Polestar Automotive Holding UK (PSNYW) Asset Utilization Ratio (2022 - 2024)
Polestar Automotive Holding UK (PSNYW) posted quarterly Asset Utilization Ratio of 0.51 for Q2 2024, down 20.29% year-over-year from 0.64 in Q3 2023, and down 2.06% quarter-over-quarter from 0.52 in Q1 2024.
Polestar Automotive Holding UK (PSNYW) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
Polestar Automotive Holding UK (PSNYW) has reported Asset Utilization Ratio for 3 consecutive years, with 0.51 the latest figure, recorded in Q2 2024.
- In Q2 2024, Asset Utilization Ratio fell 20.29% year-over-year to 0.51; the TTM figure through Jun 2024 stood at 0.51 (down 20.29% YoY), while the FY2025 annual figure was 0.77, up 57.16% from the prior year.
- Asset Utilization Ratio slipped to 0.51 in Q2 2024 per PSNYW's latest filing, from 0.52 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 13.67 in Q4 2022 and bottomed at 144.53 in Q3 2022.
- Historically, Asset Utilization Ratio has averaged 15.92 across 3 years, with a median of 0.59 in 2023.
- On a YoY basis, Asset Utilization Ratio climbed as much as 100.45% in 2023 and fell as far as 96.0% in 2023.
- Polestar Automotive Holding UK's Asset Utilization Ratio stood at 13.67 in 2022, then sank by 96.0% to 0.55 in 2023, then dropped by 6.03% to 0.51 in 2024.
- Business Quant data shows PSNYW's Asset Utilization Ratio at 0.51 in Q2 2024, 0.52 in Q1 2024, and 0.55 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 0.71 |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 0.41 |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 0.51 |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 0.66 |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 0.69 |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | 0.73 |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | 0.72 |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 0.40 |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 0.72 |
| 10 | Polestar Automotive Holding UK | 7.47 Bn | 7.47 Bn | -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 | 13.67 |
| Sep 30, 2022 | -144.53 |