Polaris Total Stockholder Equity vs Short Term Debt Analysis
PII Stock | USD 67.95 1.03 1.54% |
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 Stockholder Equity and its Short Term Debt 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 closely tied 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 Stockholder Equity vs Short Term Debt
Total Stockholder Equity vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polaris Industries Total Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Polaris Industries' Total Stockholder Equity and Short Term Debt is 0.47. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Debt 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 Stockholder Equity and Short Term Debt 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 Stockholder Equity of Polaris Industries are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Stockholder Equity i.e., Polaris Industries' Total Stockholder Equity and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Short Term Debt
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 closely tied 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 | 8.9B | 9.4B |
Polaris Industries fundamental ratios Correlations
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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 | 873.7M | 864.2M | 872.7M | 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 | 231.9M | 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 | 314.1M | 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 | 211.5M | 572.7M | 601.8M | 83.5M | 133.9M | |
Intangible Assets | 830.3M | 686.4M | 646.2M | 524.4M | 512M | 537.6M | |
Accounts Payable | 450.2M | 782.2M | 776M | 847.6M | 713.1M | 748.8M | |
Non Currrent Assets Other | 99.4M | 90.2M | 97.8M | 106.7M | 64.8M | 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 |
Currently Active Assets on Macroaxis
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 closely tied 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Leisure Products space 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 (0.81) | Dividend Share 2.63 | Earnings Share 3.57 | Revenue Per Share 137.744 | Quarterly Revenue Growth (0.23) |
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.