Polaris IT Group Balance Sheet Health

Financial Health criteria checks 5/6

Polaris IT Group has a total shareholder equity of PLN68.2M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN100.1M and PLN32.0M respectively.

Key information

0%

Debt to equity ratio

zł0

Debt

Interest coverage ration/a
Cashzł449.55k
Equityzł68.17m
Total liabilitieszł31.96m
Total assetszł100.13m

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
More Unpleasant Surprises Could Be In Store For Polaris IT Group S.A.'s (WSE:PIT) Shares After Tumbling 29%

The Return Trends At Polaris IT Group (WSE:PIT) Look Promising

Nov 22
The Return Trends At Polaris IT Group (WSE:PIT) Look Promising

Polaris IT Group (WSE:PIT) Is Doing The Right Things To Multiply Its Share Price

May 14
Polaris IT Group (WSE:PIT) Is Doing The Right Things To Multiply Its Share Price

Investors Still Aren't Entirely Convinced About Polaris IT Group S.A.'s (WSE:PIT) Earnings Despite 27% Price Jump

Apr 08
Investors Still Aren't Entirely Convinced About Polaris IT Group S.A.'s (WSE:PIT) Earnings Despite 27% Price Jump

The Return Trends At Polaris IT Group (WSE:PIT) Look Promising

Dec 14
The Return Trends At Polaris IT Group (WSE:PIT) Look Promising

We Like These Underlying Return On Capital Trends At Polaris IT Group (WSE:PIT)

Sep 06
We Like These Underlying Return On Capital Trends At Polaris IT Group (WSE:PIT)

Will The ROCE Trend At Polaris IT Group (WSE:PIT) Continue?

Mar 09
Will The ROCE Trend At Polaris IT Group (WSE:PIT) Continue?

Polaris IT Group S.A.'s (WSE:PIT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Jan 15
Polaris IT Group S.A.'s (WSE:PIT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Is There More Growth In Store For Polaris IT Group's (WSE:PIT) Returns On Capital?

Nov 23
Is There More Growth In Store For Polaris IT Group's (WSE:PIT) Returns On Capital?

Financial Position Analysis

Short Term Liabilities: PIT's short term assets (PLN26.2M) do not cover its short term liabilities (PLN32.0M).

Long Term Liabilities: PIT has no long term liabilities.


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.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 11:56
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Polaris IT Group S.A. 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.