Polyplank Balance Sheet Health
Financial Health criteria checks 1/6
Polyplank has a total shareholder equity of SEK2.0M and total debt of SEK9.6M, which brings its debt-to-equity ratio to 486.1%. Its total assets and total liabilities are SEK27.8M and SEK25.8M respectively.
Key information
486.1%
Debt to equity ratio
SEK 9.60m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 9.00k |
| Equity | SEK 1.97m |
| Total liabilities | SEK 25.85m |
| Total assets | SEK 27.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POLY's short term assets (SEK11.0M) do not cover its short term liabilities (SEK11.4M).
Long Term Liabilities: POLY's short term assets (SEK11.0M) do not cover its long term liabilities (SEK14.5M).
Debt to Equity History and Analysis
Debt Level: POLY's net debt to equity ratio (485.6%) is considered high.
Reducing Debt: POLY's debt to equity ratio has reduced from 952.4% to 486.1% 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: POLY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: POLY has less than a year of cash runway if free cash flow continues to grow at historical rates of 3% each year.