Polar Power, Inc. (POLA)
NASDAQ: POLA · IEX Real-Time Price · USD
0.376
-0.085 (-18.37%)
At close: Apr 15, 2024, 4:00 PM
0.380
+0.005 (1.20%)
After-hours: Apr 15, 2024, 6:31 PM EDT

Polar Power Statistics

Total Valuation

Polar Power has a market cap or net worth of $6.59 million. The enterprise value is $13.73 million.

Market Cap 6.59M
Enterprise Value 13.73M

Important Dates

The next estimated earnings date is Monday, May 13, 2024, after market close.

Earnings Date May 13, 2024
Ex-Dividend Date n/a

Share Statistics

Polar Power has 17.56 million shares outstanding. The number of shares has increased by 3.21% in one year.

Shares Outstanding 17.56M
Shares Change (YoY) +3.21%
Shares Change (QoQ) +10.56%
Owned by Insiders (%) 32.18%
Owned by Institutions (%) 19.26%
Float 11.90M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.43
Forward PS n/a
PB Ratio 0.50
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.90
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.15, with a Debt / Equity ratio of 0.59.

Current Ratio 2.15
Quick Ratio 0.23
Debt / Equity 0.59
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -10.71

Financial Efficiency

Return on equity (ROE) is -42.50% and return on invested capital (ROIC) is -28.54%.

Return on Equity (ROE) -42.50%
Return on Assets (ROA) -23.90%
Return on Capital (ROIC) -28.54%
Revenue Per Employee $1.91M
Profits Per Employee -$818,500
Employee Count 8
Asset Turnover 0.56
Inventory Turnover 0.91

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -68.97% in the last 52 weeks. The beta is 0.85, so Polar Power's price volatility has been lower than the market average.

Beta (1Y) 0.85
52-Week Price Change -68.97%
50-Day Moving Average 0.43
200-Day Moving Average 0.80
Relative Strength Index (RSI) 37.49
Average Volume (30 Days) 102,030

Short Selling Information

The latest short interest is 331,244, so 1.89% of the outstanding shares have been sold short.

Short Interest 331,244
Short Previous Month 405,045
Short % of Shares Out 1.89%
Short % of Float 2.78%
Short Ratio (days to cover) 2.22

Income Statement

In the last 12 months, Polar Power had revenue of $15.29 million and -$6.55 million in losses. Loss per share was -$0.49.

Revenue 15.29M
Gross Profit 695,000
Operating Income -5.99M
Pretax Income -6.55M
Net Income -6.55M
EBITDA -5.60M
EBIT -5.99M
Loss Per Share -$0.49
Full Income Statement

Balance Sheet

The company has $657,000 in cash and $7.80 million in debt, giving a net cash position of -$7.14 million or -$0.41 per share.

Cash & Cash Equivalents 657,000
Total Debt 7.80M
Net Cash -7.14M
Net Cash Per Share -$0.41
Equity / Book Value 13.19M
Book Value Per Share 0.75
Working Capital 11.78M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$3.43 million and capital expenditures -$194,000, giving a free cash flow of -$3.62 million.

Operating Cash Flow -3.43M
Capital Expenditures -194,000
Free Cash Flow -3.62M
FCF Per Share -$0.27
Full Cash Flow Statement

Margins

Gross margin is 4.54%, with operating and profit margins of -39.17% and -42.82%.

Gross Margin 4.54%
Operating Margin -39.17%
Pretax Margin -42.82%
Profit Margin -42.82%
EBITDA Margin -36.63%
EBIT Margin -39.16%
FCF Margin -23.70%

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 -3.21%
Shareholder Yield -3.21%
Earnings Yield -99.30%
FCF Yield -54.96%

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 -0.71 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.71
Piotroski F-Score 1