poLight Balance Sheet Health
Financial Health criteria checks 5/6
poLight has a total shareholder equity of NOK261.2M and total debt of NOK440.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are NOK274.6M and NOK13.5M respectively.
Key information
0.2%
Debt to equity ratio
NOK 440.00k
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 180.14m |
| Equity | NOK 261.16m |
| Total liabilities | NOK 13.46m |
| Total assets | NOK 274.62m |
Recent financial health updates
Will poLight (OB:PLT) Spend Its Cash Wisely?
Nov 03
We're Hopeful That poLight (OB:PLT) Will Use Its Cash Wisely
Mar 09poLight (OB:PLT) Is In A Good Position To Deliver On Growth Plans
Nov 06We're Not Very Worried About poLight's (OB:PLT) Cash Burn Rate
May 13We Think poLight (OB:PLT) Can Easily Afford To Drive Business Growth
Jan 11poLight (OB:PLT) Is In A Good Position To Deliver On Growth Plans
Sep 14Recent updates
Will poLight (OB:PLT) Spend Its Cash Wisely?
Nov 03We're Hopeful That poLight (OB:PLT) Will Use Its Cash Wisely
Mar 09poLight (OB:PLT) Is In A Good Position To Deliver On Growth Plans
Nov 06We're Not Very Worried About poLight's (OB:PLT) Cash Burn Rate
May 13We Think poLight (OB:PLT) Can Easily Afford To Drive Business Growth
Jan 11poLight (OB:PLT) Is In A Good Position To Deliver On Growth Plans
Sep 14What Is The Ownership Structure Like For poLight ASA (OB:PLT)?
Mar 15Have Insiders Been Selling poLight ASA (OB:PLT) Shares?
Dec 15Financial Position Analysis
Short Term Liabilities: PLT's short term assets (NOK253.6M) exceed its short term liabilities (NOK13.1M).
Long Term Liabilities: PLT's short term assets (NOK253.6M) exceed its long term liabilities (NOK383.0K).
Debt to Equity History and Analysis
Debt Level: PLT has more cash than its total debt.
Reducing Debt: PLT's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
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: PLT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PLT has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 3.8% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 16:38 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
poLight ASA is covered by 0 analysts. 0 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 |
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