Polar Power Stock Total Asset

POLA Stock  USD 3.38  0.39  13.04%   
Polar Power fundamentals help investors to digest information that contributes to Polar Power's financial success or failures. It also enables traders to predict the movement of Polar Stock. The fundamental analysis module provides a way to measure Polar Power's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Polar Power stock.
Last ReportedProjected for Next Year
Total Assets25.3 M22.2 M
As of November 22, 2024, Total Assets is expected to decline to about 22.2 M.
  
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Polar Power Company Total Asset Analysis

Polar Power's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Polar Power Total Asset

    
  25.26 M  
Most of Polar Power's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Polar Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Polar Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Polar Power is extremely important. It helps to project a fair market value of Polar Stock properly, considering its historical fundamentals such as Total Asset. Since Polar Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Polar Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Polar Power's interrelated accounts and indicators.
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Polar Total Asset Historical Pattern

Today, most investors in Polar Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Polar Power's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Polar Power total asset as a starting point in their analysis.
   Polar Power Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Polar Total Assets

Total Assets

22.23 Million

At present, Polar Power's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Polar Power has a Total Asset of 25.26 M. This is 99.37% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The total asset for all United States stocks is 99.91% higher than that of the company.

Polar Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Polar Power's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Polar Power could also be used in its relative valuation, which is a method of valuing Polar Power by comparing valuation metrics of similar companies.
Polar Power is currently under evaluation in total asset category among its peers.

Polar Power Current Valuation Drivers

We derive many important indicators used in calculating different scores of Polar Power from analyzing Polar Power's financial statements. These drivers represent accounts that assess Polar Power's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Polar Power's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap168.7M361.9M318.8M116.3M5.4M5.1M
Enterprise Value169.2M364.4M315.2M118.5M12.4M11.8M

Polar Power ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Polar Power's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Polar Power's managers, analysts, and investors.
Environmental
Governance
Social

Polar Power Institutional Holders

Institutional Holdings refers to the ownership stake in Polar Power that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Polar Power's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Polar Power's value.
Shares
Morgan Stanley - Brokerage Accounts2024-06-30
600
Bank Of America Corp2024-06-30
391
Royal Bank Of Canada2024-06-30
165
Qube Research & Technologies2024-06-30
50.0
Corecap Advisors, Llc2024-06-30
48.0
Wells Fargo & Co2024-06-30
0.0
Fidelity Management And Research Company2024-06-30
0.0
Millennium Management Llc2024-06-30
0.0
Visionpoint Advisory Group, Llc2024-09-30
0.0
Bard Associates Inc2024-06-30
2.8 M
Blackrock Inc2024-06-30
85.9 K

Polar Fundamentals

About Polar Power Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Polar Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Polar Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Polar Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 Polar Power Piotroski F Score and Polar Power Altman Z Score analysis.
For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.