Polestar Change To Inventory vs Stock Based Compensation Analysis

PSNY Stock

USD 1.14 0.05 4.59%

Polestar Automotive financial indicator trend analysis is much more than just breaking down Polestar Automotive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polestar Automotive is a good investment. Please check the relationship between Polestar Automotive Change To Inventory and its Stock Based Compensation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polestar Automotive Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Inventory vs Stock Based Compensation

Change To Inventory vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polestar Automotive Change To Inventory account and Stock Based Compensation. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Polestar Automotive's Change To Inventory and Stock Based Compensation is -0.59. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Polestar Automotive Holding, assuming nothing else is changed. The correlation between historical values of Polestar Automotive's Change To Inventory and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Polestar Automotive Holding are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Inventory i.e., Polestar Automotive's Change To Inventory and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

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Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Polestar Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polestar Automotive 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 Polestar Automotive Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to rise to about (6.8 M) in 2024. Selling General Administrative is likely to drop to about 672 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	239.2M	158.4M	182.2M	180.7M
Interest Income	1.4M	8.6M	32.3M	33.9M

Depreciation And Amortization Interest Income

Polestar Automotive fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt
Total Assets		0.76	0.99	1.0	-0.85	0.87	-0.98	1.0	0.63	-0.93	0.64	0.96	1.0	0.11	0.85	0.96	0.95	-0.48	-0.02	0.81	0.99	-0.46	0.71	0.98	1.0	0.86
Short Long Term Debt Total	0.76		0.78	0.74	-0.99	0.93	-0.78	0.76	0.98	-0.93	0.12	0.68	0.77	0.45	0.94	0.68	0.68	-0.78	0.31	0.99	0.78	-0.09	0.87	0.81	0.76	0.85
Other Current Liab	0.99	0.78		0.99	-0.86	0.87	-0.97	1.0	0.65	-0.93	0.59	0.96	0.99	0.18	0.85	0.96	0.93	-0.49	0.03	0.81	0.99	-0.44	0.71	1.0	0.99	0.89
Total Current Liabilities	1.0	0.74	0.99		-0.83	0.84	-0.98	1.0	0.6	-0.91	0.68	0.97	1.0	0.07	0.82	0.97	0.94	-0.46	0.0	0.78	0.98	-0.52	0.67	0.98	0.99	0.83
Total Stockholder Equity	-0.85	-0.99	-0.86	-0.83		-0.95	0.86	-0.85	-0.94	0.97	-0.24	-0.77	-0.85	-0.4	-0.96	-0.77	-0.76	0.74	-0.28	-0.99	-0.85	0.19	-0.86	-0.89	-0.84	-0.89
Other Liab	0.87	0.93	0.87	0.84	-0.95		-0.89	0.85	0.86	-0.98	0.26	0.83	0.85	0.45	1.0	0.83	0.79	-0.79	0.24	0.96	0.85	-0.05	0.95	0.89	0.88	0.9
Net Tangible Assets	-0.98	-0.78	-0.97	-0.98	0.86	-0.89		-0.98	-0.64	0.94	-0.64	-0.98	-0.98	-0.1	-0.88	-0.98	-0.9	0.6	-0.12	-0.82	-0.94	0.44	-0.74	-0.95	-0.97	-0.82
Property Plant And Equipment Net	1.0	0.76	1.0	1.0	-0.85	0.85	-0.98		0.62	-0.92	0.65	0.97	1.0	0.11	0.83	0.97	0.93	-0.48	0.03	0.79	0.98	-0.49	0.69	0.98	0.99	0.85
Net Debt	0.63	0.98	0.65	0.6	-0.94	0.86	-0.64	0.62		-0.84	-0.05	0.52	0.63	0.51	0.88	0.52	0.56	-0.75	0.32	0.96	0.66	0.01	0.82	0.7	0.63	0.77
