Polestar Automotive Holding UK PLC (PSNY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 |
|---|
| Total Current Assets | 2.21B | 2.21B | 2.3B | 2.3B | 1.84B | 2.02B | 2.27B | 2.48B | 2.41B | 2.15B | 2.18B | 2B | 1.87B | 1.59M | 1.61B | 2.3M | 3.19M | 1.74M | 1.17B | 1.17B |
| Cash & Short-Term Investments | 718.63M | 718.63M | 739.24M | 739.24M | 668.91M | 784.02M | 768.26M | 951.09M | 1.06B | 884.27M | 973.88M | 988.26M | 1.38B | 350.21K | 757.93M | 488.17K | 1.06M | 1.73M | 316.42M | 316.42M |
| Cash Only | 718.63M | 718.63M | 739.24M | 739.24M | 668.91M | 784.02M | 768.93M | 951.09M | 1.06B | 884.27M | 973.88M | 988.26M | 1.38B | 350.21K | 756.68M | 488.17K | 1.06M | 1.73M | 316.42M | 316.42M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.26M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 419.4M | 336.2M | 418.93M | 190.25M | 184.06M | 0 | 349.11M | 340.82M | 308.08M | 236.66M | 318.8M | 228.79M | 109.88M | 0 | 246.8M | 0 | 89.4M | 89.4M | 357.13M | 307.69M |
| Days Sales Outstanding | 48.33 | 47.77 | 49.67 | 30.52 | 29.25 | - | 59.42 | 48.68 | 36.17 | 45.78 | 25.57 | 35.78 | 16.97 | - | 38.52 | - | 30.42 | 75.15 | 103.62 | 95.14 |
| Inventory | 805.7M | 805.7M | 1.08B | 1.08B | 714.03M | 0 | 927.69M | 1.01B | 867.5M | 847.03M | 657.88M | 686.57M | 263.02M | 0 | 545.74M | 0 | 395.85M | 395.85M | 432.53M | 432.53M |
| Days Inventory Outstanding | 104.58 | 120.99 | 100.44 | 83.44 | 113.81 | - | 93.12 | 141.35 | 113.71 | 128.36 | 66.99 | 101.26 | 45.3 | - | 85.14 | - | 144.39 | 149.42 | 154.73 | 153.47 |
| Other Current Assets | 270.28M | 353.49M | 11.6M | 248.68M | 987.56M | 1.24B | 191.85M | 265.12M | 173.95M | 180.14M | 192.78M | 96.68M | 128.37M | -757.93M | 10M | 0 | 2.14M | 11.46K | 55.95M | 105.38M |
| Total Non-Current Assets | 1.43B | 1.43B | 1.76B | 1.76B | 1.99B | 1.91B | 1.87B | 1.91B | 1.85B | 1.84B | 1.76B | 1.65B | 1.75B | 800.14M | 1.7B | 800.04M | 800.03M | 750M | 1.38B | 1.38B |
| Property, Plant & Equipment | 343.61M | 424.39M | 593.88M | 593.88M | 626.38M | 0 | 389.73M | 353.6M | 357.58M | 338.81M | 354.79M | 344.89M | 369.45M | 0 | 328.82M | 0 | 204.23M | 204.23M | 201.67M | 201.67M |
| Fixed Asset Turnover | 1.85x | 1.40x | 0.95x | 0.92x | 0.91x | - | 1.44x | 1.72x | 1.97x | 1.57x | 2.82x | 1.22x | 1.59x | - | 1.79x | - | 1.31x | 1.32x | 1.46x | 1.46x |
| Goodwill | 53.32M | 0 | 43.79M | 43.79M | 45.51M | 0 | 48.06M | 44.3M | 46.97M | 46.69M | 46.46M | 43.51M | 46.96M | 0 | 53.28M | 0 | 0 | 0 | 59.13M | 59.13M |
| Intangible Assets | 784.35M | 837.67M | 997.06M | 997.06M | 1.41B | 0 | 1.37B | 1.49B | 1.42B | 1.43B | 1.35B | 1.26B | 1.33B | 0 | 1.32B | 0 | 1.28B | 1.28B | 1.11B | 1.11B |
