have Enjoyed A 58% Share Price Gain
Jan 25Does Infraware (KOSDAQ:041020) Have A Healthy Balance Sheet?
Dec 03Financial Position Analysis
Short Term Liabilities: A041020's short term assets (₩219.7B) exceed its short term liabilities (₩49.7B).
Long Term Liabilities: A041020's short term assets (₩219.7B) exceed its long term liabilities (₩10.8B).
Debt to Equity History and Analysis
Debt Level: A041020 has more cash than its total debt.
Reducing Debt: A041020's debt to equity ratio has increased from 0% to 5.4% over the past 5 years.
Debt Coverage: A041020's debt is well covered by operating cash flow (109.4%).
Interest Coverage: A041020 earns more interest than it pays, so coverage of interest payments is not a concern.