Polaris Invested Capital vs Price To Sales Ratio Analysis

PIF Stock

CAD 13.43 0.13 0.96%

Polaris Infrastructure financial indicator trend analysis is much more than just breaking down Polaris Infrastructure prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polaris Infrastructure is a good investment. Please check the relationship between Polaris Infrastructure Invested Capital and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Invested Capital vs Price To Sales Ratio

Invested Capital vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polaris Infrastructure Invested Capital account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Polaris Infrastructure's Invested Capital and Price To Sales Ratio is 0.97. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Polaris Infrastructure, assuming nothing else is changed. The correlation between historical values of Polaris Infrastructure's Invested Capital and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Polaris Infrastructure are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Invested Capital i.e., Polaris Infrastructure's Invested Capital and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Polaris Infrastructure. There are two different methods for calculating Polaris Infrastructure invested capital: operating approach and financing approach. Understanding Polaris Infrastructure invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Polaris Infrastructure stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Polaris Infrastructure sales, a figure that is much harder to manipulate than other Polaris Infrastructure multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Polaris Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polaris Infrastructure 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 Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Polaris Infrastructure's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 9th of January 2025, Enterprise Value Multiple is likely to grow to 5.72, while Selling General Administrative is likely to drop about 5.4 M.

	2022	2023	2024	2025 (projected)
Interest Expense	17.1M	19.3M	22.2M	23.3M
Depreciation And Amortization	25.6M	28.9M	33.3M	35.0M

