Polar Power Statistics

Total Valuation

Polar Power has a market cap or net worth of $8.12 million. The enterprise value is $15.75 million.

Market Cap	8.12M
Enterprise Value	15.75M

Important Dates

The next estimated earnings date is Monday, August 12, 2024, after market close.

Earnings Date	Aug 12, 2024
Ex-Dividend Date	n/a

Share Statistics

Polar Power has 17.56 million shares outstanding. The number of shares has increased by 35.62% in one year.

Shares Outstanding	17.56M
Shares Change (YoY)	+35.62%
Shares Change (QoQ)	+22.66%
Owned by Insiders (%)	32.18%
Owned by Institutions (%)	19.09%
Float	11.91M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.63
Forward PS	n/a
PB Ratio	0.74
P/FCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.22
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.86, with a Debt / Equity ratio of 0.72.

Current Ratio	1.86
Quick Ratio	0.14
Debt / Equity	0.72
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-10.77

Financial Efficiency

Return on equity (ROE) is -54.50% and return on invested capital (ROIC) is -36.51%.

Return on Equity (ROE)	-54.50%
Return on Assets (ROA)	-28.60%
Return on Capital (ROIC)	-36.51%
Revenue Per Employee	$1.61M
Profits Per Employee	-$947,125
Employee Count	8
Asset Turnover	0.49
Inventory Turnover	0.81

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -66.72% in the last 52 weeks. The beta is 0.96, so Polar Power's price volatility has been similar to the market average.

Beta (5Y)	0.96
52-Week Price Change	-66.72%
50-Day Moving Average	0.45
200-Day Moving Average	0.52
Relative Strength Index (RSI)	49.11
Average Volume (20 Days)	143,928

Short Selling Information

The latest short interest is 290,696, so 1.66% of the outstanding shares have been sold short.

Short Interest	290,696
Short Previous Month	285,741
Short % of Shares Out	1.66%
Short % of Float	2.44%
Short Ratio (days to cover)	5.12

Income Statement

In the last 12 months, Polar Power had revenue of $12.88 million and -$7.58 million in losses. Loss per share was -$0.52.

Revenue	12.88M
Gross Profit	-462,000
Operating Income	-6.93M
Pretax Income	-7.58M
Net Income	-7.58M
EBITDA	-6.60M
EBIT	-6.93M
Loss Per Share	-$0.52

Full Income Statement

Balance Sheet

The company has $320,000 in cash and $7.95 million in debt, giving a net cash position of -$7.63 million or -$0.43 per share.

Cash & Cash Equivalents	320,000
Total Debt	7.95M
Net Cash	-7.63M
Net Cash Per Share	-$0.43
Equity (Book Value)	11.05M
Book Value Per Share	0.63
Working Capital	9.67M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$3.26 million and capital expenditures -$194,000, giving a free cash flow of -$3.46 million.

Operating Cash Flow	-3.26M
Capital Expenditures	-194,000
Free Cash Flow	-3.46M
FCF Per Share	-$0.20

Full Cash Flow Statement

Margins

Gross margin is -3.59%, with operating and profit margins of -53.84% and -58.84%.

Gross Margin	-3.59%
Operating Margin	-53.84%
Pretax Margin	-58.84%
Profit Margin	-58.84%
EBITDA Margin	-51.22%
EBIT Margin	-53.84%
FCF Margin	-26.84%

Dividends & Yields

Polar Power does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-35.62%
Shareholder Yield	-35.62%
Earnings Yield	-93.27%
FCF Yield	-42.55%

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Polar Power has an Altman Z-Score of -1.18 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-1.18
Piotroski F-Score	2