Polestar Automotive Holding UK (PSNY) Beginning Cash Balance (2022 - 2024)

Polestar Automotive Holding UK (PSNY) posted quarterly Beginning Cash Balance of $768.9 million for Q1 2024, down 21.04% YoY from $973.9 million in Q2 2023, and down 21.04% sequentially from $973.9 million in Q1 2023.

Polestar Automotive Holding UK (PSNY) Beginning Cash Balance (2022 - 2024) Analysis & Trends

Polestar Automotive Holding UK has disclosed Beginning Cash Balance across 3 years of filings, most recently posting $768.9 million for Q1 2024.

  • In Q1 2024, Beginning Cash Balance fell 21.04% year-over-year to $768.9 million; the TTM figure through Mar 2024 stood at $1.7 billion (up 78.96% YoY), while the FY2022 annual figure was $756.7 million, up 139.13% from the prior year.
  • Beginning Cash Balance declined to $768.9 million in Q1 2024, from $973.9 million in the prior quarter.
  • Over the last five years, Beginning Cash Balance for PSNY reached as high as $973.9 million in Q1 2023 and fell as low as $756.7 million in Q1 2022.
  • The 3-year median for Beginning Cash Balance is $768.9 million (2024), against an average of $833.2 million.
  • Annual changes were most pronounced in 2023 — Beginning Cash Balance rose 28.7% — and 2024, when it fell 21.04%.
  • A 3-year view of Beginning Cash Balance shows it stood at $756.7 million in 2022, then increased by 28.7% to $973.9 million in 2023, then declined by 21.04% to $768.9 million in 2024.
  • According to Business Quant data, Beginning Cash Balance over the past three periods registered $768.9 million, $973.9 million, and $756.7 million for Q1 2024, Q1 2023, and Q1 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn
10 Polestar Automotive Holding UK - - -20.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 768.93 Mn
Mar 31, 2024 768.93 Mn
Mar 31, 2023 973.88 Mn
Mar 31, 2023 973.88 Mn
Mar 31, 2022 756.68 Mn
Mar 31, 2022 756.68 Mn