Polestar Automotive Holding UK (PSNY) Interest Coverage Ratio (2021 - 2026)
Polestar Automotive Holding UK (PSNY) posted quarterly Interest Coverage Ratio of 0.19 for Q1 2026, down 127.46% YoY from 0.7 in Q1 2025, and down 106.95% sequentially from 2.76 in Q2 2025.
Polestar Automotive Holding UK (PSNY) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Polestar Automotive Holding UK has disclosed Interest Coverage Ratio across 6 years of filings, most recently posting 0.19 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 127.46% year-over-year to 0.19; the TTM figure through Mar 2026 stood at 1.29 (down 20.28% YoY), while the FY2025 annual figure was 5.22, down 1.85% from the prior year.
- Interest Coverage Ratio eased to 0.19 in Q1 2026, from 2.76 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for PSNY reached as high as 16.12 in Q2 2022 and fell as low as 57.97 in Q4 2022.
- The 5-year median for Interest Coverage Ratio is 0.75 (2024), against an average of 1.86.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 387.68% — and 2025, when it jumped 269.36%.
- A 5-year view of Interest Coverage Ratio shows it stood at 57.97 in 2022, then jumped by 83.95% to 9.31 in 2023, then jumped by 108.03% to 0.75 in 2024, then jumped by 269.36% to 2.76 in 2025, then tumbled by 106.95% to 0.19 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.19, 2.76, and 0.7 for Q1 2026, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 10.23 |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 6.65 |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 18.52 |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 11.31 |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | -13.55 |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | 73.45 |
| 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 | 4.47 |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -24.09 |
| 10 | Polestar Automotive Holding UK | - | - | -20.00 Mn | -0.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.19 |
| Jun 30, 2025 | 2.76 |
| Mar 31, 2025 | 0.70 |
| Jun 30, 2024 | 0.75 |
| Mar 31, 2024 | -1.85 |
| Dec 31, 2023 | -9.31 |
| Sep 30, 2023 | -4.32 |
| Jun 30, 2023 | 4.25 |
| Mar 31, 2023 | 7.28 |
| Dec 31, 2022 | -57.97 |
| Sep 30, 2022 | 3.24 |
| Jun 30, 2022 | 16.12 |
| Mar 31, 2022 | 14.38 |
| Dec 31, 2021 | 20.15 |
| Sep 30, 2021 | 18.15 |