This company listing is no longer active
Polyplank Balance Sheet Health
Financial Health criteria checks 2/6
Polyplank has a total shareholder equity of SEK1.5M and total debt of SEK8.9M, which brings its debt-to-equity ratio to 599.3%. Its total assets and total liabilities are SEK35.2M and SEK33.7M respectively.
Key information
599.3%
Debt to equity ratio
SEK 8.94m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 41.00k |
| Equity | SEK 1.49m |
| Total liabilities | SEK 33.73m |
| Total assets | SEK 35.22m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: POLY BTA's short term assets (SEK14.9M) do not cover its short term liabilities (SEK30.6M).
Long Term Liabilities: POLY BTA's short term assets (SEK14.9M) exceed its long term liabilities (SEK3.1M).
Debt to Equity History and Analysis
Debt Level: POLY BTA's net debt to equity ratio (596.5%) is considered high.
Reducing Debt: POLY BTA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: POLY BTA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: POLY BTA has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.9% each year.