Polar Power Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $1.28
- Today's High:
- $1.36
- Open Price:
- $1.33
- 52W Low:
- $1
- 52W High:
- $3.51
- Prev. Close:
- $1.33
- Volume:
- 39972
Company Statistics
- Market Cap.:
- $17.22 million
- Book Value:
- 1.284
- Revenue TTM:
- $17.85 million
- Operating Margin TTM:
- -28.27%
- Gross Profit TTM:
- $3.45 million
- Profit Margin:
- -29.55%
- Return on Assets TTM:
- -11.35%
- Return on Equity TTM:
- -27.74%
Company Profile
Polar Power Inc had its IPO on 2016-12-07 under the ticker symbol POLA.
The company operates in the Industrials sector and Electrical Equipment & Parts industry. Polar Power Inc has a staff strength of 113 employees.
Stock update
Shares of Polar Power Inc opened at $1.33 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $1.28 - $1.36, and closed at $1.3.
This is a -2.26% slip from the previous day's closing price.
A total volume of 39,972 shares were traded at the close of the day’s session.
In the last one week, shares of Polar Power Inc have slipped by -7.14%.
Polar Power Inc's Key Ratios
Polar Power Inc has a market cap of $17.22 million, indicating a price to book ratio of 1.227 and a price to sales ratio of 1.6557.
In the last 12-months Polar Power Inc’s revenue was $17.85 million with a gross profit of $3.45 million and an EBITDA of $-4577000. The EBITDA ratio measures Polar Power Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Polar Power Inc’s operating margin was -28.27% while its return on assets stood at -11.35% with a return of equity of -27.74%.
In Q2, Polar Power Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 30.7%.
Polar Power Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
- 0
Its diluted EPS in the last 12-months stands at $-0.4 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Polar Power Inc’s profitability.
Polar Power Inc stock is trading at a EV to sales ratio of 1.703 and a EV to EBITDA ratio of -7.4818. Its price to sales ratio in the trailing 12-months stood at 1.6557.
Polar Power Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $28.31 million
- Total Liabilities
- $10.15 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $194000
- Dividend Payout Ratio
- 0%
Polar Power Inc ended 2024 with $28.31 million in total assets and $0 in total liabilities. Its intangible assets were valued at $28.31 million while shareholder equity stood at $16.63 million.
Polar Power Inc ended 2024 with $0 in deferred long-term liabilities, $10.15 million in other current liabilities, 1000.00 in common stock, $-20660000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $292000.00 and cash and short-term investments were $292000.00. The company’s total short-term debt was $5,939,000 while long-term debt stood at $8000.00.
Polar Power Inc’s total current assets stands at $25.54 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $6.51 million compared to accounts payable of $1.43 million and inventory worth $17.69 million.
In 2024, Polar Power Inc's operating cash flow was $0 while its capital expenditure stood at $194000.
Comparatively, Polar Power Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $1.3
- 52-Week High
- $3.51
- 52-Week Low
- $1
- Analyst Target Price
- $25
Polar Power Inc stock is currently trading at $1.3 per share. It touched a 52-week high of $3.51 and a 52-week low of $3.51. Analysts tracking the stock have a 12-month average target price of $25.
Its 50-day moving average was $1.3 and 200-day moving average was $1.44 The short ratio stood at 17.65 indicating a short percent outstanding of 0%.
Around 4364.4% of the company’s stock are held by insiders while 886.7% are held by institutions.
Frequently Asked Questions About Polar Power Inc
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About
Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats. It serves customers in the telecommunications, military, commercial, industrial, and marine markets. In addition, the company sells its products through a direct sales force, and a network of independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California.