Polaris Financial Statements From 2010 to 2025

PIF Stock  CAD 13.56  0.12  0.89%   
Polaris Infrastructure financial statements provide useful quarterly and yearly information to potential Polaris Infrastructure investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Polaris Infrastructure financial statements helps investors assess Polaris Infrastructure's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Polaris Infrastructure's valuation are summarized below:
Gross Profit
52.6 M
Profit Margin
0.0949
Market Capitalization
283.1 M
Enterprise Value Revenue
4.2265
Revenue
75.7 M
We have found one hundred twenty available trending fundamental ratios for Polaris Infrastructure, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Polaris Infrastructure's recent fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 8th of January 2025, Market Cap is likely to grow to about 198.4 M, while Working Capital is likely to drop (621 K).

Polaris Infrastructure Total Revenue

52.58 Million

Check Polaris Infrastructure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Polaris Infrastructure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35 M, Interest Expense of 23.3 M or Selling General Administrative of 5.4 M, as well as many indicators such as Price To Sales Ratio of 2.92, Dividend Yield of 0.041 or PTB Ratio of 0.74. Polaris financial statements analysis is a perfect complement when working with Polaris Infrastructure Valuation or Volatility modules.
  
This module can also supplement various Polaris Infrastructure Technical models . Check out the analysis of Polaris Infrastructure Correlation against competitors.

Polaris Infrastructure Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets318.7 M597.3 M439.2 M
Slightly volatile
Total Current Liabilities29.7 M36.1 M40.7 M
Pretty Stable
Total Stockholder Equity160.1 M309.7 M204.3 M
Slightly volatile
Property Plant And Equipment Net298.7 M441.4 M331.7 M
Slightly volatile
Accounts Payable14.4 M13.8 M5.1 M
Slightly volatile
Cash34.7 M46.1 M42.2 M
Slightly volatile
Non Current Assets Total348.8 M535.2 M389.4 M
Slightly volatile
Cash And Short Term Investments36 M46.1 M42.3 M
Slightly volatile
Net Receivables6.4 M12.2 M9.7 M
Slightly volatile
Common Stock Total Equity538 M688.8 M530.4 M
Slightly volatile
Common Stock Shares Outstanding25.4 M24.2 M12.5 M
Slightly volatile
Liabilities And Stockholders Equity318.7 M597.3 M439.2 M
Slightly volatile
Non Current Liabilities Total134.8 M250.8 M194.8 M
Slightly volatile
Other Stockholder Equity12 M12.6 M16.9 M
Slightly volatile
Total Liabilities158.8 M286.9 M235.2 M
Pretty Stable
Property Plant And Equipment Gross815.5 M776.6 M436.3 M
Slightly volatile
Total Current Assets42.6 M62.1 M54.3 M
Slightly volatile
Common Stock578.4 M766.4 M549.3 M
Slightly volatile
Short and Long Term Debt Total185.5 M201.4 M188.5 M
Very volatile
Short Term Debt30 M18.7 M30.3 M
Pretty Stable
Short Term Investments32.4 M30.9 M25.8 M
Slightly volatile
Non Currrent Assets Other11.9 M13 M9.8 M
Slightly volatile
Intangible Assets32.2 M49.5 M42.8 M
Pretty Stable
Other Liabilities49.5 M71.7 M44.2 M
Slightly volatile
Net Tangible Assets200.4 M229.8 M180.8 M
Slightly volatile
Long Term Debt175.7 M180 M177 M
Slightly volatile
Short and Long Term Debt2.6 M2.7 M84.2 M
Slightly volatile
Property Plant Equipment404.4 M462.4 M384.2 M
Pretty Stable
Long Term Debt Total132.9 M154.8 M165.2 M
Slightly volatile
Capital Surpluse16.8 M15.9 M14.3 M
Slightly volatile
Non Current Liabilities Other5.5 M7.6 M5.1 M
Slightly volatile
Net Invested Capital446.1 M493.2 M392.2 M
Slightly volatile
Net Working Capital34.5 M26.1 M29.9 M
Pretty Stable
Current Deferred Revenue2.7 M2.8 M18.1 M
Slightly volatile
Long Term Investments1.1 M1.9 M699.5 K
Slightly volatile
Capital Stock692.7 M766.4 M626.7 M
Slightly volatile
Capital Lease Obligations1.9 M3.2 M1.3 M
Slightly volatile
Deferred Long Term Liabilities1.4 M2.5 M963.8 K
Slightly volatile

Polaris Infrastructure Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization35 M33.3 M22.3 M
Slightly volatile
Interest Expense23.3 M22.2 M14.7 M
Slightly volatile
Selling General Administrative5.4 MM6.4 M
Very volatile
Other Operating Expenses61 M58.1 M37.5 M
Slightly volatile
Total Operating Expenses47.4 M45.1 M14.5 M
Slightly volatile
Total Revenue52.6 M90.3 M53.5 M
Slightly volatile
Gross Profit81.2 M77.4 M33 M
Slightly volatile
Cost Of Revenue25.3 M12.9 M23.8 M
Slightly volatile
Interest Income1.6 M1.7 M9.5 M
Slightly volatile
Reconciled Depreciation27.3 M33.5 M24.2 M
Slightly volatile

