Polar Power Stock Today

POLA Stock  USD 3.27  0.02  0.61%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 58

 
High
 
Low
Above Average
Polar Power is trading at 3.27 as of the 18th of January 2025, a 0.61 percent decrease since the beginning of the trading day. The stock's open price was 3.29. Polar Power has over 58 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain
Capital Goods
IPO Date
7th of December 2016
Category
Industrials
Polar Power, Inc. designs, manufactures, and sells direct current power generators, renewable energy, and cooling systems in the United States and internationally. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California. Polar Power operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. The company has 2.51 M outstanding shares of which 60.3 K shares are at this time shorted by private and institutional investors with about 0.64 trading days to cover. More on Polar Power

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Polar Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Executive PresidentBalwinder Samra
Business ConcentrationHeavy Electrical Equipment, Electrical Equipment & Parts, Industrials, NASDAQ Composite, Jakarta Stock Exchange, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.00.7
Way Up
Slightly volatile
Total Current Liabilities12.3 M11.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.2 M2.1 M
Sufficiently Up
Slightly volatile
Total Assets22.2 M29 M
Way Down
Slightly volatile
Total Current Assets20.1 M25.3 M
Significantly Down
Slightly volatile
Debt Levels
Polar Power can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Polar Power's financial leverage. It provides some insight into what part of Polar Power's total assets is financed by creditors.
Liquidity
Polar Power currently holds 7.54 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Polar Power has a current ratio of 4.46, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Polar Power's use of debt, we should always consider it together with its cash and equity.

Sale Purchase Of Stock

7.25 Million
Polar Power (POLA) is traded on NASDAQ Exchange in USA. It is located in 249 East Gardena Boulevard, Gardena, CA, United States, 90248 and employs 87 people. Polar Power is listed under Heavy Electrical Equipment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.25 M. Polar Power conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 2.51 M outstanding shares of which 60.3 K shares are at this time shorted by private and institutional investors with about 0.64 trading days to cover. Polar Power currently holds about 2.66 M in cash with (3.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21.
Check Polar Power Probability Of Bankruptcy
Ownership Allocation
Polar Power has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
Check Polar Ownership Details

Polar Stock Institutional Holders

InstituionRecorded OnShares
Advisor Group Holdings, Inc.2024-09-30
4.2 K
Bank Of America Corp2024-09-30
397
Morgan Stanley - Brokerage Accounts2024-09-30
300
Royal Bank Of Canada2024-06-30
165
Corecap Advisors, Llc2024-09-30
48.0
Wells Fargo & Co2024-06-30
0.0
Millennium Management Llc2024-06-30
0.0
Virtu Financial Llc2024-06-30
0.0
Hrt Financial Llc2024-06-30
0.0
Bard Associates Inc2024-09-30
M
Geode Capital Management, Llc2024-09-30
94.4 K
View Polar Power Diagnostics

Polar Power Historical Income Statement

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 675 K, whereas Selling General Administrative is forecasted to decline to about 3.4 M. View More Fundamentals

Polar Stock Against Markets

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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.