poLight Balance Sheet Health
Financial Health criteria checks 6/6
poLight has a total shareholder equity of NOK199.5M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK223.4M and NOK23.9M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr114.79m |
| Equity | kr199.54m |
| Total liabilities | kr23.89m |
| Total assets | kr223.43m |
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 (NOK193.7M) exceed its short term liabilities (NOK21.9M).
Long Term Liabilities: PLT's short term assets (NOK193.7M) exceed its long term liabilities (NOK2.0M).
Debt to Equity History and Analysis
Debt Level: PLT is debt free.
Reducing Debt: PLT has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
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 is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.