Polaris Other Stockholder Equity vs Net Receivables Analysis

PII Stock  USD 68.27  0.76  1.13%   
Polaris Industries financial indicator trend analysis is much more than just breaking down Polaris Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polaris Industries is a good investment. Please check the relationship between Polaris Industries Other Stockholder Equity and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.

Other Stockholder Equity vs Net Receivables

Other Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polaris Industries Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Polaris Industries' Other Stockholder Equity and Net Receivables is 0.88. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Polaris Industries, assuming nothing else is changed. The correlation between historical values of Polaris Industries' Other Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Polaris Industries are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Polaris Industries' Other Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Net Receivables

Most indicators from Polaris Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polaris Industries 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 Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.As of now, Polaris Industries' Sales General And Administrative To Revenue is decreasing as compared to previous years. The Polaris Industries' current Enterprise Value is estimated to increase to about 2 B, while Selling General Administrative is projected to decrease to under 232.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.0B2.0B2.1B
Total Revenue8.2B8.6B8.9B9.4B

Polaris Industries fundamental ratios Correlations

0.970.940.960.930.990.92-0.220.540.970.540.89-0.860.960.970.830.991.00.950.630.820.920.840.780.840.25
0.970.880.910.820.930.98-0.380.440.970.440.81-0.870.980.930.790.950.980.890.660.90.850.810.850.770.11
0.940.880.860.930.960.85-0.110.430.930.430.88-0.790.910.890.680.940.920.870.450.730.830.740.740.850.3
0.960.910.860.880.940.83-0.250.650.870.650.88-0.820.850.970.880.960.960.980.790.730.980.740.640.750.26
0.930.820.930.880.950.760.120.560.880.560.88-0.750.840.90.780.940.890.910.470.640.860.820.630.860.42
0.990.930.960.940.950.9-0.160.480.960.480.9-0.840.940.960.820.990.970.940.570.760.910.850.730.890.26
0.920.980.850.830.760.9-0.420.250.960.250.77-0.860.970.880.720.910.940.80.60.890.770.80.880.740.05
-0.22-0.38-0.11-0.250.12-0.16-0.420.05-0.220.05-0.070.28-0.31-0.27-0.22-0.23-0.29-0.19-0.47-0.35-0.26-0.05-0.24-0.130.63
0.540.440.430.650.560.480.250.050.391.00.44-0.340.380.540.610.510.530.680.50.350.690.310.140.410.3
0.970.970.930.870.880.960.96-0.220.390.390.83-0.860.980.890.740.950.970.850.530.90.820.840.90.790.2
0.540.440.430.650.560.480.250.051.00.390.44-0.340.380.540.610.510.530.680.50.350.690.310.140.410.3
0.890.810.880.880.880.90.77-0.070.440.830.44-0.730.810.890.680.880.880.890.520.580.850.760.610.760.48
-0.86-0.87-0.79-0.82-0.75-0.84-0.860.28-0.34-0.86-0.34-0.73-0.85-0.82-0.66-0.86-0.86-0.77-0.59-0.77-0.78-0.76-0.76-0.65-0.17
0.960.980.910.850.840.940.97-0.310.380.980.380.81-0.850.890.720.940.970.850.50.890.80.840.880.820.14
0.970.930.890.970.90.960.88-0.270.540.890.540.89-0.820.890.860.980.960.980.70.690.950.80.630.860.19
0.830.790.680.880.780.820.72-0.220.610.740.610.68-0.660.720.860.830.830.870.750.620.840.710.510.680.23
0.990.950.940.960.940.990.91-0.230.510.950.510.88-0.860.940.980.830.980.950.640.770.930.830.730.860.19
1.00.980.920.960.890.970.94-0.290.530.970.530.88-0.860.970.960.830.980.940.660.850.920.820.80.820.21
0.950.890.870.980.910.940.8-0.190.680.850.680.89-0.770.850.980.870.950.940.70.660.970.760.570.840.29
0.630.660.450.790.470.570.6-0.470.50.530.50.52-0.590.50.70.750.640.660.70.530.760.360.380.29-0.01
0.820.90.730.730.640.760.89-0.350.350.90.350.58-0.770.890.690.620.770.850.660.530.660.660.940.520.06
0.920.850.830.980.860.910.77-0.260.690.820.690.85-0.780.80.950.840.930.920.970.760.660.690.540.750.2
0.840.810.740.740.820.850.8-0.050.310.840.310.76-0.760.840.80.710.830.820.760.360.660.690.710.790.21
0.780.850.740.640.630.730.88-0.240.140.90.140.61-0.760.880.630.510.730.80.570.380.940.540.710.50.16
0.840.770.850.750.860.890.74-0.130.410.790.410.76-0.650.820.860.680.860.820.840.290.520.750.790.50.13
0.250.110.30.260.420.260.050.630.30.20.30.48-0.170.140.190.230.190.210.29-0.010.060.20.210.160.13
Click cells to compare fundamentals

