Polar Capital Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Polar Capital Holdings has a total shareholder equity of £135.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £217.6M and £81.7M respectively. Polar Capital Holdings's EBIT is £54.6M making its interest coverage ratio 258.6. It has cash and short-term investments of £146.3M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 258.6x |
| Cash | UK£146.33m |
| Equity | UK£135.90m |
| Total liabilities | UK£81.72m |
| Total assets | UK£217.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLRR.F's short term assets (£192.6M) exceed its short term liabilities (£73.9M).
Long Term Liabilities: PLRR.F's short term assets (£192.6M) exceed its long term liabilities (£7.8M).
Debt to Equity History and Analysis
Debt Level: PLRR.F is debt free.
Reducing Debt: PLRR.F has not had any debt for past 5 years.
Debt Coverage: PLRR.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PLRR.F has no debt, therefore coverage of interest payments is not a concern.