Polaris Inc. (PII)

Polaris Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	287.8	367.8	324.5	502.3	634.7
Trading Asset Securities	-	0.9	5.9	-	-
Cash & Short-Term Investments	287.8	368.7	330.4	502.3	634.7
Cash Growth	-21.94%	11.59%	-34.22%	-20.86%	304.01%
Accounts Receivable	192.3	306.4	343	227.9	257.2
Other Receivables	15.1	9	20.3	4	3.9
Receivables	207.4	315.4	363.3	231.9	261.1
Inventory	1,742	1,811	1,896	1,511	1,178
Prepaid Expenses	395.7	192.5	169.4	148.5	133.1
Other Current Assets	-	4.6	8.4	165.6	1
Total Current Assets	2,632	2,692	2,768	2,559	2,208
Property, Plant & Equipment	1,314	1,345	1,129	1,018	1,014
Long-Term Investments	-	71.9	50.3	23	7.5
Goodwill	-	394.4	386.2	391.3	397.3
Other Intangible Assets	936.2	512	524.4	543.9	686.4
Long-Term Deferred Tax Assets	384.6	295.9	210.5	162.9	177.7
Other Long-Term Assets	121.4	63.9	56.4	300.2	82.7
Total Assets	5,525	5,516	5,218	5,048	4,633
Accounts Payable	562.8	713.1	847.6	776	782.2
Accrued Expenses	1,260	937.2	723.9	510.5	637.7
Current Portion of Long-Term Debt	434.3	52.3	552.1	559.7	158.7
Current Portion of Leases	-	31.2	25.6	20.8	36.2
Current Income Taxes Payable	-	13.6	6.5	17.1	22
Current Unearned Revenue	-	-	-	34.7	37.8
Other Current Liabilities	36.4	186.4	172.9	311.3	214.8
Total Current Liabilities	2,293	1,934	2,329	2,230	1,889
Long-Term Debt	1,638	1,846	1,494	1,235	1,294
Long-Term Leases	-	123.7	96.9	83.4	107
Long-Term Unearned Revenue	-	-	-	73.6	69.3
Long-Term Deferred Tax Liabilities	-	2.7	4.6	5.5	4.4
Other Long-Term Liabilities	299.8	189.5	192	141.2	75.6
Total Liabilities	4,231	4,096	4,116	3,822	3,488
Common Stock	1,290	0.6	0.6	0.6	0.6
Additional Paid-In Capital	-	1,232	1,152	1,144	983.9
Retained Earnings	-	243.5	33.8	157.3	218.4
Comprehensive Income & Other	-	-57.5	-87.5	-77.4	-58.4
Total Common Equity	1,290	1,418	1,099	1,224	1,145
Minority Interest	4.2	2.4	2.5	2	0.3
Shareholders' Equity	1,294	1,421	1,102	1,226	1,145
Total Liabilities & Equity	5,525	5,516	5,218	5,048	4,633
Total Debt	2,072	2,053	2,169	1,899	1,596
Net Cash (Debt)	-1,785	-1,684	-1,839	-1,397	-961.1
Net Cash Per Share	-31.42	-29.19	-30.59	-22.28	-15.35
Filing Date Shares Outstanding	56.3	56.4	57.08	60.05	61.97
Total Common Shares Outstanding	56.3	56.5	57	60.4	61.9
Working Capital	339.2	757.9	439	328.9	318.1
Book Value Per Share	22.91	25.10	19.28	20.27	18.49
Tangible Book Value	353.7	512	188.4	289.1	60.8
Tangible Book Value Per Share	6.28	9.06	3.31	4.79	0.98
Land	-	653.4	539.1	501.1	517.2
Machinery	-	1,732	1,645	1,598	1,500

Source: S&P Capital IQ. Standard template. Financial Sources.