Polestar Short Term Debt vs Total Stockholder Equity Analysis
PSNY Stock | USD 1.08 0.05 4.42% |
Polestar Automotive financial indicator trend analysis is much more than just breaking down Polestar Automotive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polestar Automotive is a good investment. Please check the relationship between Polestar Automotive Short Term Debt and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polestar Automotive Holding. 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.
Short Term Debt vs Total Stockholder Equity
Short Term Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polestar Automotive Short Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Polestar Automotive's Short Term Debt and Total Stockholder Equity is -0.89. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Polestar Automotive Holding, assuming nothing else is changed. The correlation between historical values of Polestar Automotive's Short Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Polestar Automotive Holding are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Term Debt i.e., Polestar Automotive's Short Term Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Short Term Debt
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.Most indicators from Polestar Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polestar Automotive 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 Polestar Automotive Holding. 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. Tax Provision is likely to rise to about (6.8 M) in 2024. Selling General Administrative is likely to drop to about 672 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 239.2M | 158.4M | 182.2M | 180.7M | Interest Income | 1.4M | 8.6M | 32.3M | 33.9M |
Polestar Automotive fundamental ratios Correlations
Click cells to compare fundamentals
Polestar Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Polestar Automotive's price analysis, check to measure Polestar Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Polestar Automotive is operating at the current time. Most of Polestar Automotive's value examination focuses on studying past and present price action to predict the probability of Polestar Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polestar Automotive's price. Additionally, you may evaluate how the addition of Polestar Automotive to your portfolios can decrease your overall portfolio volatility.