Interest Expense Depreciation And Amortization

Polaris Infrastructure fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Inventory	Short Term Investments
Total Assets		0.16	0.93	0.68	0.63	-0.72	0.33	0.56	0.98	0.3	0.56	0.5	0.85	0.32	0.86	0.31	0.53	0.93	0.49	0.67	0.85	0.78	0.24	0.06	-0.02	0.83
Total Current Liabilities	0.16		-0.09	0.33	0.56	-0.14	-0.11	-0.22	0.21	-0.03	-0.22	0.13	0.03	-0.31	-0.27	-0.09	0.46	0.39	0.09	-0.18	0.01	0.46	-0.28	0.99	0.09	0.2
Total Stockholder Equity	0.93	-0.09		0.5	0.33	-0.64	0.46	0.68	0.89	0.22	0.67	0.41	0.83	0.51	0.83	0.33	0.27	0.73	0.54	0.75	0.87	0.54	0.18	-0.18	-0.19	0.74
Property Plant And Equipment Net	0.68	0.33	0.5		0.58	-0.81	0.28	0.22	0.69	0.22	0.22	0.7	0.74	0.41	0.56	0.16	0.24	0.75	0.68	0.38	0.74	0.64	0.09	0.26	-0.21	0.69
Net Debt	0.63	0.56	0.33	0.58		-0.38	-0.02	-0.07	0.69	0.11	-0.08	0.25	0.38	-0.32	0.5	0.26	0.85	0.84	0.13	0.03	0.32	0.9	0.09	0.5	0.34	0.57
Retained Earnings	-0.72	-0.14	-0.64	-0.81	-0.38		-0.19	-0.43	-0.71	-0.31	-0.43	-0.75	-0.94	-0.61	-0.64	-0.03	-0.16	-0.7	-0.58	-0.56	-0.91	-0.55	-0.27	-0.07	0.26	-0.83
Accounts Payable	0.33	-0.11	0.46	0.28	-0.02	-0.19		0.14	0.43	-0.28	0.15	-0.07	0.32	0.57	0.24	0.79	-0.1	0.15	0.85	0.15	0.45	0.16	-0.37	-0.12	-0.67	0.41
Cash	0.56	-0.22	0.68	0.22	-0.07	-0.43	0.14		0.43	0.24	1.0	0.17	0.56	0.33	0.53	0.09	0.09	0.37	0.24	0.98	0.55	0.29	0.14	-0.25	0.09	0.47
Non Current Assets Total	0.98	0.21	0.89	0.69	0.69	-0.71	0.43	0.43		0.24	0.43	0.48	0.84	0.35	0.83	0.41	0.56	0.93	0.57	0.54	0.85	0.82	0.2	0.12	-0.1	0.88
Other Assets	0.3	-0.03	0.22	0.22	0.11	-0.31	-0.28	0.24	0.24		0.24	0.53	0.27	0.14	0.38	-0.39	0.18	0.35	-0.06	0.33	0.22	0.15	0.82	-0.13	0.31	0.14
Cash And Short Term Investments	0.56	-0.22	0.67	0.22	-0.08	-0.43	0.15	1.0	0.43	0.24		0.17	0.56	0.34	0.53	0.1	0.09	0.37	0.25	0.98	0.56	0.29	0.14	-0.25	0.08	0.48
Net Receivables	0.5	0.13	0.41	0.7	0.25	-0.75	-0.07	0.17	0.48	0.53	0.17		0.68	0.56	0.47	-0.27	0.04	0.53	0.37	0.36	0.64	0.28	0.49	0.05	-0.23	0.47
Common Stock Total Equity	0.85	0.03	0.83	0.74	0.38	-0.94	0.32	0.56	0.84	0.27	0.56	0.68		0.66	0.76	0.19	0.19	0.75	0.62	0.68	0.99	0.59	0.28	-0.05	-0.29	0.9
Common Stock Shares Outstanding	0.32	-0.31	0.51	0.41	-0.32	-0.61	0.57	0.33	0.35	0.14	0.34	0.56	0.66		0.32	0.15	-0.48	0.1	0.74	0.41	0.72	-0.09	0.13	-0.34	-0.76	0.46
Non Current Liabilities Total	0.86	-0.27	0.83	0.56	0.5	-0.64	0.24	0.53	0.83	0.38	0.53	0.47	0.76	0.32		0.32	0.43	0.78	0.34	0.64	0.74	0.64	0.47	-0.37	0.09	0.7
Other Current Assets	0.31	-0.09	0.33	0.16	0.26	-0.03	0.79	0.09	0.41	-0.39	0.1	-0.27	0.19	0.15	0.32		0.31	0.24	0.53	0.08	0.26	0.39	-0.3	-0.09	-0.37	0.42
Other Stockholder Equity	0.53	0.46	0.27	0.24	0.85	-0.16	-0.1	0.09	0.56	0.18	0.09	0.04	0.19	-0.48	0.43	0.31		0.71	-0.09	0.14	0.13	0.84	0.14	0.42	0.51	0.46
Total Liab	0.93	0.39	0.73	0.75	0.84	-0.7	0.15	0.37	0.93	0.35	0.37	0.53	0.75	0.1	0.78	0.24	0.71		0.38	0.5	0.71	0.9	0.27	0.29	0.15	0.79
Property Plant And Equipment Gross	0.49	0.09	0.54	0.68	0.13	-0.58	0.85	0.24	0.57	-0.06	0.25	0.37	0.62	0.74	0.34	0.53	-0.09	0.38		0.32	0.72	0.33	-0.23	0.06	-0.67	0.63
Total Current Assets	0.67	-0.18	0.75	0.38	0.03	-0.56	0.15	0.98	0.54	0.33	0.98	0.36	0.68	0.41	0.64	0.08	0.14	0.5	0.32		0.67	0.38	0.23	-0.23	0.04	0.57
Common Stock	0.85	0.01	0.87	0.74	0.32	-0.91	0.45	0.55	0.85	0.22	0.56	0.64	0.99	0.72	0.74	0.26	0.13	0.71	0.72	0.67		0.54	0.19	-0.07	-0.39	0.88
Short Long Term Debt Total	0.78	0.46	0.54	0.64	0.9	-0.55	0.16	0.29	0.82	0.15	0.29	0.28	0.59	-0.09	0.64	0.39	0.84	0.9	0.33	0.38	0.54		0.11	0.4	0.26	0.81
Other Current Liab	0.24	-0.28	0.18	0.09	0.09	-0.27	-0.37	0.14	0.2	0.82	0.14	0.49	0.28	0.13	0.47	-0.3	0.14	0.27	-0.23	0.23	0.19	0.11		-0.38	0.28	0.16
Short Term Debt	0.06	0.99	-0.18	0.26	0.5	-0.07	-0.12	-0.25	0.12	-0.13	-0.25	0.05	-0.05	-0.34	-0.37	-0.09	0.42	0.29	0.06	-0.23	-0.07	0.4	-0.38		0.08	0.15
Inventory	-0.02	0.09	-0.19	-0.21	0.34	0.26	-0.67	0.09	-0.1	0.31	0.08	-0.23	-0.29	-0.76	0.09	-0.37	0.51	0.15	-0.67	0.04	-0.39	0.26	0.28	0.08		-0.19
Short Term Investments	0.83	0.2	0.74	0.69	0.57	-0.83	0.41	0.47	0.88	0.14	0.48	0.47	0.9	0.46	0.7	0.42	0.46	0.79	0.63	0.57	0.88	0.81	0.16	0.15	-0.19

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Polaris Infrastructure Account Relationship Matchups

