Polaris Total Revenue vs Total Other Income Expense Net Analysis

PII Stock  USD 83.81  0.53  0.64%   
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 Total Revenue and its Total Other Income Expense Net 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.

Total Revenue vs Total Other Income Expense Net

Total Revenue vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polaris Industries Total Revenue account and Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Polaris Industries' Total Revenue and Total Other Income Expense Net is -0.27. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Other Income Expense Net 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' Total Revenue and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Polaris Industries are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Revenue i.e., Polaris Industries' Total Revenue and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Polaris Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Other Income Expense Net

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 Profit1.9B2.0B2.0B2.1B
Total Revenue8.2B8.6B15.9B16.7B

Polaris Industries fundamental ratios Correlations

0.970.930.960.930.990.92-0.220.540.970.540.9-0.860.960.970.920.991.00.950.630.820.920.480.780.840.25
0.970.870.910.820.930.98-0.380.440.970.440.82-0.870.980.930.870.950.980.890.650.90.850.510.850.770.11
0.930.870.850.920.950.84-0.10.420.930.420.88-0.790.910.880.780.940.910.860.420.730.820.330.750.840.3
0.960.910.850.880.940.83-0.250.650.870.650.89-0.820.850.970.910.960.960.980.780.730.980.460.640.750.26
0.930.820.920.880.950.760.120.560.880.560.88-0.750.840.90.870.940.890.910.470.640.860.40.630.860.42
0.990.930.950.940.950.9-0.160.480.960.480.91-0.840.940.960.920.990.970.940.560.760.910.440.730.890.26
0.920.980.840.830.760.9-0.420.250.960.250.78-0.860.970.880.810.910.940.80.590.890.760.530.880.740.05
-0.22-0.38-0.1-0.250.12-0.16-0.420.05-0.220.05-0.080.28-0.31-0.27-0.17-0.23-0.29-0.19-0.46-0.35-0.260.01-0.24-0.130.63
0.540.440.420.650.560.480.250.050.391.00.45-0.340.380.540.550.510.530.680.490.350.690.120.140.410.3
0.970.970.930.870.880.960.96-0.220.390.390.83-0.860.980.890.840.950.970.850.530.90.820.550.90.790.2
0.540.440.420.650.560.480.250.051.00.390.45-0.340.380.540.550.510.530.680.490.350.690.120.140.410.3
0.90.820.880.890.880.910.78-0.080.450.830.45-0.740.820.90.890.890.880.90.530.590.860.440.620.760.48
-0.86-0.87-0.79-0.82-0.75-0.84-0.860.28-0.34-0.86-0.34-0.74-0.85-0.82-0.74-0.86-0.86-0.77-0.58-0.77-0.78-0.63-0.76-0.65-0.17
0.960.980.910.850.840.940.97-0.310.380.980.380.82-0.850.890.850.940.970.850.50.90.80.480.880.820.14
0.970.930.880.970.90.960.88-0.270.540.890.540.9-0.820.890.940.980.960.980.70.690.950.390.630.860.19
0.920.870.780.910.870.920.81-0.170.550.840.550.89-0.740.850.940.910.910.940.570.650.870.440.610.850.32
0.990.950.940.960.940.990.91-0.230.510.950.510.89-0.860.940.980.910.980.950.640.770.930.460.730.860.19
1.00.980.910.960.890.970.94-0.290.530.970.530.88-0.860.970.960.910.980.940.650.850.920.490.80.820.21
0.950.890.860.980.910.940.8-0.190.680.850.680.9-0.770.850.980.940.950.940.690.660.970.360.570.840.29
0.630.650.420.780.470.560.59-0.460.490.530.490.53-0.580.50.70.570.640.650.690.530.760.440.380.29-0.01
0.820.90.730.730.640.760.89-0.350.350.90.350.59-0.770.90.690.650.770.850.660.530.660.590.940.520.06
0.920.850.820.980.860.910.76-0.260.690.820.690.86-0.780.80.950.870.930.920.970.760.660.390.530.750.2
0.480.510.330.460.40.440.530.010.120.550.120.44-0.630.480.390.440.460.490.360.440.590.390.660.090.28
0.780.850.750.640.630.730.88-0.240.140.90.140.62-0.760.880.630.610.730.80.570.380.940.530.660.50.16
0.840.770.840.750.860.890.74-0.130.410.790.410.76-0.650.820.860.850.860.820.840.290.520.750.090.50.13
0.250.110.30.260.420.260.050.630.30.20.30.48-0.170.140.190.320.190.210.29-0.010.060.20.280.160.13
Click cells to compare fundamentals

