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| Date | Value |
|---|---|
| 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 |