Polar Total Current Liabilities from 2010 to 2024

POLA Stock  USD 3.30  0.08  2.37%   
Polar Power's Total Current Liabilities is increasing over the years with slightly volatile fluctuation. Overall, Total Current Liabilities is expected to go to about 10.7 M this year. Total Current Liabilities is the total amount of liabilities that Polar Power is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2014-12-31
Previous Quarter
9.4 M
Current Value
8.5 M
Quarterly Volatility
3.1 M
 
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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Polar Power over the last few years. Total Current Liabilities is an item on Polar Power balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Polar Power are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Polar Power's Total Current Liabilities 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.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Polar Total Current Liabilities Regression Statistics

Arithmetic Mean3,579,760
Geometric Mean2,762,673
Coefficient Of Variation86.03
Mean Deviation2,278,888
Median2,400,958
Standard Deviation3,079,534
Sample Variance9.5T
Range9.2M
R-Value0.81
Mean Square Error3.6T
R-Squared0.65
Significance0.0003
Slope554,545
Total Sum of Squares132.8T

Polar Total Current Liabilities History

202410.7 M
202310.2 M
2022M
20213.4 M
20204.5 M
20192.7 M
20181.9 M

About Polar Power Financial Statements

Polar Power stakeholders use historical fundamental indicators, such as Polar Power's Total Current Liabilities, 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
Total Current Liabilities10.2 M10.7 M

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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.