Polaris Long Term Investments vs Total Stockholder Equity Analysis
PII Stock | USD 83.92 0.13 0.16% |
Polaris Industries financial indicator trend analysis is much more than just breaking down Polaris Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polaris Industries is a good investment. Please check the relationship between Polaris Industries Long Term Investments and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.
Long Term Investments vs Total Stockholder Equity
Long Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polaris Industries Long Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Polaris Industries' Long Term Investments and Total Stockholder Equity is 0.54. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Polaris Industries, assuming nothing else is changed. The correlation between historical values of Polaris Industries' Long Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Polaris Industries are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Investments i.e., Polaris Industries' Long Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Polaris Industries balance sheet that represents investments Polaris Industries intends to hold for over a year. Polaris Industries long term investments may include different instruments such as stocks, bonds, real estate and cash.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Polaris Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polaris Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.As of now, Polaris Industries' Sales General And Administrative To Revenue is decreasing as compared to previous years. The Polaris Industries' current Enterprise Value is estimated to increase to about 2 B, while Selling General Administrative is projected to decrease to under 232.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.0B | 2.0B | 2.1B | Total Revenue | 8.2B | 8.6B | 15.9B | 16.7B |
Polaris Industries fundamental ratios Correlations
Click cells to compare fundamentals
Polaris Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Polaris Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4B | 4.6B | 5.0B | 5.2B | 5.5B | 5.8B | |
Short Long Term Debt Total | 1.8B | 1.6B | 2.0B | 2.2B | 2.1B | 2.2B | |
Other Current Liab | 841.9M | 892.6M | 805.4M | 867.8M | 1.1B | 1.2B | |
Total Current Liabilities | 1.5B | 1.9B | 2.2B | 2.3B | 1.9B | 2.0B | |
Total Stockholder Equity | 1.1B | 1.1B | 1.2B | 1.1B | 1.4B | 1.5B | |
Property Plant And Equipment Net | 1.0B | 1.0B | 1.1B | 1.1B | 1.3B | 1.4B | |
Net Debt | 1.6B | 943M | 1.5B | 1.8B | 1.7B | 1.8B | |
Retained Earnings | 287.3M | 218.4M | 157.3M | 33.8M | 243.5M | 193.6M | |
Cash | 157.1M | 634.7M | 509.2M | 324.5M | 367.8M | 386.2M | |
Non Current Assets Total | 2.8B | 2.4B | 2.5B | 2.5B | 2.8B | 3.0B | |
Cash And Short Term Investments | 157.1M | 634.7M | 509.2M | 324.5M | 367.8M | 386.2M | |
Net Receivables | 222.9M | 261.1M | 244.5M | 363.3M | 315.4M | 331.2M | |
Common Stock Shares Outstanding | 62.3M | 62.6M | 62.7M | 60.1M | 57.7M | 66.3M | |
Liabilities And Stockholders Equity | 4.4B | 4.6B | 5.0B | 5.2B | 5.5B | 5.8B | |
Non Current Liabilities Total | 1.8B | 1.6B | 1.6B | 1.8B | 2.2B | 2.3B | |
Inventory | 1.1B | 1.2B | 1.6B | 1.9B | 1.8B | 1.9B | |
Other Current Assets | 125.9M | 134.1M | 160.5M | 183.7M | 198M | 207.9M | |
Other Stockholder Equity | 892.8M | 983.9M | 1.1B | 1.2B | 1.2B | 1.3B | |
Total Liab | 3.3B | 3.5B | 3.8B | 4.1B | 4.1B | 4.3B | |
Total Current Assets | 1.6B | 2.2B | 2.6B | 2.8B | 2.7B | 2.8B | |
Short Term Debt | 201.6M | 176.8M | 592.6M | 577.7M | 83.5M | 131.2M | |
Intangible Assets | 830.3M | 686.4M | 646.2M | 524.4M | 512M | 537.6M | |
Accounts Payable | 450.2M | 782.2M | 797.4M | 847.6M | 713.1M | 748.8M | |
Non Currrent Assets Other | 99.4M | 90.2M | 97.8M | 106.7M | 63.9M | 38.1M | |
Good Will | 659.9M | 397.3M | 391.3M | 386.2M | 394.4M | 414.1M | |
Property Plant And Equipment Gross | 1.0B | 1.0B | 1.1B | 1.1B | 2.5B | 2.7B | |
Accumulated Other Comprehensive Income | (72.7M) | (58.4M) | (77.4M) | (87.5M) | (57.5M) | (54.6M) | |
Other Assets | 192.7M | 454M | 261.4M | 317.2M | 364.8M | 383.0M | |
Long Term Debt | 1.5B | 1.3B | 1.2B | 1.5B | 1.9B | 1.9B | |
Property Plant Equipment | 899.8M | 888.8M | 1.1B | 1.1B | 1.3B | 1.4B | |
Other Liab | 189.6M | 197.6M | 215.5M | 196.6M | 226.1M | 114.5M | |
Net Tangible Assets | (368.6M) | 73.1M | 186.8M | 201M | 180.9M | 145.1M | |
Retained Earnings Total Equity | 287.3M | 218.4M | 157.3M | 33.8M | 30.4M | 28.9M | |
Long Term Debt Total | 1.5B | 1.3B | 1.2B | 1.5B | 1.7B | 976.9M | |
Capital Surpluse | 892.8M | 983.9M | 1.1B | 1.2B | 1.3B | 738.1M |
Polaris Industries Investors Sentiment
The influence of Polaris Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Polaris. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Polaris Industries' public news can be used to forecast risks associated with an investment in Polaris. The trend in average sentiment can be used to explain how an investor holding Polaris can time the market purely based on public headlines and social activities around Polaris Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Polaris Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Polaris Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Polaris Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Polaris Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Polaris Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Polaris Industries' short interest history, or implied volatility extrapolated from Polaris Industries options trading.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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Is Polaris Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polaris Industries. If investors know Polaris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polaris Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Dividend Share 2.61 | Earnings Share 6.83 | Revenue Per Share 150.533 | Quarterly Revenue Growth (0.20) |
The market value of Polaris Industries is measured differently than its book value, which is the value of Polaris that is recorded on the company's balance sheet. Investors also form their own opinion of Polaris Industries' value that differs from its market value or its book value, called intrinsic value, which is Polaris Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polaris Industries' market value can be influenced by many factors that don't directly affect Polaris Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polaris Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Polaris Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polaris Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.