Polar Debt Ratio from 2010 to 2024

POLA Stock  USD 3.38  0.39  13.04%   
Polar Power's Debt Ratio is decreasing over the years with slightly volatile fluctuation. Debt Ratio is expected to dwindle to 0.13. From 2010 to 2024 Polar Power Debt Ratio quarterly data regression line had arithmetic mean of  0.18 and r-squared of  0.46. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.18049012
Current Value
0.13
Quarterly Volatility
0.13423845
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest Polar Power's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Polar Power over the last few years. It is Polar Power's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Polar Power's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Polar Debt Ratio Regression Statistics

Arithmetic Mean0.18
Geometric Mean0.11
Coefficient Of Variation74.87
Mean Deviation0.12
Median0.15
Standard Deviation0.13
Sample Variance0.02
Range0.3243
R-Value(0.68)
Mean Square Error0.01
R-Squared0.46
Significance0.01
Slope(0.02)
Total Sum of Squares0.25

Polar Debt Ratio History

2024 0.13
2023 0.18
2022 0.1
2021 0.0453
2020 0.15
2019 0.0469
2018 0.0479

Other Fundumenentals of Polar Power

Polar Power Debt Ratio component correlations

0.970.980.41-0.28-0.410.630.250.820.690.510.231.00.32-0.90.640.52-0.27-0.33-0.430.28
0.970.940.25-0.46-0.230.530.270.820.560.330.050.980.12-0.860.540.32-0.16-0.17-0.230.07
0.980.940.44-0.28-0.430.650.150.810.670.510.260.990.32-0.870.560.55-0.26-0.27-0.390.37
0.410.250.440.57-0.950.46-0.350.370.540.80.810.40.84-0.410.340.82-0.61-0.58-0.630.52
-0.28-0.46-0.280.57-0.650.18-0.09-0.220.310.560.68-0.330.690.20.260.47-0.49-0.54-0.560.44
-0.41-0.23-0.43-0.95-0.65-0.570.26-0.37-0.6-0.9-0.88-0.39-0.940.43-0.43-0.910.70.70.76-0.65
0.630.530.650.460.18-0.57-0.010.530.460.810.720.610.7-0.580.390.5-0.82-0.49-0.560.73
0.250.270.15-0.35-0.090.26-0.010.280.51-0.1-0.320.19-0.24-0.320.63-0.110.31-0.21-0.23-0.28
0.820.820.810.37-0.22-0.370.530.280.690.360.160.830.25-0.70.390.48-0.19-0.12-0.230.17
0.690.560.670.540.31-0.60.460.510.690.590.370.650.48-0.70.830.72-0.2-0.52-0.660.37
0.510.330.510.80.56-0.90.81-0.10.360.590.920.480.96-0.510.550.79-0.86-0.8-0.850.74
0.230.050.260.810.68-0.880.72-0.320.160.370.920.210.96-0.30.260.72-0.88-0.72-0.750.78
1.00.980.990.4-0.33-0.390.610.190.830.650.480.210.28-0.890.570.49-0.25-0.28-0.370.25
0.320.120.320.840.69-0.940.7-0.240.250.480.960.960.28-0.330.380.81-0.85-0.78-0.820.74
-0.9-0.86-0.87-0.410.20.43-0.58-0.32-0.7-0.7-0.51-0.3-0.89-0.33-0.66-0.520.280.460.52-0.25
0.640.540.560.340.26-0.430.390.630.390.830.550.260.570.38-0.660.49-0.19-0.65-0.720.2
0.520.320.550.820.47-0.910.5-0.110.480.720.790.720.490.81-0.520.49-0.46-0.64-0.760.7
-0.27-0.16-0.26-0.61-0.490.7-0.820.31-0.19-0.2-0.86-0.88-0.25-0.850.28-0.19-0.460.570.55-0.63
-0.33-0.17-0.27-0.58-0.540.7-0.49-0.21-0.12-0.52-0.8-0.72-0.28-0.780.46-0.65-0.640.570.97-0.43
-0.43-0.23-0.39-0.63-0.560.76-0.56-0.23-0.23-0.66-0.85-0.75-0.37-0.820.52-0.72-0.760.550.97-0.56
0.280.070.370.520.44-0.650.73-0.280.170.370.740.780.250.74-0.250.20.7-0.63-0.43-0.56
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About Polar Power Financial Statements

Polar Power stakeholders use historical fundamental indicators, such as Polar Power's Debt Ratio, 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
Debt Ratio 0.18  0.13 
Cash Flow To Debt Ratio(0.75)(0.79)

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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.