Polar Financial Statements From 2010 to 2026

POLA Stock  USD 1.79  0.12  7.19%   
Polar Power's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Polar Power's valuation are provided below:
Gross Profit
1.1 M
Profit Margin
(0.38)
Market Capitalization
7.5 M
Enterprise Value Revenue
1.2916
Revenue
12 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 2026 to make sure the company can sustain itself down the road. As of January 4, 2026, Market Cap is expected to decline to about 8.8 M. In addition to that, Enterprise Value is expected to decline to about 15.8 M

Polar Power Total Revenue

16.94 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 182.4 K or Interest Expense of 783.7 K, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.0 or PTB Ratio of 1.03. Polar financial statements analysis is a perfect complement when working with Polar Power Valuation or Volatility modules.
  
Build AI portfolio with Polar 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.

Polar Power Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets22 M20.2 M16.1 M
Slightly volatile
Short and Long Term Debt Total8.4 MMM
Slightly volatile
Total Current Liabilities10.3 M9.8 M4.2 M
Slightly volatile
Total Stockholder Equity16.5 M9.8 M11.6 M
Slightly volatile
Net Tangible Assets17.3 M26.7 M14.4 M
Slightly volatile
Property Plant And Equipment NetM2.1 M1.5 M
Slightly volatile
Current Deferred Revenue681 K698 K538.2 K
Slightly volatile
Accounts Payable635.8 K469.2 K457.4 K
Slightly volatile
Cash425.8 K448.2 K2.9 M
Very volatile
Non Current Assets Total2.1 M2.2 M1.7 M
Slightly volatile
Non Currrent Assets Other103 K124.2 K98.1 K
Pretty Stable
Other Assets0.860.9138.6 K
Slightly volatile
Long Term Debt62.3 K65.5 K267.2 K
Very volatile
Cash And Short Term Investments425.8 K448.2 K2.9 M
Very volatile
Net Receivables4.2 M2.5 MM
Slightly volatile
Common Stock Shares Outstanding2.7 M2.9 M8.2 M
Very volatile
Long Term Debt Total501 K915.4 K504.6 K
Slightly volatile
Liabilities And Stockholders Equity22 M20.2 M16.1 M
Slightly volatile
Non Current Liabilities Total898.7 K545.1 K660.1 K
Slightly volatile
Inventory9.9 M14.8 M7.5 M
Slightly volatile
Other Current Assets57.9 K61 K684.5 K
Pretty Stable
Other Stockholder Equity25.8 M44.7 M19.5 M
Slightly volatile
Total Liabilities5.4 M10.4 M4.5 M
Slightly volatile
Property Plant And Equipment Gross9.8 M9.3 M3.5 M
Slightly volatile
Short and Long Term Debt6.1 M5.8 M1.8 M
Slightly volatile
Total Current Assets19.8 M17.9 M14.4 M
Slightly volatile
Short Term Debt7.8 M7.4 M2.3 M
Slightly volatile
Common Stock1.7 K1.8 K476.4 K
Slightly volatile
Property Plant Equipment1.9 M2.2 M1.5 M
Slightly volatile
Common Stock Total Equity0.860.9597
Slightly volatile
Capital Surpluse22.3 M27.2 M21.2 M
Slightly volatile
Short Term Investments800.8 K900.9 K983.3 K
Slightly volatile
Net Invested Capital15.6 M12.2 M20.3 M
Slightly volatile
Net Working CapitalM6.3 M17.3 M
Slightly volatile
Capital Stock1.4 K2.3 K1.2 K
Slightly volatile
Capital Lease Obligations1.8 M2.1 MM
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 Amortization182.4 K192.1 K352.2 K
Slightly volatile
Interest Expense783.7 K746.4 K202.7 K
Slightly volatile
Selling General Administrative3.5 M4.5 M2.7 M
Slightly volatile
Selling And Marketing Expenses1.4 M1.2 MM
Slightly volatile
Total Revenue16.9 M16.1 M13.1 M
Slightly volatile
Other Operating Expenses19.8 M21.1 M15.1 M
Slightly volatile
Research Development1.3 M886.6 K926.6 K
Slightly volatile
Cost Of Revenue13.6 M14.6 M10.4 M
Slightly volatile
Total Operating Expenses6.3 M6.5 M4.7 M
Slightly volatile
Reconciled Depreciation142.8 K150.3 K406.5 K
Pretty Stable
Non Operating Income Net Other12 K12.6 K40.5 K
Slightly volatile

