Polestar Net Receivables vs Non Currrent Assets Other Analysis

PSNYW Stock  USD 0.15  0.01  7.14%   
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 Net Receivables and its Non Currrent Assets Other 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 manufacturing.

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polestar Automotive Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Polestar Automotive's Net Receivables and Non Currrent Assets Other is -0.07. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other 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 Net Receivables and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Polestar Automotive Holding are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., Polestar Automotive's Net Receivables and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 manufacturing.
Tax Provision is likely to climb to about (7.6 M) in 2024. Selling General Administrative is likely to drop to about 673.1 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization239.2M158.4M115.0M169.9M
Interest Income1.4M8.6M69.4M72.9M

Polestar Automotive fundamental ratios Correlations

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Polestar Automotive Account Relationship Matchups

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