Polar Financial Statements From 2010 to 2024

POLA Stock  USD 2.99  0.10  3.46%   
Polar Power financial statements provide useful quarterly and yearly information to potential Polar Power investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Polar Power financial statements helps investors assess Polar Power's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Polar Power's valuation are summarized below:
Gross Profit
3.4 M
Profit Margin
(0.56)
Market Capitalization
7.3 M
Enterprise Value Revenue
0.9424
Revenue
11.9 M
We have found one hundred twenty available trending fundamental ratios for Polar Power, which can be analyzed and compared to other ratios and to its competitors. All investors should make sure to check out all of Polar Power recent market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. As of November 22, 2024, Market Cap is expected to decline to about 5.1 M. In addition to that, Enterprise Value is expected to decline to about 11.8 M

Polar Power Total Revenue

17.09 Million

Check Polar Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Polar Power's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 561.6 K or Interest Expense of 587 K, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0 or PTB Ratio of 0.39. Polar financial statements analysis is a perfect complement when working with Polar Power Valuation or Volatility modules.
  
Check out the analysis of Polar Power Correlation against competitors.
For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.

Polar Power Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets22.2 M25.3 M15.7 M
Slightly volatile
Short and Long Term Debt Total7.9 M7.5 M2.3 M
Slightly volatile
Other Current Liabilities984.1 K1.8 M773.9 K
Slightly volatile
Total Current Liabilities10.7 M10.2 M3.6 M
Slightly volatile
Total Stockholder Equity17.3 M13.2 M11.9 M
Slightly volatile
Net Tangible Assets17.3 M26.7 M13.2 M
Slightly volatile
Property Plant And Equipment NetM3.2 M1.4 M
Slightly volatile
Current Deferred Revenue1.7 M1.6 M590.9 K
Slightly volatile
Accounts Payable1.9 M1.8 M540.8 K
Slightly volatile
Cash521.5 K549 K3.3 M
Very volatile
Non Current Assets Total2.1 M3.3 M1.6 M
Slightly volatile
Non Currrent Assets Other101.4 K108 K95.6 K
Very volatile
Other Assets0.860.9157.1 K
Slightly volatile
Long Term Debt62.3 K65.5 K295.2 K
Very volatile
Cash And Short Term Investments521.5 K549 K3.3 M
Very volatile
Net Receivables4.4 M4.5 M3.1 M
Slightly volatile
Common Stock Shares Outstanding1.8 M1.9 M9.1 M
Slightly volatile
Long Term Debt Total501 K915.4 K465.8 K
Slightly volatile
Liabilities And Stockholders Equity22.2 M25.3 M15.7 M
Slightly volatile
Non Current Liabilities Total1.9 M1.9 M735 K
Slightly volatile
Inventory9.4 M16.5 M6.6 M
Slightly volatile
Other Current Assets432.3 K455 K777.7 K
Slightly volatile
Other Stockholder Equity24.1 M38.8 M16.3 M
Slightly volatile
Total Liabilities12.7 M12.1 M4.3 M
Slightly volatile
Property Plant And Equipment Gross8.5 M8.1 M2.7 M
Slightly volatile
Short and Long Term Debt4.8 M4.6 M1.2 M
Slightly volatile
Total Current Assets20.1 M22 M14.1 M
Slightly volatile
Short Term DebtM5.7 M1.7 M
Slightly volatile
Common Stock1.9 KK539.7 K
Slightly volatile
Property Plant Equipment1.9 M2.2 M1.5 M
Slightly volatile
Common Stock Total Equity0.860.9676
Slightly volatile
Capital Surpluse22.3 M27.2 M20.9 M
Slightly volatile
Short Term Investments800.8 K900.9 K981 K
Slightly volatile
Net Invested Capital16.2 M17.7 M21.3 M
Slightly volatile
Net Working Capital13.8 M11.8 M19.3 M
Slightly volatile
Capital Stock1.3 KK1.1 K
Slightly volatile
Capital Lease Obligations1.8 MMM
Slightly volatile
Non Current Liabilities Other1.1 M891 K1.4 M
Slightly volatile

Polar Power Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization561.6 K387 K403.1 K
Slightly volatile
Interest Expense587 K559 K122.8 K
Slightly volatile
Selling General Administrative3.4 M4.3 M2.5 M
Slightly volatile
Selling And Marketing Expenses1.5 M1.2 MM
Slightly volatile
Total Revenue17.1 M15.3 M12.9 M
Slightly volatile
Other Operating Expenses19.8 M21.3 M14.5 M
Slightly volatile
Research Development1.4 M1.2 M942.7 K
Slightly volatile
Cost Of Revenue13.5 M14.6 M10 M
Slightly volatile
Total Operating Expenses6.3 M6.7 M4.5 M
Slightly volatile
Interest Income12 K12.6 K41.4 K
Slightly volatile
Reconciled Depreciation732.4 K429 K478.9 K
Slightly volatile
Non Operating Income Net Other12 K12.6 K44.1 K
Slightly volatile

