Polestar Automotive Holding UK (PSNY) Asset Utilization Ratio (2022 - 2024)
Polestar Automotive Holding UK (PSNY) posted quarterly Asset Utilization Ratio of 0.5 for Q4 2024, down 8.93% YoY from 0.55 in Q1 2024, and down 3.05% sequentially from 0.51 in Q2 2024.
Polestar Automotive Holding UK (PSNY) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
Polestar Automotive Holding UK has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 0.5 for Q4 2024.
- In Q4 2024, Asset Utilization Ratio fell 8.93% year-over-year to 0.5; the TTM figure through Dec 2024 stood at 0.5 (down 8.93% YoY), while the FY2025 annual figure was 0.77, up 57.16% from the prior year.
- Asset Utilization Ratio declined to 0.5 in Q4 2024, from 0.51 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for PSNY reached as high as 0.66 in Q3 2023 and fell as low as 0.5 in Q4 2024.
- The 3-year median for Asset Utilization Ratio is 0.57 (2022), against an average of 0.58.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio rose 15.25% — and 2024, when it fell 20.54%.
- A 3-year view of Asset Utilization Ratio shows it stood at 0.65 in 2022, then declined by 15.99% to 0.55 in 2023, then declined by 8.93% to 0.5 in 2024.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.5, 0.51, and 0.52 for Q4 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 0.70 |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 0.66 |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 0.61 |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 0.72 |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 0.38 |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | 0.73 |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 0.80 |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 0.53 |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 0.18 |
| 10 | Polestar Automotive Holding UK | - | - | -20.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.66 |
| Jun 30, 2023 | 0.64 |
| Mar 31, 2023 | 0.64 |
| Dec 31, 2022 | 0.65 |
| Sep 30, 2022 | 0.57 |