POLAR POWER INC Balance Sheet - Annual (NASDAQ:POLA)

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$6.27 $0.33 (5%) POLA stock closing price Aug 14, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our POLAR POWER INC stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the POLAR POWER INC stock analysis, and provides insights into the firm's financial performance. Annual results are typically accompanied with the company releasing financial statements. POLAR POWER INC had a long term debt of $- at the end of 2017. To understand the debt servicing capacity of the company, one needs to look at POLAR POWER INC operating cash flow and POLAR POWER INC revenue also. POLAR POWER INC debt to equity ratio is 0.01.

View latest 10 year balance sheet data to check POLAR POWER INC financial performance.
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Fiscal year is Jan - Dec2017201620152014
Cash14.2M16.24M--
Marketable Securities----
Receivables3.68M4.4M1.49M-
Inventory5.48M4.83M2.09M-
Raw Materials2.71M---
Work In Progress----
Finished Goods3.1M---
Notes Receivable----
Other Current Assets----
Total Current Assets
23.61M25.66M3.94M2.19M
Property Plant & Equipment1.89M1.55M1.15M-
Accumulated Depreciation1.07M---
Net Property Plant & Equipment
----
Investment & Advances----
Other Non-Current Assets----
Deferred Charges----
Intangibles----
Deposits & Other Assets----
Total Assets
24.52M26.62M4.78M2.91M
Notes Payable----
Accounts Payable----
Current Portion Long-Term Debt----
Current Portion Capital Leases----
Accrued Expenses----
Income Taxes Payable-1.22M--
Other Current Liabilities----
Total Current Liabilities
1.49M2.73M2.4M1.51M
Mortgages----
Deferred Taxes/Income----
Convertible Debt----
Long-Term Debt----
Non-Current Capital Leases----
Other Long-Term Liabilities----
Total Liabilities
1.62M2.97M2.52M1.71M
Minority Interest----
Preferred Stock----
Common Stock Net--2.24M1.16M
Capital Surplus19.25M19.24M--
Retained Earnings3.65M4.4M--
Treasury Stock----
Other Liabilities----
Shareholders Equity22.9M23.65M2.25M1.2M
Total Liabilities & Shareholders Equity24.52M26.62M4.78M2.91M
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at POLAR POWER INC historical stock prices and the current POLAR POWER INC stock price can tell you how the stock price has moved, whereas the POLAR POWER INC 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 POLAR POWER INC owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for POLA stock as of 2017 is $24.52M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of POLAR POWER INC for the year 2017 total to $1.62M. Liabilities for a company like POLAR POWER INC include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

POLAR POWER INC Balance Sheet - Key Ratios

Current ratio
18.19
Debt to equity ratio
0.01
Asset turnover ratio
0.8
Receivables turnover
3.9
Price to book ratio
2.86