Polaris Renewable Energy Inc.

PIF.TOTSXUtilities● Active

$13.08

+$0.00(+0.00%)

Market Cap$273393163

P/E Ratio—

52W High$14.2

52W Low$11.55

Avg Volume37K

Open$13.01

Beta0.51

Cash on Hand Financials Revenue

Polaris Renewable Energy Inc. (PIF.TO) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

PIF.TO · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$88.5M▼ -58.5% vs prior year

FY · as of Dec 31, 2025 · Reported in USD

Cash & Cash Equiv. (CCE)

$88.5M

cashAndCashEquivalents

Short-Term Investments

shortTermInvestments

YoY Change vs Prior Year

-58.5%

vs prior fiscal year

Latest Quarter

$92.0M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$88.5MCash on Hand

Total Debt$221.6MTotal Debt

Net Cash / Net Debt−$133.2MNet Debt Position

Cash vs Debt Ratio

Cash 29%Polaris Renewable Energy Inc. cash as % of market cap: 32.36%% · MCap $0BDebt 71%

Polaris Renewable Energy Inc. carries a net debt position of $133.2M. Total debt ($221.6M) exceeds cash on hand ($88.5M). Polaris Renewable Energy Inc. cash vs debt ratio: 29% cash / 71% debt.

Net Cash = Cash & ST Investments − Total Debt$88.5M − $221.6M = −$133.2M

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

PIF.TO annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

PIF.TO cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$88.5M-58.5%

Dec 31, 2024FY$213.3M+432.6%

Dec 31, 2023FY$40.1M+13.4%

Dec 31, 2022FY$35.3M-63.9%

Dec 31, 2021FY$97.9M+63.1%

PIF.TO cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Utilities Sector Cash Reserves Comparison

PIF.TO vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

Duke Energy Corporation

DUK

$245.0M$97B0.3%

Polaris Renewable Energy Inc.YOU

PIF.TO

$88.5M$273M32.4%

Utilities sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Polaris Renewable Energy Inc. (PIF.TO) cash on hand as of December 31, 2025 is $88.5M, comprising $88.5M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Polaris Renewable Energy Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Polaris Renewable Energy Inc. cash reserves or cash position.

Polaris Renewable Energy Inc. annual cash on hand history shows decreased -58.5% in 2025: decreased -58.5% in 2025. Polaris Renewable Energy Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

Polaris Renewable Energy Inc. carries total debt of $221.6M against cash of $88.5M, resulting in a net debt position of -$133.2M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

PIF.TO cash on hand · 5 questions

As of December 31, 2025, Polaris Renewable Energy Inc. (PIF.TO) has $88,462,717 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $88,462,717 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $92,028,020. Data sourced from the annual 10-K filing via FMP.

PIF.TO cash on handPIF.TO cash reservesPIF.TO cash 2025how much cash does PIF.TO have

▸ Source: FMP /balance-sheet-statement · US GAAP · Polaris Renewable Energy Inc. · Polaris Renewable Energy Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025