Polaris Common Stock Shares Outstanding vs Other Stockholder Equity Analysis

PII Stock  USD 77.79  1.05  1.33%   
Polaris Industries financial indicator trend analysis is much more than just breaking down Polaris Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polaris Industries is a good investment. Please check the relationship between Polaris Industries Common Stock Shares Outstanding and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.

Common Stock Shares Outstanding vs Other Stockholder Equity

Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polaris Industries Common Stock Shares Outstanding account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Polaris Industries' Common Stock Shares Outstanding and Other Stockholder Equity is -0.86. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Polaris Industries, assuming nothing else is changed. The correlation between historical values of Polaris Industries' Common Stock Shares Outstanding and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Polaris Industries are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Polaris Industries' Common Stock Shares Outstanding and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Stockholder Equity

Most indicators from Polaris Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polaris Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.As of now, Polaris Industries' Sales General And Administrative To Revenue is decreasing as compared to previous years. The Polaris Industries' current Enterprise Value is estimated to increase to about 2 B, while Selling General Administrative is projected to decrease to under 232.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.0B2.0B2.1B
Total Revenue8.2B8.6B15.9B16.7B

Polaris Industries fundamental ratios Correlations

0.970.930.960.930.990.92-0.220.540.970.540.9-0.860.960.970.920.991.00.950.630.820.920.480.780.840.25
0.970.870.910.820.930.98-0.380.440.970.440.82-0.870.980.930.870.950.980.890.650.90.850.510.850.770.11
0.930.870.850.920.950.84-0.10.420.930.420.88-0.790.910.880.780.940.910.860.420.730.820.330.750.840.3
0.960.910.850.880.940.83-0.250.650.870.650.89-0.820.850.970.910.960.960.980.780.730.980.460.640.750.26
0.930.820.920.880.950.760.120.560.880.560.88-0.750.840.90.870.940.890.910.470.640.860.40.630.860.42
0.990.930.950.940.950.9-0.160.480.960.480.91-0.840.940.960.920.990.970.940.560.760.910.440.730.890.26
0.920.980.840.830.760.9-0.420.250.960.250.78-0.860.970.880.810.910.940.80.590.890.760.530.880.740.05
-0.22-0.38-0.1-0.250.12-0.16-0.420.05-0.220.05-0.080.28-0.31-0.27-0.17-0.23-0.29-0.19-0.46-0.35-0.260.01-0.24-0.130.63
0.540.440.420.650.560.480.250.050.391.00.45-0.340.380.540.550.510.530.680.490.350.690.120.140.410.3
0.970.970.930.870.880.960.96-0.220.390.390.83-0.860.980.890.840.950.970.850.530.90.820.550.90.790.2
0.540.440.420.650.560.480.250.051.00.390.45-0.340.380.540.550.510.530.680.490.350.690.120.140.410.3
0.90.820.880.890.880.910.78-0.080.450.830.45-0.740.820.90.890.890.880.90.530.590.860.440.620.760.48
-0.86-0.87-0.79-0.82-0.75-0.84-0.860.28-0.34-0.86-0.34-0.74-0.85-0.82-0.74-0.86-0.86-0.77-0.58-0.77-0.78-0.63-0.76-0.65-0.17
0.960.980.910.850.840.940.97-0.310.380.980.380.82-0.850.890.850.940.970.850.50.90.80.480.880.820.14
0.970.930.880.970.90.960.88-0.270.540.890.540.9-0.820.890.940.980.960.980.70.690.950.390.630.860.19
0.920.870.780.910.870.920.81-0.170.550.840.550.89-0.740.850.940.910.910.940.570.650.870.440.610.850.32
0.990.950.940.960.940.990.91-0.230.510.950.510.89-0.860.940.980.910.980.950.640.770.930.460.730.860.19
1.00.980.910.960.890.970.94-0.290.530.970.530.88-0.860.970.960.910.980.940.650.850.920.490.80.820.21
0.950.890.860.980.910.940.8-0.190.680.850.680.9-0.770.850.980.940.950.940.690.660.970.360.570.840.29
0.630.650.420.780.470.560.59-0.460.490.530.490.53-0.580.50.70.570.640.650.690.530.760.440.380.29-0.01
0.820.90.730.730.640.760.89-0.350.350.90.350.59-0.770.90.690.650.770.850.660.530.660.590.940.520.06
0.920.850.820.980.860.910.76-0.260.690.820.690.86-0.780.80.950.870.930.920.970.760.660.390.530.750.2
0.480.510.330.460.40.440.530.010.120.550.120.44-0.630.480.390.440.460.490.360.440.590.390.660.090.28
0.780.850.750.640.630.730.88-0.240.140.90.140.62-0.760.880.630.610.730.80.570.380.940.530.660.50.16
0.840.770.840.750.860.890.74-0.130.410.790.410.76-0.650.820.860.850.860.820.840.290.520.750.090.50.13
0.250.110.30.260.420.260.050.630.30.20.30.48-0.170.140.190.320.190.210.29-0.010.060.20.280.160.13
Click cells to compare fundamentals

