POLARITYTE, INC. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q1 2023.

Location
Salt Lake City, UT
Fiscal year end
31 December
Latest financial report
12 May 2023

Quick Takeaways

  • POLARITYTE, INC. financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q1 2023.
  • Headline metric: Return On Equity -55%.

What Changed

  • Return On Equity YoY change: <span class="text-red-600">-23%</span>.
  • Most recent SEC facts end date: 31 Mar 2023.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Official SEC Source

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2023-03-31) highlights Return On Equity -55.0%, Return On Assets -34.5%, and Current Ratio 4.11x.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

44.5/100

Caution Confidence medium

Return On Equity

-55%

Metric score 0.0/100

Return On Assets

-35%

Metric score 0.0/100

Financial Health

Current Ratio
4.11x
Debt to Equity
0.38x

Strengths

Debt-to-equity and NetIncomeLoss YoY

Watchpoints

Return On Equity and Return On Assets

Key metrics snapshot

Return On Equity

-55%

YoY: -23%

Industry median: -47% (n=218)

View history

Return On Assets

-35%

YoY: -9.1%

Industry median: -44% (n=217)

View history

Current Ratio

4.11x

YoY: +19%

Industry median: 3.67x (n=218)

View history

Debt-to-equity

0.38x

YoY: -43%

Industry median: 0.31x (n=169)

View history

NetIncomeLoss YoY

50%

YoY:

Industry median: -12% (n=211)

View history

Profitability

Metric Latest value YoY change
Return On Equity -55% -23%
Return On Assets -35% -9.1%

Financial Health

Metric Latest value YoY change
Current Ratio 4.11x +19%
Debt-to-equity 0.38x -43%

Growth

Metric Latest value YoY change
NetIncomeLoss YoY 50%

Share Metrics

Metric Latest value YoY change
Entity Common Stock, Shares Outstanding 7,323,755 -92%
Common Stock, Shares, Outstanding 7,325,006 -93%
Common Stock, Value, Issued $7,000 -93%
Weighted Average Number of Shares Outstanding, Basic 7,320,754 +118%
Weighted Average Number of Shares Outstanding, Diluted 7,320,754 +105%

Additional Metrics

Metric Latest value YoY change
Research and Development Expense $10,470,000 -28%
General and Administrative Expense $11,282,000 -44%
Costs and Expenses $1,400,000 +100%
Operating Income (Loss) $18,302,000 +47%
Earnings Per Share, Basic -1 +94%
Earnings Per Share, Diluted 0 +76%
Cash and Cash Equivalents, at Carrying Value $6,394,000 -66%
Assets, Current $8,927,000 -63%
Property, Plant and Equipment, Net $1,627,000 -61%
Operating Lease, Right-of-Use Asset $6,584,000 +671%
Other Assets, Noncurrent $911,000 +27%
Assets $18,049,000 -40%
Accounts Payable, Current $244,000 -66%
Employee-related Liabilities, Current $63,000 +40%
Liabilities, Current $2,172,000 -69%
Operating Lease, Liability, Noncurrent $2,495,000 +3272%
Liabilities $5,628,000 -54%
Retained Earnings (Accumulated Deficit) $520,474,000 -1.6%
Stockholders' Equity Attributable to Parent $12,421,000 -30%
Liabilities and Equity $18,049,000 -40%
Share-based Payment Arrangement, Noncash Expense $1,141,000 -76%
Net Cash Provided by (Used in) Operating Activities $5,080,000 +16%
Net Cash Provided by (Used in) Financing Activities $72,000 -101%
Net Cash Provided by (Used in) Investing Activities $100,000
Common Stock, Shares Authorized 250,000,000 0%
Common Stock, Shares, Issued 7,325,006 -93%
Common Stock, Par or Stated Value Per Share 0 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $5,052,000 -675%
Interest Paid, Excluding Capitalized Interest, Operating Activities $7,000 -56%
Operating Lease, Liability $2,908,000 +199%
Lessee, Operating Lease, Liability, to be Paid $3,637,000 +260%
Property, Plant and Equipment, Gross $6,914,000 -37%
Operating Lease, Liability, Current $413,000 -54%
Lessee, Operating Lease, Liability, to be Paid, Year Two $793,000 +1788%
Lessee, Operating Lease, Liability, to be Paid, Year One $478,000 +896%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $729,000 +1925%
Lessee, Operating Lease, Liability, to be Paid, Year Three $781,000
Preferred Stock, Shares Issued 0
Preferred Stock, Shares Authorized 25,000,000 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $813,000
Operating Lease, Payments $192,000 -27%
Additional Paid in Capital $532,888,000 +0.57%
Preferred Stock, Shares Outstanding 0

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY