Polar Historical Balance Sheet

POLA Stock  USD 3.30  0.08  2.37%   
Trend analysis of Polar Power balance sheet accounts such as Total Stockholder Equity of 17.3 M, Net Tangible Assets of 17.3 M, Property Plant And Equipment Net of 2 M or Current Deferred Revenue of 1.7 M provides information on Polar Power's total assets, liabilities, and equity, which is the actual value of Polar Power to its prevalent stockholders. By breaking down trends over time using Polar Power balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Yuan Drop
 
Covid
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.

Polar Power Inventory

9.45 Million

  
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.

About Polar Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Polar Power at a specified time, usually calculated after every quarter, six months, or one year. Polar Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Polar Power and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Polar currently owns. An asset can also be divided into two categories, current and non-current.

Polar Power Balance Sheet Chart

At present, Polar Power's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 10.7 M, whereas Total Assets are forecasted to decline to about 22.2 M.

Total Assets

Total assets refers to the total amount of Polar Power assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Polar Power books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Polar Power balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Polar Power are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Polar Power's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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 Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 10.7 M, whereas Total Assets are forecasted to decline to about 22.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.5M2.4M7.5M7.9M
Total Assets27.2M24.2M25.3M22.2M

Polar Power balance sheet Correlations

0.370.560.480.970.980.60.41-0.28-0.410.630.530.56-0.46-0.830.250.530.82-0.170.690.460.80.560.910.510.62
0.370.410.940.180.360.630.720.68-0.860.77-0.370.640.38-0.68-0.05-0.370.21-0.750.540.80.65-0.020.520.980.74
0.560.410.560.450.620.270.43-0.11-0.360.540.340.26-0.41-0.37-0.230.340.26-0.520.270.270.570.010.530.540.49
0.480.940.560.310.50.460.860.55-0.920.79-0.230.450.22-0.72-0.25-0.230.37-0.730.520.610.690.130.660.980.84
0.970.180.450.310.940.470.25-0.46-0.230.530.660.43-0.58-0.720.270.660.82-0.040.560.320.660.570.810.330.49
0.980.360.620.50.940.540.44-0.28-0.430.650.530.5-0.42-0.80.150.530.81-0.20.670.390.810.550.920.510.65
0.60.630.270.460.470.540.250.28-0.430.52-0.051.00.07-0.70.6-0.050.34-0.250.790.930.760.210.590.60.48
0.410.720.430.860.250.440.250.57-0.950.46-0.370.230.26-0.69-0.35-0.370.37-0.350.540.320.70.420.690.80.86
-0.280.68-0.110.55-0.46-0.280.280.57-0.650.18-0.930.30.8-0.2-0.09-0.93-0.22-0.340.310.440.26-0.10.020.560.43
-0.41-0.86-0.36-0.92-0.23-0.43-0.43-0.95-0.65-0.570.4-0.42-0.350.730.260.4-0.370.47-0.6-0.51-0.7-0.36-0.7-0.9-0.86
0.630.770.540.790.530.650.520.460.18-0.570.150.510.05-0.66-0.010.150.53-0.820.460.640.59-0.040.580.810.67
0.53-0.370.34-0.230.660.53-0.05-0.37-0.930.40.15-0.07-0.83-0.080.091.00.380.06-0.13-0.17-0.010.120.23-0.24-0.19
0.560.640.260.450.430.51.00.230.3-0.420.51-0.070.09-0.660.61-0.070.3-0.270.770.940.730.180.550.60.46
-0.460.38-0.410.22-0.58-0.420.070.260.8-0.350.05-0.830.090.03-0.14-0.83-0.33-0.230.10.2-0.03-0.15-0.20.230.2
-0.83-0.68-0.37-0.72-0.72-0.8-0.7-0.69-0.20.73-0.66-0.08-0.660.03-0.23-0.08-0.680.25-0.8-0.65-0.9-0.47-0.9-0.76-0.73
0.25-0.05-0.23-0.250.270.150.6-0.35-0.090.26-0.010.090.61-0.14-0.230.090.280.30.510.480.21-0.030.09-0.1-0.22
0.53-0.370.34-0.230.660.53-0.05-0.37-0.930.40.151.0-0.07-0.83-0.080.090.380.06-0.13-0.17-0.010.120.23-0.24-0.19
0.820.210.260.370.820.810.340.37-0.22-0.370.530.380.3-0.33-0.680.280.38-0.040.690.20.580.530.780.360.51
-0.17-0.75-0.52-0.73-0.04-0.2-0.25-0.35-0.340.47-0.820.06-0.27-0.230.250.30.06-0.04-0.06-0.5-0.230.43-0.17-0.73-0.44
0.690.540.270.520.560.670.790.540.31-0.60.46-0.130.770.1-0.80.51-0.130.69-0.060.650.870.490.810.590.65
0.460.80.270.610.320.390.930.320.44-0.510.64-0.170.940.2-0.650.48-0.170.2-0.50.650.66-0.010.460.740.5
0.80.650.570.690.660.810.760.70.26-0.70.59-0.010.73-0.03-0.90.21-0.010.58-0.230.870.660.50.90.740.8
0.56-0.020.010.130.570.550.210.42-0.1-0.36-0.040.120.18-0.15-0.47-0.030.120.530.430.49-0.010.50.670.10.54
0.910.520.530.660.810.920.590.690.02-0.70.580.230.55-0.2-0.90.090.230.78-0.170.810.460.90.670.660.78
0.510.980.540.980.330.510.60.80.56-0.90.81-0.240.60.23-0.76-0.1-0.240.36-0.730.590.740.740.10.660.83
0.620.740.490.840.490.650.480.860.43-0.860.67-0.190.460.2-0.73-0.22-0.190.51-0.440.650.50.80.540.780.83
Click cells to compare fundamentals

Polar Power Account Relationship Matchups

Polar Power balance sheet Accounts

201920202021202220232024 (projected)
Total Assets23.6M17.8M27.2M24.2M25.3M22.2M
Short Long Term Debt Total3.4M4.2M1.5M2.4M7.5M7.9M
Other Current Liab1.0M402K364K1.3M1.8M984.1K
Total Current Liabilities2.7M4.5M3.4M6.0M10.2M10.7M
Total Stockholder Equity18.4M11.5M23.3M18.2M13.2M17.3M
Net Tangible Assets22.4M18.4M11.5M23.3M26.7M17.3M
Property Plant And Equipment Net4.3M3.1M1.9M778K3.2M2.0M
Current Deferred Revenue197.5K703K897K2.1M1.6M1.7M
Net Debt543.1K2.5M(3.6M)2.2M7.0M7.3M
Retained Earnings(1.2M)(12.1M)(13.5M)(19.1M)(25.7M)(24.4M)
Accounts Payable574.5K311K328K230K1.8M1.9M
Cash2.8M1.6M5.1M211K549K521.6K
Non Current Assets Total4.4M3.2M2.0M871K3.3M2.1M
Long Term Debt777.9K796K268K57K65.6K62.3K
Cash And Short Term Investments2.8M1.6M5.1M211K549K521.6K
Net Receivables1.2M3.5M7.0M5.0M4.5M4.4M
Common Stock Shares Outstanding10.1M10.8M12.7M12.9M1.9M1.8M
Long Term Debt Total126.8K924.5K777.9K796K915.4K501.0K
Liabilities And Stockholders Equity23.6M17.8M27.2M24.2M25.3M22.2M
Non Current Liabilities Total2.4M1.8M536K57K1.9M1.9M
Inventory13.9M9.1M9.0M15.5M16.5M9.4M
Other Current Assets1.3M358K4.0M2.6M455.0K432.3K
Other Stockholder Equity19.6M23.6M36.8M37.3M38.8M24.1M
Total Liab5.2M6.3M3.9M6.0M12.1M12.7M
Property Plant And Equipment Gross4.3M1.5K6.2M7.1M8.1M8.5M
Short Long Term Debt328.2K1.7M242K2.1M4.6M4.8M
Total Current Assets19.2M14.6M25.2M23.3M22.0M20.1M
Short Term Debt945.8K3.0M1.7M2.6M5.7M6.0M
Property Plant Equipment2.1M4.3M3.1M1.9M2.2M1.9M
Capital Surpluse19.3M19.6M19.7M23.6M27.2M22.3M
Net Invested Capital19.5M14.0M23.8M20.3M17.7M16.2M
Net Working Capital16.4M10.1M21.8M17.4M11.8M13.8M

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 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.