Polaris Industries Balance Sheet - Annual (NYSE:PII)

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$109.13 $0.06 (0.06%) PII stock closing price Sep 19, 2018 (Closing)

The financial analysis of a company like Polaris Industries involves checking the three financial statements of the company in detail, of which the balance sheet is one. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Polaris Industries stock analysis, and provides insights into the firm's financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Polaris Industries had a long term debt of $846.91M at the end of 2017. To understand the debt servicing capacity of the company, one needs to look at Polaris Industries operating cash flow and Polaris Industries revenue also. Polaris Industries debt to equity ratio is 1.27.

View latest 10 year balance sheet data to check Polaris Industries financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash138.34M127.32M155.34M137.6M92.24M417.01M325.33M393.92M140.24M27.12M
Marketable Securities----------
Receivables229.74M225.49M196.95M207.56M198.43M135.49M140.02M89.29M90.4M103.11M
Inventory783.96M746.53M710M565.68M417.94M344.99M298.04M235.92M179.31M222.31M
Raw Materials194.1M141.56M167.56M165.82M107.49M70.55M61.29M35.58M19.77M18.21M
Work In Progress307.68M316.38M189.73M163.45M125.76M95.11M77.43M60.81M58.55M72.89M
Finished Goods329.28M333.76M388.97M262.57M206.29M196.69M175.25M155.74M116.57M148.42M
Notes Receivable----------
Other Current Assets101.45M91.63M92.42M185.7M157.07M120.33M115.27M88.99M81.54M91.05M
Total Current Assets
1.25B1.19B1.15B1.1B865.69M1.02B878.67M808.14M491.5M443.61M
Property Plant & Equipment1.55B1.47B1.3B1.1B930.01M691.56M648.15M607.39M572.32M596.18M
Accumulated Depreciation800.59M739M646.64M544.37M474.85M438.19M434.37M423.38M377.91M380.55M
Net Property Plant & Equipment
747.18M727.59M650.67M555.42M455.16M253.36M213.77M184.01M194.41M215.63M
Investment & Advances88.76M94M99.07M89.1M85.17M69.8M47.25M38.17M51.86M67.2M
Other Non-Current Assets----------
Deferred Charges115.51M188.47M166.53M41.2M18.61M22.38M10.6M---
Intangibles780.58M792.97M236.11M223.96M229.7M107.21M77.71M31.31M25.86M24.69M
Deposits & Other Assets104.03M105.55M80.33M68.67M31.12M15.87M----
Total Assets
3.09B3.1B2.39B2.07B1.69B1.49B1.23B1.06B763.65M751.14M
Notes Payable----------
Accounts Payable317.37M273.74M299.66M343.47M238.04M169.03M146.74M113.24M75.65M115.98M
Current Portion Long-Term Debt--5.05M----100M--
Current Portion Capital Leases47.74M3.84M-2.52M3.28M2.88M2.65M---
Accrued Expenses754.45M680.05M515.32M493.46M497.49M454.13M465.49M366.8M258.86M283.62M
Income Taxes Payable10.73M2.1M6.74M11.34M9.25M4.97M-2.6M6.7M3.37M
Other Current Liabilities-------1.55M1.85M1.85M
Total Current Liabilities
1.13B959.75M826.78M850.81M748.07M631.02M615.53M584.21M343.07M404.83M
Mortgages----------
Deferred Taxes/Income10.12M9.12M13.73M18.19M25.02M---11.05M4.18M
Convertible Debt----------
Long-Term Debt846.91M1.12B438.56M200M280.5M100M100M100M200M200M
Non-Current Capital Leases18.35M17.53M19.66M23.62M3.84M4.29M4.6M---
Other Long-Term Liabilities152.22M125.61M107.24M121.04M92.44M60.64M7.83M5.5M4.98M5.1M
Total Liabilities
2.16B2.23B1.41B1.21B1.15B795.96M727.96M690.65M559.11M614.12M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus733.89M650.16M596.14M486M360.61M268.51M165.51M79.25M9.99M-
Retained Earnings242.76M300.08M447.17M401.84M155.57M409.09M321.83M285.49M191.39M140.55M
Treasury Stock----------
Other Liabilities-45.62M-83.83M-62.49M-27.24M18.76M12.23M12.02M5.89M2.82M-3.85M
Shareholders Equity931.65M867.04M981.47M861.26M535.6M690.53M500.05M370.99M204.54M137.02M
Total Liabilities & Shareholders Equity3.09B3.1B2.39B2.07B1.69B1.49B1.23B1.06B763.65M751.14M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Polaris Industries historical stock prices and the current Polaris Industries stock price can tell you how the stock price has moved, whereas the Polaris Industries PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like Polaris Industries owns and has monetary significance. PII assets decreased from $3.1B in 2016 to $3.09B in 2017. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Polaris Industries is $2.16B. Shareholders' equity comes under liabilities as it is money the company owes the holders of PII stock.

Polaris Industries Balance Sheet - Key Ratios

Current ratio
1.27
Debt to equity ratio
1.27
Asset turnover ratio
1.86
Receivables turnover
28.23
Price to book ratio
7.61