Polaris Balance Sheet Health
Financial Health criteria checks 3/6
Polaris has a total shareholder equity of SGD6.4M and total debt of SGD2.7M, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are SGD10.6M and SGD4.2M respectively.
Key information
42.1%
Debt to equity ratio
S$2.69m
Debt
Interest coverage ratio | n/a |
Cash | S$2.41m |
Equity | S$6.40m |
Total liabilities | S$4.16m |
Total assets | S$10.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5BI's short term assets (SGD6.8M) exceed its short term liabilities (SGD1.9M).
Long Term Liabilities: 5BI's short term assets (SGD6.8M) exceed its long term liabilities (SGD2.3M).
Debt to Equity History and Analysis
Debt Level: 5BI's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: 5BI's debt to equity ratio has increased from 7.5% to 42.1% 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: 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 25.2% each year