Polar Long Term Debt vs Total Revenue Analysis
POLA Stock | USD 3.01 0.14 4.88% |
Polar Power financial indicator trend analysis is much more than just breaking down Polar Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polar Power is a good investment. Please check the relationship between Polar Power Long Term Debt and its Total Revenue accounts. 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.
Long Term Debt vs Total Revenue
Long Term Debt vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polar Power Long Term Debt account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Polar Power's Long Term Debt and Total Revenue is 0.42. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Polar Power, assuming nothing else is changed. The correlation between historical values of Polar Power's Long Term Debt and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Polar Power are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Long Term Debt i.e., Polar Power's Long Term Debt and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Polar Power has held for over one year. Long-term debt appears on Polar Power balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Polar Power balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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.Most indicators from Polar Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.As of November 29, 2024, Selling General Administrative is expected to decline to about 3.4 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 1.5 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 60K | 58K | 559K | 587.0K | Depreciation And Amortization | 549K | 507K | 387K | 561.6K |
Polar Power fundamental ratios Correlations
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Polar Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Polar Power fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.6M | 17.8M | 27.2M | 24.2M | 25.3M | 22.2M | |
Short Long Term Debt Total | 3.4M | 4.2M | 1.5M | 2.4M | 7.5M | 7.9M | |
Other Current Liab | 1.0M | 402K | 364K | 1.3M | 1.8M | 984.1K | |
Total Current Liabilities | 2.7M | 4.5M | 3.4M | 6.0M | 10.2M | 10.7M | |
Total Stockholder Equity | 18.4M | 11.5M | 23.3M | 18.2M | 13.2M | 17.3M | |
Net Tangible Assets | 22.4M | 18.4M | 11.5M | 23.3M | 26.7M | 17.3M | |
Property Plant And Equipment Net | 4.3M | 3.1M | 1.9M | 778K | 3.2M | 2.0M | |
Current Deferred Revenue | 197.5K | 703K | 897K | 2.1M | 1.6M | 1.7M | |
Net Debt | 543.1K | 2.5M | (3.6M) | 2.2M | 7.0M | 7.3M | |
Retained Earnings | (1.2M) | (12.1M) | (13.5M) | (19.1M) | (25.7M) | (24.4M) | |
Accounts Payable | 574.5K | 311K | 328K | 230K | 1.8M | 1.9M | |
Cash | 2.8M | 1.6M | 5.1M | 211K | 549K | 521.6K | |
Non Current Assets Total | 4.4M | 3.2M | 2.0M | 871K | 3.3M | 2.1M | |
Long Term Debt | 777.9K | 796K | 268K | 57K | 65.6K | 62.3K | |
Cash And Short Term Investments | 2.8M | 1.6M | 5.1M | 211K | 549K | 521.6K | |
Net Receivables | 1.2M | 3.5M | 7.0M | 5.0M | 4.5M | 4.4M | |
Common Stock Shares Outstanding | 10.1M | 10.8M | 12.7M | 12.9M | 1.9M | 1.8M | |
Long Term Debt Total | 126.8K | 924.5K | 777.9K | 796K | 915.4K | 501.0K | |
Liabilities And Stockholders Equity | 23.6M | 17.8M | 27.2M | 24.2M | 25.3M | 22.2M | |
Non Current Liabilities Total | 2.4M | 1.8M | 536K | 57K | 1.9M | 1.9M | |
Inventory | 13.9M | 9.1M | 9.0M | 15.5M | 16.5M | 9.4M | |
Other Current Assets | 1.3M | 358K | 4.0M | 2.6M | 455.0K | 432.3K | |
Other Stockholder Equity | 19.6M | 23.6M | 36.8M | 37.3M | 38.8M | 24.1M | |
Total Liab | 5.2M | 6.3M | 3.9M | 6.0M | 12.1M | 12.7M | |
Property Plant And Equipment Gross | 4.3M | 1.5K | 6.2M | 7.1M | 8.1M | 8.5M | |
Short Long Term Debt | 328.2K | 1.7M | 242K | 2.1M | 4.6M | 4.8M | |
Total Current Assets | 19.2M | 14.6M | 25.2M | 23.3M | 22.0M | 20.1M | |
Short Term Debt | 945.8K | 3.0M | 1.7M | 2.6M | 5.7M | 6.0M | |
Property Plant Equipment | 2.1M | 4.3M | 3.1M | 1.9M | 2.2M | 1.9M | |
Capital Surpluse | 19.3M | 19.6M | 19.7M | 23.6M | 27.2M | 22.3M | |
Net Invested Capital | 19.5M | 14.0M | 23.8M | 20.3M | 17.7M | 16.2M | |
Net Working Capital | 16.4M | 10.1M | 21.8M | 17.4M | 11.8M | 13.8M |
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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.