Polar Power Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow200.4 K211 K3.2 M
Pretty Stable
Depreciation557.2 K387 K400.2 K
Slightly volatile
Capital Expenditures163 K194 K169.4 K
Pretty Stable
End Period Cash Flow521.5 K549 K3.3 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.340.353954.3936
Slightly volatile
PTB Ratio0.390.4103196
Slightly volatile
Days Sales Outstanding74.3610778.6792
Slightly volatile
Book Value Per Share7.296.9461.9192
Slightly volatile
Average Payables775.6 K738.6 K509.5 K
Slightly volatile
Stock Based Compensation To Revenue0.02960.03690.046
Slightly volatile
Capex To Depreciation0.770.50130.7592
Slightly volatile
PB Ratio0.390.4103196
Slightly volatile
EV To Sales0.770.810954.3872
Slightly volatile
Inventory Turnover0.840.88352.2549
Slightly volatile
Days Of Inventory On Hand434413213
Slightly volatile
Payables Turnover7.878.284932.1074
Slightly volatile
Sales General And Administrative To Revenue0.170.28060.1827
Slightly volatile
Average Inventory7.6 M14.4 M8.3 M
Slightly volatile
Research And Ddevelopement To Revenue0.06320.07990.0625
Slightly volatile
Capex To Revenue0.01520.01270.0146
Slightly volatile
Cash Per Share0.570.28910.4016
Pretty Stable
Days Payables Outstanding46.2644.05616.8873
Slightly volatile
Current Ratio2.052.15284.7789
Pretty Stable
Tangible Book Value Per Share7.296.9461.9192
Slightly volatile
Receivables Turnover3.263.42666.6734
Pretty Stable
Graham Number24.3823.21525.0734
Slightly volatile
Shareholders Equity Per Share7.296.9461.9192
Slightly volatile
Debt To Equity0.250.34570.3882
Slightly volatile
Capex Per Share0.110.10220.0289
Slightly volatile
Average Receivables5.7 M5.4 M5.4 M
Slightly volatile
Revenue Per Share8.468.05412.1692
Slightly volatile
Interest Debt Per Share2.832.69540.4711
Slightly volatile
Debt To Assets0.130.18050.1793
Slightly volatile
Operating Cycle263520275
Slightly volatile
Price Book Value Ratio0.390.4103196
Slightly volatile
Days Of Payables Outstanding46.2644.05616.8873
Slightly volatile
Ebt Per Ebit0.731.09320.8975
Very volatile
Company Equity Multiplier1.661.91521.7635
Slightly volatile
Long Term Debt To Capitalization0.00340.00360.0599
Slightly volatile
Total Debt To Capitalization0.180.25690.2364
Slightly volatile
Debt Equity Ratio0.250.34570.3882
Slightly volatile
Quick Ratio0.510.53522.8322
Very volatile
Cash Ratio0.05110.05371.5103
Very volatile
Cash Conversion Cycle249476260
Slightly volatile
Days Of Inventory Outstanding434413213
Slightly volatile
Days Of Sales Outstanding74.3610778.6792
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.21.05661.1384
Slightly volatile
Price To Book Ratio0.390.4103196
Slightly volatile
Fixed Asset Turnover4.594.836511.9785
Pretty Stable
Debt Ratio0.130.18050.1793
Slightly volatile
Price Sales Ratio0.340.353954.3936
Slightly volatile
Asset Turnover1.00.60541.1461
Slightly volatile
Price Fair Value0.390.4103196
Slightly volatile

Polar Power Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.1 M5.4 M332.8 M
Slightly volatile
Enterprise Value11.8 M12.4 M325.3 M
Slightly volatile

Polar Fundamental Market Drivers

Cash And Short Term Investments549 K

Polar Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Polar Power Financial Statements

Polar Power stakeholders use historical fundamental indicators, such as Polar Power's revenue or net income, to determine how well the company is positioned to perform in the future. Although Polar Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Polar Power's assets and liabilities are reflected in the revenues and expenses on Polar Power's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Polar Power. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.6 M1.7 M
Total Revenue15.3 M17.1 M
Cost Of Revenue14.6 M13.5 M
Stock Based Compensation To Revenue 0.04  0.03 
Sales General And Administrative To Revenue 0.28  0.17 
Research And Ddevelopement To Revenue 0.08  0.06 
Capex To Revenue 0.01  0.02 
Revenue Per Share 8.05  8.46 
Ebit Per Revenue(0.39)(0.41)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Polar Power offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polar Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polar Power Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Polar Power Stock:
Check out the analysis of Polar Power Correlation against competitors.
For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Heavy Electrical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polar Power. If investors know Polar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polar Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.24)
Revenue Per Share
0.766
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.15)
Return On Equity
(0.47)
The market value of Polar Power is measured differently than its book value, which is the value of Polar that is recorded on the company's balance sheet. Investors also form their own opinion of Polar Power's value that differs from its market value or its book value, called intrinsic value, which is Polar Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polar Power's market value can be influenced by many factors that don't directly affect Polar Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polar Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Polar Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polar Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.