Polar Power, Inc. (POLA)

NASDAQ: POLA · IEX Real-Time Price · USD
0.555
-0.075 (-11.89%)
At close: Mar 28, 2024, 4:00 PM
0.611
+0.056 (10.09%)
After-hours: Mar 28, 2024, 7:32 PM EDT

Total Valuation

Polar Power has a market cap or net worth of $10.01 million. The enterprise value is $18.33 million.

Market Cap 10.01M
Enterprise Value 18.33M

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 0.79% in one year.

Shares Outstanding 17.56M
Shares Change (YoY) +0.79%
Shares Change (QoQ) n/a
Owned by Insiders (%) 33.32%
Owned by Institutions (%) 19.95%
Float 8.78M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.55
Forward PS n/a
PB Ratio 0.68
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.02
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.16, with a Debt / Equity ratio of 0.59.

Current Ratio 2.16
Quick Ratio 0.17
Debt / Equity 0.59
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -11.02

Financial Efficiency

Return on equity (ROE) is -28.40% and return on invested capital (ROIC) is -18.47%.

Return on Equity (ROE) -28.40%
Return on Assets (ROA) -17.40%
Return on Capital (ROIC) -18.47%
Revenue Per Employee $159,770
Profits Per Employee -$41,920
Employee Count 113
Asset Turnover 0.66
Inventory Turnover 0.89

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -54.51% in the last 52 weeks. The beta is 0.78, so Polar Power's price volatility has been lower than the market average.

Beta (1Y) 0.78
52-Week Price Change -54.51%
50-Day Moving Average 0.41
200-Day Moving Average 0.85
Relative Strength Index (RSI) 64.87
Average Volume (30 Days) 113,996

Short Selling Information

The latest short interest is 405,045, so 2.31% of the outstanding shares have been sold short.

Short Interest 405,045
Short Previous Month 359,543
Short % of Shares Out 2.31%
Short % of Float 4.61%
Short Ratio (days to cover) 2.97

Income Statement

In the last 12 months, Polar Power had revenue of $18.05 million and -$4.74 million in losses. Loss per share was -$0.36.

Revenue 18.05M
Gross Profit 2.53M
Operating Income -4.34M
Pretax Income -4.74M
Net Income -4.74M
EBITDA -3.91M
EBIT -4.34M
Loss Per Share -$0.36
Full Income Statement

Balance Sheet

The company has $404,000 in cash and $8.72 million in debt, giving a net cash position of -$8.32 million or -$0.47 per share.

Cash & Cash Equivalents 404,000
Total Debt 8.72M
Net Cash -8.32M
Net Cash Per Share -$0.47
Equity / Book Value 14.79M
Book Value Per Share 0.84
Working Capital 13.32M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$5.06 million and capital expenditures -$194,000, giving a free cash flow of -$5.25 million.

Operating Cash Flow -5.06M
Capital Expenditures -194,000
Free Cash Flow -5.25M
FCF Per Share -$0.41
Full Cash Flow Statement

Margins

Gross margin is 14.00%, with operating and profit margins of -24.06% and -26.24%.

Gross Margin 14.00%
Operating Margin -24.06%
Pretax Margin -26.24%
Profit Margin -26.24%
EBITDA Margin -21.68%
EBIT Margin -24.06%
FCF Margin -29.10%

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 -0.79%
Shareholder Yield -0.79%
Earnings Yield -47.32%
FCF Yield -52.48%

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

Altman Z-Score 0.03
Piotroski F-Score 1