Polyplank Balance Sheet Health
Financial Health criteria checks 2/6
Polyplank has a total shareholder equity of SEK3.6M and total debt of SEK8.1M, which brings its debt-to-equity ratio to 227.4%. Its total assets and total liabilities are SEK28.8M and SEK25.3M respectively.
Key information
227.4%
Debt to equity ratio
kr8.09m
Debt
| Interest coverage ratio | n/a |
| Cash | kr7.00k |
| Equity | kr3.56m |
| Total liabilities | kr25.25m |
| Total assets | kr28.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POLY's short term assets (SEK11.0M) exceed its short term liabilities (SEK10.1M).
Long Term Liabilities: POLY's short term assets (SEK11.0M) do not cover its long term liabilities (SEK15.2M).
Debt to Equity History and Analysis
Debt Level: POLY's net debt to equity ratio (227.2%) is considered high.
Reducing Debt: POLY's debt to equity ratio has reduced from 274.2% to 227.4% 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 5.2% each year.