Polestar Automotive Holding UK (Polestar Automotive Holding UK) Debt-to-Equity : -4.72 (As of Sep. 2023)

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What is Polestar Automotive Holding UK Debt-to-Equity?

Polestar Automotive Holding UK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2,895 Mil. Polestar Automotive Holding UK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $75 Mil. Polestar Automotive Holding UK's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-629 Mil. Polestar Automotive Holding UK's debt to equity for the quarter that ended in Sep. 2023 was -4.72.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Polestar Automotive Holding UK's Debt-to-Equity or its related term are showing as below:

PSNY' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.52 Med: -5.01 Max: 9.25
Current: -4.72

During the past 4 years, the highest Debt-to-Equity Ratio of Polestar Automotive Holding UK was 9.25. The lowest was -12.52. And the median was -5.01.

PSNY's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.47 vs PSNY: -4.72

Polestar Automotive Holding UK Debt-to-Equity Historical Data

The historical data trend for Polestar Automotive Holding UK's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Polestar Automotive Holding UK Debt-to-Equity Chart

Polestar Automotive Holding UK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

N/A

0.75

5.98

-10.87

Polestar Automotive Holding UK Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							9.25	-10.87	-12.52	-5.32	-4.72

Competitive Comparison of Polestar Automotive Holding UK's Debt-to-Equity

For the Auto Manufacturers subindustry, Polestar Automotive Holding UK's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Polestar Automotive Holding UK's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polestar Automotive Holding UK's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Polestar Automotive Holding UK's Debt-to-Equity falls into.

Polestar Automotive Holding UK Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Polestar Automotive Holding UK's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1366.987	+	85.556)	/	-133.643
	=	-10.87

Polestar Automotive Holding UK's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2895.004	+	74.529)	/	-628.933
	=	-4.72

Polestar Automotive Holding UK (NAS:PSNY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Polestar Automotive Holding UK Debt-to-Equity Related Terms

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Polestar Automotive Holding UK (Polestar Automotive Holding UK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polestar Automotive Holding UK PLC (NAS:PSNY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PSNYW:USA A4N1:Germany

Address

Assar Gabrielssons Vag 9, Gothenburg, SWE, 405 31

Website

https://www.polestar.com

Polestar Automotive Holding UK PLC operates as an electric vehicle manufacturer. It engages in designing products that are engineered to excite consumers and drive change. Polestar defines market-leading standards in design, technology, and sustainability. Polestar was established as a premium electric car brand by Volvo Cars and Geely Holdings. Polestar has produced two electric performance cars namely Polestar 1 and Polestar 2. Geographically, it derives a majority of revenue from USA.