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
DateValue
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