Polestar Automotive Holding UK (PSNYW) Beginning Cash Balance (2021 - 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.
Analysis
Polestar Automotive Holding UK (PSNYW) Beginning Cash Balance (2021 - 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,220.19 Bn | 1,176.66 Bn | 4.75 Bn |
| 2 | Toyota Motor | 260.67 Bn | 126.44 Bn | 12.27 Bn |
| 3 | Honda Motor | 132.03 Bn | 91.89 Bn | 8.46 Bn |
| 4 | Ford Motor | 80.30 Bn | 48.97 Bn | 6.08 Bn |
| 5 | General Motors | 78.14 Bn | 53.43 Bn | 7.33 Bn |
| 6 | Ferrari | 74.46 Bn | 72.70 Bn | 1.18 Bn |
| 7 | Rivian Automotive | 21.09 Bn | 15.78 Bn | 179.00 Mn |
| 8 | Stellantis | 15.86 Bn | -25.59 Bn | 5.55 Bn |
| 9 | Li Auto | 12.16 Bn | -414.16 Mn | 417.98 Mn |
| 10 | Polestar Automotive Holding UK | 481.02 Mn | 481.02 Mn | -20.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 768.93 Mn |
| Sep 30, 2023 | 973.88 Mn |
| Jun 30, 2023 | 973.88 Mn |
| Mar 31, 2023 | 973.88 Mn |
| Dec 31, 2022 | 756.68 Mn |
| Sep 30, 2022 | 756.68 Mn |
| Jun 30, 2022 | 756.68 Mn |
| Mar 31, 2022 | 756.68 Mn |
| Dec 31, 2021 | 316.42 Mn |
| Sep 30, 2021 | 316.42 Mn |