Polaris Renewable Energy
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Polaris Renewable Energy's balance sheet done over the years? Its assets were worth $519,400,000 last year, which is less than in the previous period. 48% of Polaris Renewable Energy’s total assets is currently financed by debt. Its liabilities reached the amount of $249,468,000, which means an decrease by -6% compared compared to last year.
Debt to Assets
| 2014 | 422500655 | 283.89M | 67.19% |
|---|---|---|---|
| 2015 | 415863155 | 212.97M | 51.21% |
| 2016 | 409247826 | 214.58M | 52.44% |
| 2017 | 407257888 | 220.04M | 54.03% |
| 2018 | 467858322 | 269.40M | 57.58% |
| 2019 | 463744000 | 256.51M | 55.31% |
| 2020 | 491118000 | 264.34M | 53.83% |
| 2021 | 502700000 | 241.87M | 48.12% |
| 2022 | 535102000 | 264.89M | 49.5% |
| 2023 | 519400000 | 249.46M | 48.03% |
PIF.TO Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 40.05M | 35.32M | 97.93M | 60.05M | 32.59M | 37.80M | 37.21M | 45.73M | 61.59M | 15.29M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 10.63M | 11.23M | 9.32M | 19.38M | 15.30M | 15.22M | 12.16M | 12.02M | 6.01M | 10.13M |
Inventory | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 1 |
Other current assets | 919K | 4.04M | 2.78M | 1.76M | 783K | 1.06M | 787.97K | 919.44K | 861.72K | 1.05M |
Total current assets | 54.04M | 50.60M | 110.14M | 80.34M | 48.68M | 54.09M | 50.16M | 58.68M | 69.26M | 26.57M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 383.82M | 396.00M | 354.36M | 370.67M | 368.71M | 383.16M | 347.49M | 342.20M | 338.87M | 387.60M |
Goodwill | 12.35M | 12.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 55.01M | 57.52M | 22.96M | 24.32M | 25.67M | 3.76M | 3.97M | 4.15M | 4.41M | 4.73M |
Long term investments | 2.89M | 1.67M | 3M | 164K | 169K | 160.65K | 0 | 0 | 0 | 0 |
Other non-current assets | 11.27M | 13.02M | 11.36M | 13.82M | 16.65M | 21.31M | 5.61M | 4.20M | 3.30M | 3.58M |
Total non-current assets | 465.35M | 484.49M | 392.55M | 410.77M | 415.06M | 413.76M | 357.09M | 350.56M | 346.59M | 395.92M |
Total assets | 519.4M | 535.10M | 502.7M | 491.11M | 463.74M | 467.85M | 407.25M | 409.24M | 415.86M | 422.50M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 150K | 12.49M | 0 | 28.16M | 0 | 0 | 0 | 0 |
Short term debt | 16.24M | 15.36M | 23.41M | 21.25M | 17.16M | 14.37M | 12.72M | 10.64M | 9.24M | 208.53M |
Total current liabilities | 31.35M | 30.59M | 34.30M | 35.04M | 35.04M | 40.34M | 21.84M | 14.76M | 15.56M | 205.97M |
| Non-current liabilities: | ||||||||||
Long term debt | 158.87M | 171.96M | 147.57M | 168.73M | 167.38M | 172.74M | 156.35M | 166.23M | 171.11M | 44.63M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -169.46M | 5.23M | 8.76M | 6.58M | 212.13M | 41.85M | 3.70M | 26.28M | 30.40M |
Total non-current liabilities | 218.11M | 234.29M | 207.56M | 229.30M | 221.47M | 229.06M | 198.20M | 199.82M | 197.40M | 77.91M |
Total liabilities | 249.46M | 264.89M | 241.87M | 264.34M | 256.51M | 269.40M | 220.04M | 214.58M | 212.97M | 283.89M |
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