Polaris has a total shareholder equity of SGD5.6M and total debt of SGD2.5M, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are SGD9.8M and SGD4.2M respectively.
Key information
44.4%
Debt to equity ratio
S$2.47m
Debt
Interest coverage ratio
n/a
Cash
S$1.11m
Equity
S$5.57m
Total liabilities
S$4.22m
Total assets
S$9.79m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5BI's short term assets (SGD6.2M) exceed its short term liabilities (SGD1.9M).
Long Term Liabilities: 5BI's short term assets (SGD6.2M) exceed its long term liabilities (SGD2.3M).
Debt to Equity History and Analysis
Debt Level: 5BI's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 5BI's debt to equity ratio has increased from 18.1% to 44.4% 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: 5BI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 5BI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.4% each year