Polestar Automotive Holding UK Balance Sheet Health
Financial Health criteria checks 0/6
Polestar Automotive Holding UK has a total shareholder equity of $-1.8B and total debt of $3.9B, which brings its debt-to-equity ratio to -214.8%. Its total assets and total liabilities are $4.0B and $5.8B respectively.
Key information
-214.8%
Debt to equity ratio
US$3.91b
Debt
| Interest coverage ratio | n/a |
| Cash | US$668.91m |
| Equity | -US$1.82b |
| Total liabilities | US$5.80b |
| Total assets | US$3.98b |
Recent financial health updates
Recent updates
Polestar: Significant Cash Burn And Changing Market Dynamics
Oct 08Charging Ahead: Polestar's Silent Race To The EV Future
Sep 26Polestar: Waiting For Capital Raise
Jul 14Polestar: Dangerous Setup (Rating Downgrade)
Jun 18Take Care Before Jumping Onto Polestar Automotive Holding UK PLC (NASDAQ:PSNY) Even Though It's 25% Cheaper
Apr 25
Polestar: Uphill Battle Continues
Apr 15Polestar: Cash Is Not King
Apr 09Polestar: Big Q4 Delivery Troubles
Jan 16Polestar Automotive Holding UK PLC (NASDAQ:PSNY) Looks Inexpensive After Falling 30% But Perhaps Not Attractive Enough
Nov 10Polestar Automotive Holding UK PLC (NASDAQ:PSNY) Just Reported Earnings, And Analysts Cut Their Target Price
Sep 03What Does The Future Hold For Polestar Automotive Holding UK PLC (NASDAQ:PSNY)? These Analysts Have Been Cutting Their Estimates
May 14Polestar: Is $5 An Opportunity Or A Trap?
Oct 11Polestar: Pressure Is Increasing
Sep 20Polestar: Assessing The Implications Of Chengdu And Chongqing Shutdowns
Aug 24Polestar cars reports sales growth of 125% Y/Y in 1H22
Jul 13Financial Position Analysis
Short Term Liabilities: PSNY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PSNY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PSNY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PSNY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PSNY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PSNY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.2% each year