Polar Power Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow469.4 K494.1 K2.9 M
Very volatile
Depreciation182.4 K192.1 K352.2 K
Slightly volatile
Capital Expenditures16.2 K17.1 K143 K
Pretty Stable
End Period Cash Flow425.8 K448.2 KM
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.630.6637.3116
Slightly volatile
PTB Ratio1.031.08126
Slightly volatile
Days Sales Outstanding72.8550.6376.5583
Slightly volatile
Book Value Per Share3.213.051.4995
Slightly volatile
Average Payables775.6 K738.6 K546.1 K
Slightly volatile
Stock Based Compensation To Revenue0.02960.03690.0444
Slightly volatile
Capex To Depreciation0.120.130.646
Slightly volatile
PB Ratio1.031.08126
Slightly volatile
EV To Sales1.131.1937.3683
Slightly volatile
Inventory Turnover1.941.132.1785
Slightly volatile
Days Of Inventory On Hand198335215
Slightly volatile
Payables Turnover24.4627.9232.773
Pretty Stable
Sales General And Administrative To Revenue0.180.250.1929
Slightly volatile
Average Inventory5.1 M10.1 M7.3 M
Slightly volatile
Research And Ddevelopement To Revenue0.06140.04970.0612
Slightly volatile
Capex To Revenue0.00150.00160.0122
Slightly volatile
Cash Per Share0.220.230.352
Very volatile
Days Payables Outstanding13.3910.5914.2822
Pretty Stable
Current Ratio1.992.14.4438
Very volatile
Tangible Book Value Per Share3.213.051.4995
Slightly volatile
Receivables Turnover6.947.466.878
Pretty Stable
Shareholders Equity Per Share3.213.051.4995
Slightly volatile
Debt To Equity0.770.730.4928
Pretty Stable
Capex Per Share0.00830.00870.0165
Pretty Stable
Average Receivables5.9 M5.4 M5.5 M
Slightly volatile
Revenue Per Share5.265.012.0139
Slightly volatile
Interest Debt Per Share2.852.710.6681
Slightly volatile
Debt To Assets0.370.350.2343
Very volatile
Graham Number6.055.764.6315
Slightly volatile
Operating Cycle271385292
Slightly volatile
Price Book Value Ratio1.031.08126
Slightly volatile
Days Of Payables Outstanding13.3910.5914.2822
Pretty Stable
Ebt Per Ebit0.740.960.9119
Very volatile
Company Equity Multiplier1.722.371.8202
Slightly volatile
Long Term Debt To Capitalization0.00340.00360.0533
Slightly volatile
Total Debt To Capitalization0.420.40.2899
Pretty Stable
Debt Equity Ratio0.770.730.4928
Pretty Stable
Quick Ratio0.350.362.5294
Very volatile
Cash Ratio0.06360.06691.3407
Pretty Stable
Cash Conversion Cycle258375278
Slightly volatile
Days Of Inventory Outstanding198335215
Slightly volatile
Days Of Sales Outstanding72.8550.6376.5583
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.191.03541.1348
Slightly volatile
Price To Book Ratio1.031.08126
Slightly volatile
Fixed Asset Turnover13.498.7312.0527
Pretty Stable
Debt Ratio0.370.350.2343
Very volatile
Price Sales Ratio0.630.6637.3116
Slightly volatile
Asset Turnover0.990.921.1117
Slightly volatile
Price Fair Value1.031.08126
Slightly volatile

Polar Power Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap8.8 M9.2 M296.8 M
Slightly volatile
Enterprise Value15.8 M16.6 M290.9 M
Slightly volatile

Polar Fundamental Market Drivers

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 Revenue698 K681 K
Total Revenue16.1 M16.9 M
Cost Of Revenue14.6 M13.6 M
Stock Based Compensation To Revenue 0.04  0.03 
Sales General And Administrative To Revenue 0.25  0.18 
Research And Ddevelopement To Revenue 0.05  0.06 
Revenue Per Share 5.01  5.26 
Ebit Per Revenue(0.36)(0.38)

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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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
(1.82)
Revenue Per Share
4.768
Quarterly Revenue Growth
(0.42)
Return On Assets
(0.13)
Return On Equity
(0.49)
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.