Polaris Industries Account Relationship Matchups

Polaris Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.6B5.0B5.2B5.5B5.8B
Short Long Term Debt Total1.8B1.6B2.0B2.2B2.1B2.2B
Other Current Liab841.9M873.7M864.2M872.7M1.1B1.2B
Total Current Liabilities1.5B1.9B2.2B2.3B1.9B2.0B
Total Stockholder Equity1.1B1.1B1.2B1.1B1.4B1.5B
Property Plant And Equipment Net1.0B1.0B1.1B1.1B1.3B1.4B
Net Debt1.6B943M1.5B1.8B1.7B1.8B
Retained Earnings287.3M218.4M157.3M33.8M243.5M193.6M
Cash157.1M634.7M509.2M324.5M367.8M386.2M
Non Current Assets Total2.8B2.4B2.5B2.5B2.8B3.0B
Cash And Short Term Investments157.1M634.7M509.2M324.5M367.8M386.2M
Net Receivables222.9M261.1M231.9M363.3M315.4M331.2M
Common Stock Shares Outstanding62.3M62.6M62.7M60.1M57.7M66.3M
Liabilities And Stockholders Equity4.4B4.6B5.0B5.2B5.5B5.8B
Non Current Liabilities Total1.8B1.6B1.6B1.8B2.2B2.3B
Inventory1.1B1.2B1.6B1.9B1.8B1.9B
Other Current Assets125.9M134.1M314.1M183.7M198M207.9M
Other Stockholder Equity892.8M983.9M1.1B1.2B1.2B1.3B
Total Liab3.3B3.5B3.8B4.1B4.1B4.3B
Total Current Assets1.6B2.2B2.6B2.8B2.7B2.8B
Short Term Debt201.6M211.5M572.7M601.8M81.8M133.8M
Intangible Assets830.3M686.4M646.2M524.4M512M537.6M
Accounts Payable450.2M782.2M776M847.6M713.1M748.8M
Non Currrent Assets Other99.4M90.2M97.8M106.7M135.8M142.6M
Good Will659.9M397.3M391.3M386.2M394.4M414.1M
Property Plant And Equipment Gross1.0B1.0B1.1B1.1B2.5B2.7B
Accumulated Other Comprehensive Income(72.7M)(58.4M)(77.4M)(87.5M)(57.5M)(54.6M)
Other Assets192.7M454M261.4M317.2M364.8M383.0M
Long Term Debt1.5B1.3B1.2B1.5B1.9B1.9B
Property Plant Equipment899.8M888.8M1.1B1.1B1.3B1.4B
Other Liab189.6M197.6M215.5M196.6M226.1M114.5M
Net Tangible Assets(368.6M)73.1M186.8M201M180.9M145.1M
Retained Earnings Total Equity287.3M218.4M157.3M33.8M30.4M28.9M
Long Term Debt Total1.5B1.3B1.2B1.5B1.7B976.9M
Capital Surpluse892.8M983.9M1.1B1.2B1.3B738.1M

Currently Active Assets on Macroaxis

When determining whether Polaris Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polaris Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polaris Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Polaris Industries Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polaris Industries. If investors know Polaris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polaris Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Dividend Share
2.63
Earnings Share
3.57
Revenue Per Share
137.744
Quarterly Revenue Growth
(0.23)
The market value of Polaris Industries is measured differently than its book value, which is the value of Polaris that is recorded on the company's balance sheet. Investors also form their own opinion of Polaris Industries' value that differs from its market value or its book value, called intrinsic value, which is Polaris Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polaris Industries' market value can be influenced by many factors that don't directly affect Polaris Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polaris Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Polaris Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polaris Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.