Polar Total Other Income Expense Net from 2010 to 2024

POLA Stock  USD 2.95  0.35  10.61%   
Polar Power's Total Other Income Expense Net is increasing over the years with very volatile fluctuation. Overall, Total Other Income Expense Net is projected to go to about -530.1 K this year. From 2010 to 2024 Polar Power Total Other Income Expense Net quarterly data regression line had arithmetic mean of  14,475 and r-squared of  0.0004. View All Fundamentals
 
Total Other Income Expense Net  
First Reported
2014-12-31
Previous Quarter
41 K
Current Value
-27 K
Quarterly Volatility
282.2 K
 
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 Other Income Expense Net Growth Pattern

Below is the plot of the Total Other Income Expense Net of Polar Power over the last few years. It is Polar Power's Total Other Income Expense Net 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 Other Income Expense Net10 Years Trend
Very volatile
   Total Other Income Expense Net   
       Timeline  

Polar Total Other Income Expense Net Regression Statistics

Arithmetic Mean14,475
Geometric Mean79,798
Coefficient Of Variation3,432
Mean Deviation231,797
Median(54,712)
Standard Deviation496,769
Sample Variance246.8B
Range2.2M
R-Value0.02
Mean Square Error265.7B
R-Squared0.0004
Significance0.94
Slope2,212
Total Sum of Squares3.5T

Polar Total Other Income Expense Net History

2024-530.1 K
2023-558 K
2022-51 K
20211.7 M
2020-46 K
2019-63.3 K
201835.5 K

About Polar Power Financial Statements

Polar Power stakeholders use historical fundamental indicators, such as Polar Power's Total Other Income Expense Net, 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 Other Income Expense Net-558 K-530.1 K

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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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.