Polaris Media Balance Sheet Health
Financial Health criteria checks 4/6
Polaris Media has a total shareholder equity of NOK3.4B and total debt of NOK74.6M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are NOK5.4B and NOK1.9B respectively. Polaris Media's EBIT is NOK28.6M making its interest coverage ratio -0. It has cash and short-term investments of NOK249.8M.
Key information
2.2%
Debt to equity ratio
NOK 74.60m
Debt
| Interest coverage ratio | -0.05x |
| Cash | NOK 249.80m |
| Equity | NOK 3.42b |
| Total liabilities | NOK 1.94b |
| Total assets | NOK 5.36b |
Recent financial health updates
Does Polaris Media (OB:POL) Have A Healthy Balance Sheet?
Oct 24
Here's Why Polaris Media (OB:POL) Can Manage Its Debt Responsibly
Sep 18Polaris Media (OB:POL) Has A Rock Solid Balance Sheet
Jun 02Polaris Media (OB:POL) Has A Pretty Healthy Balance Sheet
Mar 01Polaris Media (OB:POL) Seems To Use Debt Quite Sensibly
Nov 19Recent updates
We Think Polaris Media's (OB:POL) Solid Earnings Are Understated
Aug 28Polaris Media's (OB:POL) Shareholders Will Receive A Smaller Dividend Than Last Year
Mar 29Polaris Media (OB:POL) Is Paying Out Less In Dividends Than Last Year
Mar 15Polaris Media (OB:POL) Will Pay A Smaller Dividend Than Last Year
Feb 29Polaris Media (OB:POL) Is Paying Out Less In Dividends Than Last Year
Feb 11Polaris Media ASA (OB:POL) Looks Just Right With A 31% Price Jump
Jan 04Does Polaris Media (OB:POL) Have A Healthy Balance Sheet?
Oct 24Polaris Media's (OB:POL) Dividend Will Be Reduced To NOK1.50
Apr 05Here's Why Polaris Media (OB:POL) Can Manage Its Debt Responsibly
Sep 18Polaris Media (OB:POL) Has A Rock Solid Balance Sheet
Jun 02Polaris Media (OB:POL) Has A Pretty Healthy Balance Sheet
Mar 01Is Polaris Media ASA (OB:POL) A Strong Dividend Stock?
Feb 08
Polaris Media ASA's (OB:POL) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Jan 20Should You Use Polaris Media's (OB:POL) Statutory Earnings To Analyse It?
Dec 19Polaris Media (OB:POL) Has Gifted Shareholders With A Fantastic 292% Total Return On Their Investment
Dec 04Polaris Media (OB:POL) Seems To Use Debt Quite Sensibly
Nov 19Financial Position Analysis
Short Term Liabilities: POL's short term assets (NOK529.5M) do not cover its short term liabilities (NOK1.1B).
Long Term Liabilities: POL's short term assets (NOK529.5M) do not cover its long term liabilities (NOK803.0M).
Debt to Equity History and Analysis
Debt Level: POL has more cash than its total debt.
Reducing Debt: POL's debt to equity ratio has reduced from 9.4% to 2.2% over the past 5 years.
Debt Coverage: POL's debt is well covered by operating cash flow (267.8%).
Interest Coverage: POL earns more interest than it pays, so coverage of interest payments is not a concern.