Polestar Automotive Holding UK (PSNYW) Deferred Taxes (2021 - 2023)
Polestar Automotive Holding UK (PSNYW) posted quarterly Deferred Taxes of $18.3 million for Q3 2023, up 239.21% year-over-year from $5.4 million in Q3 2022, and up 239.46% quarter-over-quarter from -$13.1 million in Q2 2023.
Analysis
Polestar Automotive Holding UK (PSNYW) Deferred Taxes (2021 - 2023) Analysis & Trends
Polestar Automotive Holding UK (PSNYW) has reported Deferred Taxes for 3 consecutive years, with $18.3 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Deferred Taxes rose 239.21% year-over-year to $18.3 million; the TTM figure through Sep 2023 stood at $11.8 million (up 241.15% YoY), while the FY2025 annual figure was -$4.0 million, up 55.56% from the prior year.
- Deferred Taxes grew to $18.3 million in Q3 2023 per PSNYW's latest filing, from -$13.1 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $18.3 million in Q3 2023 and bottomed at -$13.1 million in Q2 2023.
- Historically, Deferred Taxes has averaged $2.0 million across 3 years, with a median of $3.1 million in 2021.
- On a YoY basis, Deferred Taxes climbed as much as 239.21% in 2023 and fell as far as 579.53% in 2023.
- Polestar Automotive Holding UK's Deferred Taxes stood at -$9.1 million in 2021, then soared by 146.71% to $4.2 million in 2022, then soared by 332.33% to $18.3 million in 2023.
- Business Quant data shows PSNYW's Deferred Taxes at $18.3 million in Q3 2023, -$13.1 million in Q2 2023, and $2.4 million in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,233.65 Bn | 1,190.13 Bn | 4.75 Bn | -165.00 Mn |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn | 2.59 Bn |
| 3 | Honda Motor | 131.73 Bn | 91.59 Bn | 8.46 Bn | - |
| 4 | Ford Motor | 80.50 Bn | 49.16 Bn | 6.08 Bn | -945.00 Mn |
| 5 | General Motors | 77.45 Bn | 52.73 Bn | 7.33 Bn | 67.00 Mn |
| 6 | Ferrari | 74.08 Bn | 72.32 Bn | 1.18 Bn | 160.68 Mn |
| 7 | Rivian Automotive | 21.14 Bn | 15.83 Bn | 179.00 Mn | - |
| 8 | Stellantis | 15.79 Bn | -25.67 Bn | 5.55 Bn | - |
| 9 | Li Auto | 12.06 Bn | -514.91 Mn | 417.98 Mn | - |
| 10 | Polestar Automotive Holding UK | 468.08 Mn | 468.08 Mn | -20.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -17.03 Mn |
| Sep 30, 2023 | 656,000.00 |
| Jun 30, 2023 | 4.53 Mn |
| Mar 31, 2023 | 2.39 Mn |
| Dec 31, 2022 | 17.21 Mn |
| Sep 30, 2022 | 5.40 Mn |
| Jun 30, 2022 | 2.74 Mn |
| Mar 31, 2022 | 4.40 Mn |
| Dec 31, 2021 | -12.49 Mn |
| Sep 30, 2021 | 3.06 Mn |