Polaris IT Group Balance Sheet Health
Financial Health criteria checks 5/6
Polaris IT Group has a total shareholder equity of PLN59.8M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN97.7M and PLN37.9M respectively. Polaris IT Group's EBIT is PLN1.9M making its interest coverage ratio 12.4. It has cash and short-term investments of PLN1.3M.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | 12.4x |
| Cash | zł1.25m |
| Equity | zł59.82m |
| Total liabilities | zł37.89m |
| Total assets | zł97.70m |
Recent financial health updates
No updates
Recent updates
More Unpleasant Surprises Could Be In Store For Polaris IT Group S.A.'s (WSE:PIT) Shares After Tumbling 29%
Apr 26
The Return Trends At Polaris IT Group (WSE:PIT) Look Promising
Nov 22Polaris IT Group (WSE:PIT) Is Doing The Right Things To Multiply Its Share Price
May 14Investors Still Aren't Entirely Convinced About Polaris IT Group S.A.'s (WSE:PIT) Earnings Despite 27% Price Jump
Apr 08The Return Trends At Polaris IT Group (WSE:PIT) Look Promising
Dec 14We Like These Underlying Return On Capital Trends At Polaris IT Group (WSE:PIT)
Sep 06Will The ROCE Trend At Polaris IT Group (WSE:PIT) Continue?
Mar 09Polaris IT Group S.A.'s (WSE:PIT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 15
Is There More Growth In Store For Polaris IT Group's (WSE:PIT) Returns On Capital?
Nov 23Financial Position Analysis
Short Term Liabilities: PIT's short term assets (PLN18.4M) do not cover its short term liabilities (PLN27.8M).
Long Term Liabilities: PIT's short term assets (PLN18.4M) exceed its long term liabilities (PLN10.1M).
Debt to Equity History and Analysis
Debt Level: PIT is debt free.
Reducing Debt: PIT had no debt 5 years ago.
Debt Coverage: PIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PIT has no debt, therefore coverage of interest payments is not a concern.