Polestar Automotive Holding UK (Polestar Automotive Holding UK) Equity-to-Asset : -0.14 (As of Sep. 2023)

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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Polestar Automotive Holding UK's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-629 Mil. Polestar Automotive Holding UK's Total Assets for the quarter that ended in Sep. 2023 was $4,386 Mil. Therefore, Polestar Automotive Holding UK's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.14.

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

PSNY' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.14 Med: -0.03 Max: 0.23
Current: -0.14

During the past 4 years, the highest Equity to Asset Ratio of Polestar Automotive Holding UK was 0.23. The lowest was -0.14. And the median was -0.03.

PSNY's Equity-to-Asset is ranked worse than
96.72% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs PSNY: -0.14

Polestar Automotive Holding UK Equity-to-Asset Historical Data

The historical data trend for Polestar Automotive Holding UK's Equity-to-Asset 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 Equity-to-Asset Chart

Polestar Automotive Holding UK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.23

0.04

-0.03

Polestar Automotive Holding UK Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial							0.04	-0.03	-0.04	-0.11	-0.14

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

For the Auto Manufacturers subindustry, Polestar Automotive Holding UK's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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

Polestar Automotive Holding UK Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-133.643	/	3942.451
	=	-0.03

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

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-628.933	/	4386.464
	=	-0.14

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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Polestar Automotive Holding UK Equity-to-Asset 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 » Equity-to-Asset

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.