Polaris Infrastructure Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow31.3 M40.6 M41 M
Slightly volatile
Depreciation35.2 M33.5 M22.3 M
Slightly volatile
End Period Cash Flow33.1 M46.1 M42.1 M
Slightly volatile
Dividends Paid9.2 M14.5 M8.1 M
Slightly volatile
Issuance Of Capital Stock982.4 KM18.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.923.078.0777
Slightly volatile
Dividend Yield0.0410.05410.0418
Slightly volatile
PTB Ratio0.740.70.7005
Pretty Stable
Days Sales Outstanding88.2856.8278.1815
Slightly volatile
Book Value Per Share14.0114.75409
Slightly volatile
Average Payables1.5 M1.6 MM
Slightly volatile
Capex To Depreciation0.430.455.8736
Slightly volatile
PB Ratio0.740.70.7005
Pretty Stable
EV To Sales4.85.0511.6953
Slightly volatile
Inventory Turnover32.6231.0728.0249
Slightly volatile
Days Of Inventory On Hand0.00.045.7777
Slightly volatile
Payables Turnover0.80.859.3768
Pretty Stable
Sales General And Administrative To Revenue0.110.120.272
Slightly volatile
Capex To Revenue0.160.172.7508
Slightly volatile
Cash Per Share2.082.1967.8845
Slightly volatile
Days Payables Outstanding417447386
Slightly volatile
Intangibles To Total Assets0.10.150.0991
Pretty Stable
Current Ratio1.881.982.0067
Pretty Stable
Receivables Turnover3.996.655.1117
Slightly volatile
Graham Number13.8514.57K
Slightly volatile
Shareholders Equity Per Share13.9814.71409
Slightly volatile
Capex Per Share0.590.62136
Slightly volatile
Average Receivables12.9 M12.3 M10.4 M
Slightly volatile
Revenue Per Share4.084.2959.1963
Slightly volatile
Interest Debt Per Share9.9510.47451
Slightly volatile
Debt To Assets0.290.30.3874
Pretty Stable
Operating Cycle53.9856.82104
Slightly volatile
Price Book Value Ratio0.740.70.7005
Pretty Stable
Days Of Payables Outstanding417447386
Slightly volatile
Company Equity Multiplier1.191.742.1436
Slightly volatile
Long Term Debt To Capitalization0.30.330.3897
Very volatile
Quick Ratio1.881.981.998
Pretty Stable
Cash Ratio1.41.471.5876
Very volatile
Days Of Inventory Outstanding0.00.045.7777
Slightly volatile
Days Of Sales Outstanding88.2856.8278.1815
Slightly volatile
Price To Book Ratio0.740.70.7005
Pretty Stable
Fixed Asset Turnover0.10.180.1426
Slightly volatile
Debt Ratio0.290.30.3874
Pretty Stable
Price Sales Ratio2.923.078.0777
Slightly volatile
Asset Turnover0.080.140.1097
Slightly volatile
Gross Profit Margin0.590.990.5667
Pretty Stable
Price Fair Value0.740.70.7005
Pretty Stable

Polaris Infrastructure Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap198.4 M189 M137.1 M
Slightly volatile
Enterprise Value157.6 M310.5 M268.4 M
Slightly volatile

Polaris Fundamental Market Drivers

Forward Price Earnings17.9211
Cash And Short Term Investments40.1 M

About Polaris Infrastructure Financial Statements

Polaris Infrastructure investors utilize fundamental indicators, such as revenue or net income, to predict how Polaris Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.8 M2.7 M
Total Revenue90.3 M52.6 M
Cost Of Revenue12.9 M25.3 M
Sales General And Administrative To Revenue 0.12  0.11 
Capex To Revenue 0.17  0.16 
Revenue Per Share 4.29  4.08 
Ebit Per Revenue 0.32  0.34 

Pair Trading with Polaris Infrastructure

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Polaris Infrastructure position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Polaris Infrastructure will appreciate offsetting losses from the drop in the long position's value.

Moving together with Polaris Stock

  0.66RY-PS Royal BankPairCorr
  0.7RY Royal BankPairCorr
  0.63RY-PM Royal BankPairCorr

Moving against Polaris Stock

  0.51TD Toronto Dominion BankPairCorr
The ability to find closely correlated positions to Polaris Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Polaris Infrastructure when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Polaris Infrastructure - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Polaris Infrastructure to buy it.
The correlation of Polaris Infrastructure is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Polaris Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polaris Infrastructure moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Polaris Infrastructure can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Polaris Stock

Polaris Infrastructure financial ratios help investors to determine whether Polaris Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Polaris with respect to the benefits of owning Polaris Infrastructure security.