Polaris Industries Account Relationship Matchups

Polaris Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.6B5.0B5.2B5.5B5.8B
Short Long Term Debt Total1.8B1.6B2.0B2.2B2.1B2.2B
Other Current Liab841.9M892.6M805.4M867.8M1.1B1.2B
Total Current Liabilities1.5B1.9B2.2B2.3B1.9B2.0B
Total Stockholder Equity1.1B1.1B1.2B1.1B1.4B1.5B
Property Plant And Equipment Net1.0B1.0B1.1B1.1B1.3B1.4B
Net Debt1.6B943M1.5B1.8B1.7B1.8B
Retained Earnings287.3M218.4M157.3M33.8M243.5M193.6M
Cash157.1M634.7M509.2M324.5M367.8M386.2M
Non Current Assets Total2.8B2.4B2.5B2.5B2.8B3.0B
Cash And Short Term Investments157.1M634.7M509.2M324.5M367.8M386.2M
Net Receivables222.9M261.1M244.5M363.3M315.4M331.2M
Common Stock Shares Outstanding62.3M62.6M62.7M60.1M57.7M66.3M
Liabilities And Stockholders Equity4.4B4.6B5.0B5.2B5.5B5.8B
Non Current Liabilities Total1.8B1.6B1.6B1.8B2.2B2.3B
Inventory1.1B1.2B1.6B1.9B1.8B1.9B
Other Current Assets125.9M134.1M160.5M183.7M198M207.9M
Other Stockholder Equity892.8M983.9M1.1B1.2B1.2B1.3B
Total Liab3.3B3.5B3.8B4.1B4.1B4.3B
Total Current Assets1.6B2.2B2.6B2.8B2.7B2.8B
Short Term Debt201.6M176.8M592.6M577.7M83.5M131.2M
Intangible Assets830.3M686.4M646.2M524.4M512M537.6M
Accounts Payable450.2M782.2M797.4M847.6M713.1M748.8M
Non Currrent Assets Other99.4M90.2M97.8M106.7M63.9M38.1M
Good Will659.9M397.3M391.3M386.2M394.4M414.1M
Property Plant And Equipment Gross1.0B1.0B1.1B1.1B2.5B2.7B
Accumulated Other Comprehensive Income(72.7M)(58.4M)(77.4M)(87.5M)(57.5M)(54.6M)
Other Assets192.7M454M261.4M317.2M364.8M383.0M
Long Term Debt1.5B1.3B1.2B1.5B1.9B1.9B
Property Plant Equipment899.8M888.8M1.1B1.1B1.3B1.4B
Other Liab189.6M197.6M215.5M196.6M226.1M114.5M
Net Tangible Assets(368.6M)73.1M186.8M201M180.9M145.1M
Retained Earnings Total Equity287.3M218.4M157.3M33.8M30.4M28.9M
Long Term Debt Total1.5B1.3B1.2B1.5B1.7B976.9M
Capital Surpluse892.8M983.9M1.1B1.2B1.3B738.1M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Polaris Stock

When determining whether Polaris Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polaris Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polaris Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Polaris Industries Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polaris Industries. If investors know Polaris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polaris Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Dividend Share
2.61
Earnings Share
6.83
Revenue Per Share
150.533
Quarterly Revenue Growth
(0.20)
The market value of Polaris Industries is measured differently than its book value, which is the value of Polaris that is recorded on the company's balance sheet. Investors also form their own opinion of Polaris Industries' value that differs from its market value or its book value, called intrinsic value, which is Polaris Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polaris Industries' market value can be influenced by many factors that don't directly affect Polaris Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polaris Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Polaris Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polaris Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.