Polaris Infrastructure fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	491.1M	502.7M	535.1M	519.4M	597.3M	318.7M
Total Current Liabilities	35.0M	34.3M	30.6M	31.4M	36.1M	29.7M
Total Stockholder Equity	228.7M	262.8M	269.7M	269.3M	309.7M	160.1M
Property Plant And Equipment Net	370.7M	354.4M	396.0M	383.8M	441.4M	298.7M
Net Debt	129.9M	73.1M	152.0M	135.1M	155.3M	89.8M
Retained Earnings	(390.0M)	(400.6M)	(410.2M)	(411.1M)	(370.0M)	(351.5M)
Accounts Payable	9K	8.2M	9.5M	12.0M	13.8M	14.4M
Cash	60.1M	97.9M	35.3M	40.1M	46.1M	34.7M
Non Current Assets Total	410.8M	392.6M	484.5M	465.4M	535.2M	348.8M
Other Assets	11.6M	10.7M	10.2M	(50K)	(57.5K)	(54.6K)
Cash And Short Term Investments	60.1M	97.9M	35.3M	40.1M	46.1M	36.0M
Net Receivables	19.4M	9.3M	11.2M	10.6M	12.2M	6.4M
Common Stock Shares Outstanding	16.3M	16.9M	19.0M	21.1M	24.2M	25.4M
Liabilities And Stockholders Equity	491.1M	502.7M	535.1M	519.4M	597.3M	318.7M
Non Current Liabilities Total	229.3M	207.6M	234.3M	218.1M	250.8M	134.8M
Other Current Assets	158K	2.9M	994K	5.8M	6.7M	7.0M
Other Stockholder Equity	19.7M	14.3M	13.8M	14.0M	12.6M	12.0M
Total Liab	264.3M	241.9M	264.9M	249.5M	286.9M	158.8M
Property Plant And Equipment Gross	370.7M	604.7M	675.5M	675.3M	776.6M	815.5M
Total Current Assets	80.3M	110.1M	50.6M	54.0M	62.1M	42.6M
Short Long Term Debt Total	197.9M	175.3M	187.3M	175.1M	201.4M	185.5M
Other Current Liab	13.8M	2.6M	4.7M	1.5M	1.3M	1.3M
Short Term Debt	21.3M	23.4M	15.4M	16.2M	18.7M	30.0M
Non Currrent Assets Other	13.8M	11.4M	13.0M	11.3M	13.0M	11.9M
Intangible Assets	24.3M	23.0M	57.5M	55.0M	49.5M	32.2M
Other Liab	54.1M	60.6M	60.0M	62.3M	71.7M	49.5M
Net Tangible Assets	183.6M	204.4M	239.8M	199.8M	229.8M	200.4M
Long Term Debt	168.2M	150.9M	169.5M	156.5M	180.0M	175.7M
Short Long Term Debt	21.1M	3.2M	4.9M	3.0M	2.7M	2.6M
Property Plant Equipment	372.8M	374.7M	358.8M	402.1M	462.4M	404.4M
Long Term Debt Total	168.7M	176.6M	151.9M	172.0M	154.8M	132.9M
Capital Surpluse	19.6M	19.7M	14.3M	13.8M	15.9M	16.8M
Net Invested Capital	418.0M	412.5M	444.1M	428.9M	493.2M	446.1M

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.

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 Correlation Correlation Matching

Other Information on Investing in Polaris Stock

Balance Sheet is a snapshot of the financial position of Polaris Infrastructure at a specified time, usually calculated after every quarter, six months, or one year. Polaris Infrastructure Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Polaris Infrastructure and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Polaris currently owns. An asset can also be divided into two categories, current and non-current.

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Polaris Invested Capital vs Price To Sales Ratio Analysis

Invested Capital vs Price To Sales Ratio

Invested Capital vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Invested Capital

Price To Sales Ratio

Polaris Infrastructure fundamental ratios Correlations

Polaris Infrastructure Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Polaris Infrastructure fundamental ratios Accounts

Pair Trading with Polaris Infrastructure

Other Information on Investing in Polaris Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 0.99	Total Current Liabilities
Common Stock	+ 0.99	Common Stock Total Equity
Non Current Assets Total	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments

Common Stock Total Equity	- 0.94	Retained Earnings
Common Stock	- 0.91	Retained Earnings
Short Term Investments	- 0.83	Retained Earnings
Retained Earnings	- 0.81	Property Plant And Equipment Net
Inventory	- 0.76	Common Stock Shares Outstanding
Net Receivables	- 0.75	Retained Earnings