PolarCool Balance Sheet Health
Financial Health criteria checks 3/6
PolarCool has a total shareholder equity of SEK4.5M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK10.0M and SEK5.6M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr1.63m |
Equity | kr4.45m |
Total liabilities | kr5.58m |
Total assets | kr10.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: POLAR's short term assets (SEK2.7M) do not cover its short term liabilities (SEK5.6M).
Long Term Liabilities: POLAR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: POLAR is debt free.
Reducing Debt: POLAR had no debt 5 years ago.
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 14.4% each year