Polar Historical Income Statement
| POLA Stock | USD 3.30 0.08 2.37% |
Historical analysis of Polar Power income statement accounts such as Selling And Marketing Expenses of 1.5 M, Total Revenue of 17.1 M, Gross Profit of 660.2 K or Other Operating Expenses of 19.8 M can show how well Polar Power performed in making a profits. Evaluating Polar Power income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Polar Power's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Polar Power latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Polar Power is a good buy for the upcoming year.
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About Polar Income Statement Analysis
Polar Power Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Polar Power shareholders. The income statement also shows Polar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Polar Power Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Polar Power generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Polar Power. It is also known as Polar Power overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Polar Power's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Polar Power current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.At present, Polar Power's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 587 K, whereas Selling General Administrative is forecasted to decline to about 3.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 60K | 58K | 559K | 587.0K | Depreciation And Amortization | 549K | 507K | 387K | 561.6K |
Polar Power income statement Correlations
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Polar Power Account Relationship Matchups
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Polar Power income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.3M | 1.2M | 549K | 507K | 387K | 561.6K | |
| Interest Expense | 103.3K | 48K | 60K | 58K | 559K | 587.0K | |
| Selling General Administrative | 4.0M | 4.1M | 3.1M | 4.7M | 4.3M | 3.4M | |
| Selling And Marketing Expenses | 2.6M | 1.6M | 1.5M | 1.5M | 1.2M | 1.5M | |
| Total Revenue | 24.8M | 9.0M | 16.9M | 16.1M | 15.3M | 17.1M | |
| Gross Profit | 4.9M | (5.6M) | 3.4M | 2.1M | 695K | 660.3K | |
| Other Operating Expenses | 28.8M | 22.0M | 20.0M | 21.6M | 21.3M | 19.8M | |
| Operating Income | (4.0M) | (13.0M) | (3.1M) | (5.5M) | (6.0M) | (5.7M) | |
| Net Income From Continuing Ops | (4.0M) | (10.9M) | (1.4M) | (5.6M) | (4.7M) | (4.5M) | |
| Ebit | (4.0M) | (13.6M) | (1.4M) | (5.5M) | (6.0M) | (5.7M) | |
| Research Development | 2.3M | 1.7M | 2.0M | 1.5M | 1.2M | 1.4M | |
| Ebitda | (2.7M) | (12.3M) | (805.0K) | (5.0M) | (5.6M) | (5.3M) | |
| Cost Of Revenue | 19.9M | 14.7M | 13.5M | 13.9M | 14.6M | 13.5M | |
| Total Operating Expenses | 8.9M | 7.3M | 6.5M | 7.7M | 6.7M | 6.3M | |
| Income Before Tax | (4.0M) | (13.0M) | (1.4M) | (5.6M) | (6.5M) | (6.2M) | |
| Total Other Income Expense Net | (63.3K) | (46K) | 1.7M | (51K) | (558K) | (530.1K) | |
| Net Income Applicable To Common Shares | (848.3K) | (4.0M) | (10.9M) | (1.4M) | (1.3M) | (1.3M) | |
| Net Income | (4.2M) | (10.9M) | (3.2M) | (5.6M) | (6.5M) | (6.2M) | |
| Income Tax Expense | 143.4K | (2.1M) | 1.8M | (7K) | 219.1K | 266.5K | |
| Interest Income | 17.8K | 55.7K | 63.3K | 14K | 12.6K | 12.0K | |
| Net Interest Income | (103.3K) | (46K) | (60K) | (58K) | (394K) | (374.3K) | |
| Reconciled Depreciation | 1.3M | 1.2M | 549K | 507K | 429K | 732.4K |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.