Retained Earnings	-0.93	-0.93	-0.93	-0.91	0.97	-0.98	0.94	-0.92	-0.84		-0.38	-0.89	-0.92	-0.35	-0.98	-0.89	-0.85	0.72	-0.2	-0.96	-0.92	0.21	-0.89	-0.95	-0.94	-0.92
Accounts Payable	0.64	0.12	0.59	0.68	-0.24	0.26	-0.64	0.65	-0.05	-0.38		0.65	0.68	-0.66	0.21	0.65	0.71	0.1	-0.38	0.17	0.61	-0.87	0.01	0.52	0.62	0.17
Cash	0.96	0.68	0.96	0.97	-0.77	0.83	-0.98	0.97	0.52	-0.89	0.65		0.96	0.13	0.82	1.0	0.86	-0.55	0.14	0.72	0.91	-0.4	0.71	0.93	0.96	0.82
Non Current Assets Total	1.0	0.77	0.99	1.0	-0.85	0.85	-0.98	1.0	0.63	-0.92	0.68	0.96		0.05	0.83	0.96	0.95	-0.47	-0.02	0.8	0.98	-0.53	0.67	0.97	0.99	0.82
Non Currrent Assets Other	0.11	0.45	0.18	0.07	-0.4	0.45	-0.1	0.11	0.51	-0.35	-0.66	0.13	0.05		0.49	0.13	-0.07	-0.59	0.57	0.44	0.11	0.76	0.66	0.25	0.15	0.6
Other Assets	0.85	0.94	0.85	0.82	-0.96	1.0	-0.88	0.83	0.88	-0.98	0.21	0.82	0.83	0.49		0.82	0.74	-0.83	0.32	0.97	0.82	-0.02	0.96	0.87	0.85	0.9
Cash And Short Term Investments	0.96	0.68	0.96	0.97	-0.77	0.83	-0.98	0.97	0.52	-0.89	0.65	1.0	0.96	0.13	0.82		0.86	-0.55	0.14	0.72	0.91	-0.4	0.71	0.93	0.96	0.82
Net Receivables	0.95	0.68	0.93	0.94	-0.76	0.79	-0.9	0.93	0.56	-0.85	0.71	0.86	0.95	-0.07	0.74	0.86		-0.29	-0.3	0.74	0.97	-0.56	0.59	0.92	0.95	0.73
Good Will	-0.48	-0.78	-0.49	-0.46	0.74	-0.79	0.6	-0.48	-0.75	0.72	0.1	-0.55	-0.47	-0.59	-0.83	-0.55	-0.29		-0.73	-0.77	-0.4	-0.29	-0.88	-0.51	-0.49	-0.63
Common Stock Shares Outstanding	-0.02	0.31	0.03	0.0	-0.28	0.24	-0.12	0.03	0.32	-0.2	-0.38	0.14	-0.02	0.57	0.32	0.14	-0.3	-0.73		0.25	-0.11	0.43	0.4	0.04	-0.02	0.25
Non Current Liabilities Total	0.81	0.99	0.81	0.78	-0.99	0.96	-0.82	0.79	0.96	-0.96	0.17	0.72	0.8	0.44	0.97	0.72	0.74	-0.77	0.25		0.81	-0.09	0.9	0.85	0.81	0.87
Inventory	0.99	0.78	0.99	0.98	-0.85	0.85	-0.94	0.98	0.66	-0.92	0.61	0.91	0.98	0.11	0.82	0.91	0.97	-0.4	-0.11	0.81		-0.48	0.67	0.99	0.98	0.86
Other Current Assets	-0.46	-0.09	-0.44	-0.52	0.19	-0.05	0.44	-0.49	0.01	0.21	-0.87	-0.4	-0.53	0.76	-0.02	-0.4	-0.56	-0.29	0.43	-0.09	-0.48		0.24	-0.37	-0.42	-0.02
Other Stockholder Equity	0.71	0.87	0.71	0.67	-0.86	0.95	-0.74	0.69	0.82	-0.89	0.01	0.71	0.67	0.66	0.96	0.71	0.59	-0.88	0.4	0.9	0.67	0.24		0.75	0.73	0.86
Total Liab	0.98	0.81	1.0	0.98	-0.89	0.89	-0.95	0.98	0.7	-0.95	0.52	0.93	0.97	0.25	0.87	0.93	0.92	-0.51	0.04	0.85	0.99	-0.37	0.75		0.99	0.92
Total Current Assets	1.0	0.76	0.99	0.99	-0.84	0.88	-0.97	0.99	0.63	-0.94	0.62	0.96	0.99	0.15	0.85	0.96	0.95	-0.49	-0.02	0.81	0.98	-0.42	0.73	0.99		0.87
Short Term Debt	0.86	0.85	0.89	0.83	-0.89	0.9	-0.82	0.85	0.77	-0.92	0.17	0.82	0.82	0.6	0.9	0.82	0.73	-0.63	0.25	0.87	0.86	-0.02	0.86	0.92	0.87

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Polestar Change To Inventory vs Stock Based Compensation Analysis

Change To Inventory vs Stock Based Compensation

Change To Inventory vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Change To Inventory

Stock Based Compensation

Polestar Automotive fundamental ratios Correlations

Polestar Automotive Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Polestar Stock Analysis

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Total Current Liabilities	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab

Non Current Liabilities Total	- 0.99	Total Stockholder Equity
Total Stockholder Equity	- 0.99	Short Long Term Debt Total
Other Assets	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.98	Net Tangible Assets
Non Current Assets Total	- 0.98	Net Tangible Assets
Cash	- 0.98	Net Tangible Assets