Polar Power Statistics
Total Valuation
Polar Power has a market cap or net worth of $7.25 million. The enterprise value is $13.84 million.
Important Dates
The last earnings date was Thursday, November 14, 2024, after market close.
| Earnings Date | Nov 14, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Polar Power has 2.51 million shares outstanding. The number of shares has increased by 30.20% in one year.
| Current Share Class | 2.51M |
| Shares Outstanding | 2.51M |
| Shares Change (YoY) | +30.20% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 32.18% |
| Owned by Institutions (%) | 19.61% |
| Float | 1.70M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.46 |
| Forward PS | n/a |
| PB Ratio | 0.63 |
| P/TBV Ratio | 0.63 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.93 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.19, with a Debt / Equity ratio of 0.61.
| Current Ratio | 2.19 |
| Quick Ratio | 0.40 |
| Debt / Equity | 0.61 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -6.55 |
Financial Efficiency
Return on equity (ROE) is -36.30% and return on invested capital (ROIC) is -13.20%.
| Return on Equity (ROE) | -36.30% |
| Return on Assets (ROA) | -11.28% |
| Return on Capital (ROIC) | -13.20% |
| Revenue Per Employee | $171,874 |
| Profits Per Employee | -$54,977 |
| Employee Count | 87 |
| Asset Turnover | 0.61 |
| Inventory Turnover | 0.79 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -50.26% in the last 52 weeks. The beta is 0.95, so Polar Power's price volatility has been similar to the market average.
| Beta (5Y) | 0.95 |
| 52-Week Price Change | -50.26% |
| 50-Day Moving Average | 3.27 |
| 200-Day Moving Average | 3.06 |
| Relative Strength Index (RSI) | 44.47 |
| Average Volume (20 Days) | 38,752 |
Short Selling Information
The latest short interest is 235,173, so 9.37% of the outstanding shares have been sold short.
| Short Interest | 235,173 |
| Short Previous Month | 246,152 |
| Short % of Shares Out | 9.37% |
| Short % of Float | 13.82% |
| Short Ratio (days to cover) | 0.64 |
Income Statement
In the last 12 months, Polar Power had revenue of $14.95 million and -$4.78 million in losses. Loss per share was -$2.00.
| Revenue | 14.95M |
| Gross Profit | 1.43M |
| Operating Income | -4.45M |
| Pretax Income | -7.58M |
| Net Income | -4.78M |
| EBITDA | -4.23M |
| EBIT | -4.45M |
| Loss Per Share | -$2.00 |
Full Income StatementBalance Sheet
The company has $498,000 in cash and $7.09 million in debt, giving a net cash position of -$6.59 million or -$2.63 per share.
| Cash & Cash Equivalents | 498,000 |
| Total Debt | 7.09M |
| Net Cash | -6.59M |
| Net Cash Per Share | -$2.63 |
| Equity (Book Value) | 11.56M |
| Book Value Per Share | 4.61 |
| Working Capital | 10.13M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$746,000 and capital expenditures -$18,000, giving a free cash flow of -$764,000.
| Operating Cash Flow | -746,000 |
| Capital Expenditures | -18,000 |
| Free Cash Flow | -764,000 |
| FCF Per Share | -$0.30 |
Full Cash Flow StatementMargins
Gross margin is 9.54%, with operating and profit margins of -29.77% and -31.99%.
| Gross Margin | 9.54% |
| Operating Margin | -29.77% |
| Pretax Margin | -31.99% |
| Profit Margin | -31.99% |
| EBITDA Margin | -28.27% |
| EBIT Margin | -29.77% |
| FCF Margin | -26.84% |