Polaris Balance Sheet Health
Financial Health criteria checks 2/6
Polaris has a total shareholder equity of $832.9M and total debt of $1.5B, which brings its debt-to-equity ratio to 184%. Its total assets and total liabilities are $4.9B and $4.1B respectively. Polaris's EBIT is $34.3M making its interest coverage ratio 0.3. It has cash and short-term investments of $138.0M.
Key information
183.96%
Debt to equity ratio
US$1.53b
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$138.00m |
| Equity | US$832.90m |
| Total liabilities | US$4.06b |
| Total assets | US$4.89b |
Recent financial health updates
Recent updates
Polaris' (NYSE:PII) Upcoming Dividend Will Be Larger Than Last Year's
Feb 16
Polaris Q4: Strong Results And Raised Dividend, Shares Attractive
Feb 03Polaris' (NYSE:PII) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 02The Market Lifts Polaris Inc. (NYSE:PII) Shares 32% But It Can Do More
Jul 23Why Polaris Inc. (NYSE:PII) Could Be Worth Watching
Jun 28Is Polaris Inc. (NYSE:PII) Trading At A 39% Discount?
May 27Polaris (NYSE:PII) Is Finding It Tricky To Allocate Its Capital
Apr 26Benign Growth For Polaris Inc. (NYSE:PII) Underpins Stock's 26% Plummet
Apr 08Is Polaris (NYSE:PII) A Risky Investment?
Mar 24Polaris: Ultimate Contrarian Bet That Pays Big Dividends
Feb 11Polaris (NYSE:PII) Is Increasing Its Dividend To $0.67
Feb 03Polaris Stock More Compelling Than Treasuries
Jan 31Approaching The Pain Summit? Looking Opportunistically At Polaris Into 2025 As It Trades At Pandemic Levels
Dec 30Polaris (NYSE:PII) Could Be Struggling To Allocate Capital
Nov 12Financial Position Analysis
Short Term Liabilities: PII's short term assets ($2.2B) do not cover its short term liabilities ($2.2B).
Long Term Liabilities: PII's short term assets ($2.2B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: PII's net debt to equity ratio (167.4%) is considered high.
Reducing Debt: PII's debt to equity ratio has increased from 126.9% to 184% over the past 5 years.
Debt Coverage: PII's debt is well covered by operating cash flow (48.4%).
Interest Coverage: PII's interest payments on its debt are not well covered by EBIT (0.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/09 13:36 |
| End of Day Share Price | 2026/03/09 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Polaris Inc. is covered by 34 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Craig Kennison | Baird |
| David Beckel | Bernstein |
| Tristan Thomas-Martin | BMO Capital Markets Equity Research |