PolarCool Balance Sheet Health

Financial Health criteria checks 1/6

PolarCool has a total shareholder equity of SEK-1.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK8.1M and SEK9.1M respectively.

Key information

0%

Debt to equity ratio

SEK 0

Debt

Interest coverage ration/a
CashSEK 287.70k
Equity-SEK 1.03m
Total liabilitiesSEK 9.14m
Total assetsSEK 8.11m

Recent financial health updates

No updates

Recent updates

How Much Have PolarCool (NGM:POLAR) Shareholders Earned On Their Investment Over The Last Year?

Jan 15
How Much Have PolarCool (NGM:POLAR) Shareholders Earned On Their Investment Over The Last Year?

Financial Position Analysis

Short Term Liabilities: POLAR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: POLAR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: POLAR is debt free.

Reducing Debt: POLAR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: POLAR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: POLAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.8% each year


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