Polaris Industries Account Relationship Matchups

Polaris Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.6B5.0B5.2B5.5B5.8B
Short Long Term Debt Total1.8B1.6B2.0B2.2B2.1B2.2B
Other Current Liab841.9M892.6M805.4M867.8M1.1B1.2B
Total Current Liabilities1.5B1.9B2.2B2.3B1.9B2.0B
Total Stockholder Equity1.1B1.1B1.2B1.1B1.4B1.5B
Property Plant And Equipment Net1.0B1.0B1.1B1.1B1.3B1.4B
Net Debt1.6B943M1.5B1.8B1.7B1.8B
Retained Earnings287.3M218.4M157.3M33.8M243.5M193.6M
Cash157.1M634.7M509.2M324.5M367.8M386.2M
Non Current Assets Total2.8B2.4B2.5B2.5B2.8B3.0B
Cash And Short Term Investments157.1M634.7M509.2M324.5M367.8M386.2M
Net Receivables222.9M261.1M244.5M363.3M315.4M331.2M
Common Stock Shares Outstanding62.3M62.6M62.7M60.1M57.7M66.3M
Liabilities And Stockholders Equity4.4B4.6B5.0B5.2B5.5B5.8B
Non Current Liabilities Total1.8B1.6B1.6B1.8B2.2B2.3B
Inventory1.1B1.2B1.6B1.9B1.8B1.9B
Other Current Assets125.9M134.1M160.5M183.7M198M207.9M
Other Stockholder Equity892.8M983.9M1.1B1.2B1.2B1.3B
Total Liab3.3B3.5B3.8B4.1B4.1B4.3B
Total Current Assets1.6B2.2B2.6B2.8B2.7B2.8B
Short Term Debt201.6M176.8M592.6M577.7M83.5M131.2M
Intangible Assets830.3M686.4M646.2M524.4M512M537.6M
Accounts Payable450.2M782.2M797.4M847.6M713.1M748.8M
Non Currrent Assets Other99.4M90.2M97.8M106.7M63.9M38.1M
Good Will659.9M397.3M391.3M386.2M394.4M414.1M
Property Plant And Equipment Gross1.0B1.0B1.1B1.1B2.5B2.7B
Accumulated Other Comprehensive Income(72.7M)(58.4M)(77.4M)(87.5M)(57.5M)(54.6M)
Other Assets192.7M454M261.4M317.2M364.8M383.0M
Long Term Debt1.5B1.3B1.2B1.5B1.9B1.9B
Property Plant Equipment899.8M888.8M1.1B1.1B1.3B1.4B
Other Liab189.6M197.6M215.5M196.6M226.1M114.5M
Net Tangible Assets(368.6M)73.1M186.8M201M180.9M145.1M
Retained Earnings Total Equity287.3M218.4M157.3M33.8M30.4M28.9M
Long Term Debt Total1.5B1.3B1.2B1.5B1.7B976.9M
Capital Surpluse892.8M983.9M1.1B1.2B1.3B738.1M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Polaris Industries using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Polaris Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polaris Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polaris Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Polaris Industries Stock:
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Polaris Stock analysis

When running Polaris Industries' price analysis, check to measure Polaris Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Polaris Industries is operating at the current time. Most of Polaris Industries' value examination focuses on studying past and present price action to predict the probability of Polaris Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polaris Industries' price. Additionally, you may evaluate how the addition of Polaris Industries to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Equity Valuation
Check real value of public entities based on technical and fundamental data
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
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.