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

Polestar Automotive Holding UK (PSNYW) posted quarterly Beginning Cash Balance of $768.9 million for Q1 2024, down 21.04% year-over-year from $973.9 million in Q2 2023, and down 21.04% quarter-over-quarter from $973.9 million in Q1 2023.

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

Polestar Automotive Holding UK (PSNYW) has reported Beginning Cash Balance for 3 consecutive years, with $768.9 million the latest figure, recorded in 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 fell to $768.9 million in Q1 2024 per PSNYW's latest filing, from $973.9 million in the prior quarter.
  • Across five years, Beginning Cash Balance topped out at $973.9 million in Q1 2023 and bottomed at $756.7 million in Q1 2022.
  • Historically, Beginning Cash Balance has averaged $833.2 million across 3 years, with a median of $768.9 million in 2024.
  • Annual changes were most pronounced in 2023 — Beginning Cash Balance rose 28.7% — and 2024, when it fell 21.04%.
  • Polestar Automotive Holding UK's Beginning Cash Balance stood at $756.7 million in 2022, then rose by 28.7% to $973.9 million in 2023, then fell by 21.04% to $768.9 million in 2024.
  • Business Quant data shows PSNYW's Beginning Cash Balance at $768.9 million in Q1 2024, $973.9 million in Q1 2023, and $756.7 million in Q1 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn
10 Polestar Automotive Holding UK 7.47 Bn 7.47 Bn -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