Polestar Automotive Holding Stock Today

PSNY Stock  USD 1.09  0.01  0.91%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 84

 
High
 
Low
Very High
Polestar Automotive is trading at 1.09 as of the 28th of November 2024; that is 0.91 percent down since the beginning of the trading day. The stock's open price was 1.1. Polestar Automotive has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Polestar Automotive Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
24th of June 2022
Category
Consumer Cyclical
Classification
Consumer Discretionary
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden. Gores Guggenheim is traded on NASDAQ Exchange in the United States. The company has 2.06 B outstanding shares of which 33.57 M shares are at this time shorted by private and institutional investors with about 7.67 trading days to cover. More on Polestar Automotive Holding

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Polestar Stock Highlights

Business ConcentrationAutomobile Manufacturers, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.30.5771
Way Down
Slightly volatile
Net Debt2.9 B2.8 B
Sufficiently Up
Slightly volatile
Total Current Liabilities2.8 B3.5 B
Significantly Down
Slightly volatile
Non Current Liabilities TotalB1.9 B
Sufficiently Up
Slightly volatile
Total Assets3.4 B4.1 B
Significantly Down
Slightly volatile
Total Current Assets1.7 B2.3 B
Way Down
Slightly volatile
Debt Levels
Polestar Automotive can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Polestar Automotive's financial leverage. It provides some insight into what part of Polestar Automotive's total assets is financed by creditors.
Liquidity
Polestar Automotive Holding currently holds 3.58 B in liabilities with Debt to Equity (D/E) ratio of 9.25, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Polestar Automotive has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Polestar Automotive's use of debt, we should always consider it together with its cash and equity.

Depreciation

173.33 Million
Polestar Automotive Holding (PSNY) is traded on NASDAQ Exchange in USA. It is located in Assar Gabrielssons Väg 9, Gothenburg, Sweden, 40531 and employs 2,515 people. Polestar Automotive is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.57 B. Polestar Automotive conducts business under Automobiles sector and is part of Consumer Discretionary industry. The entity has 2.06 B outstanding shares of which 33.57 M shares are at this time shorted by private and institutional investors with about 7.67 trading days to cover. Polestar Automotive Holding currently holds about 1.38 B in cash with (1.86 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65.
Check Polestar Automotive Probability Of Bankruptcy
Ownership Allocation
Polestar Automotive owns a total of 2.06 Billion outstanding shares. Polestar Automotive holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 81.43 pct. of Polestar Automotive outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Polestar Ownership Details

Polestar Stock Institutional Holders

InstituionRecorded OnShares
Blackrock Inc2024-06-30
1.4 M
Mariner Wealth Advisors Llc2024-06-30
954.2 K
First Trust Advisors L.p.2024-06-30
935.7 K
Geode Capital Management, Llc2024-09-30
855 K
Goldman Sachs Group Inc2024-06-30
727.9 K
Susquehanna International Group, Llp2024-06-30
660.7 K
Marshall Wace Asset Management Ltd2024-06-30
515 K
Mitsubishi Ufj Asset Management Co.,ltd2024-09-30
484 K
Tidal Investments Llc.2024-09-30
468.7 K
Amf Pensionsforsakring Ab2024-09-30
22 M
Swedbank Ab2024-09-30
11.8 M
View Polestar Automotive Diagnostics

Polestar Automotive Historical Income Statement

At this time, Polestar Automotive's Interest Income is fairly stable compared to the past year. Interest Expense is likely to rise to about 216.8 M in 2024, despite the fact that Tax Provision is likely to grow to (6.8 M). View More Fundamentals

Polestar Stock Against Markets

Polestar Automotive Corporate Management

Additional Tools for Polestar Stock Analysis

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.