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.