| Long-Term Investments | 0 | 0 | 0 | 0 | 2.29M | 0 | 2.41M | 2.23M | 2.25M | 2.35M | 2.33M | 2.19M | 2.36M | 800.14M | 0 | 800.04M | 800.03M | 750M | 0 | 0 |
| Other Non-Current Assets | 124.03M | 166.63M | 39.74M | 121.29M | 531.23M | 1.91B | 17.81M | 4.01M | 4.58M | 4.88M | 5.31M | 2.21M | 2.38M | 0 | 1.68M | 0 | 10.68M | 10.68M | 1.44M | 3.6M |
| Total Assets | 3.64B | 3.64B | 4.05B | 4.05B | 3.83B | 3.94B | 4.29B | 4.39B | 4.26B | 3.98B | 3.94B | 3.65B | 3.62B | 801.72M | 3.31B | 802.34M | 803.22M | 751.74M | 2.55B | 2.55B |
| Asset Turnover | 0.20x | 0.18x | 0.14x | 0.14x | 0.15x | 0.08x | 0.12x | 0.14x | 0.17x | 0.14x | 0.26x | 0.12x | 0.27x | 0.22x | 0.29x | 0.27x | 0.34x | 0.16x | 0.12x | 0.12x |
| Asset Growth % | -4.95% | -7.53% | -5.54% | -7.57% | -9.94% | -1.11% | 8.87% | 20.19% | 17.52% | 396.86% | 19.12% | 354.85% | 350.79% | 6.65% | 29.87% | -68.52% | - | - | - | - |
| Total Current Liabilities | 5.2B | 5.2B | 4.74B | 4.74B | 3.19B | 2.8B | 3.62B | 4.5B | 4.07B | 3.2B | 3.25B | 2.81B | 2.55B | 89.65M | 3.04B | 58.84M | 36.94M | 22.89M | 1.87B | 1.87B |
| Accounts Payable | 757.74M | 757.74M | 893.91M | 893.91M | 482.38M | 0 | 368.14M | 728.43M | 921.63M | 1.01B | 1.03B | 883.01M | 953.58M | 0 | 1.54B | 0 | 1.13B | 1.13B | 1.15B | 1.15B |
| Days Payables Outstanding | 98.35 | 106.01 | 83.18 | 64.04 | 76.89 | - | 52.82 | 124.52 | 128.04 | 174.12 | 95.45 | 195.84 | 164.23 | - | 240.56 | - | 413.08 | 410.87 | 409.74 | 406.4 |
| Short-Term Debt | 3.2B | 3.2B | 2.61B | 2.69B | 1.59B | 0 | 2.12B | 2.9B | 2.4B | 1.39B | 1.41B | 1.19B | 821.84M | 0 | 734.12M | 2M | 98.52M | 98.52M | 363.49M | 363.49M |
| Deferred Revenue (Current) | 37.33M | 0 | 54.99M | 0 | 0 | 0 | 91.29M | 119.71M | 104.49M | 90.98M | 40.87M | 92.7M | 82.21M | 0 | 94.78M | 0 | -1.23B | -1.23B | 30.23M | 0 |
| Other Current Liabilities | 865.96M | 945.7M | 399.49M | 383.94M | 857.46M | 2.8B | 173.84M | 420.06M | 451.92M | 486.73M | 328.36M | 457.35M | 559.96M | 89.65M | 606.07M | 56.84M | -1.37B | -1.38B | 49.13M | 72.02M |
| Current Ratio | 0.43x | 0.43x | 0.48x | 0.48x | 0.58x | 0.72x | 0.63x | 0.55x | 0.59x | 0.67x | 0.67x | 0.71x | 0.73x | 0.02x | 0.53x | 0.04x | 0.09x | 0.08x | 0.63x | 0.63x |
| Quick Ratio | 0.27x | 0.27x | 0.26x | 0.26x | 0.35x | 0.72x | 0.37x | 0.33x | 0.38x | 0.41x | 0.47x | 0.47x | 0.63x | 0.02x | 0.35x | 0.04x | -10.63x | -17.22x | 0.40x | 0.40x |
| Cash Conversion Cycle | 54.56 | 62.75 | 66.92 | 49.92 | 66.17 | - | 99.72 | 65.51 | 21.84 | 0.01 | -2.89 | -58.81 | -101.96 | - | -116.9 | - | -238.27 | -186.31 | -151.39 | -157.8 |
| Total Non-Current Liabilities | 2.71B | 2.71B | 2.64B | 2.64B | 2.6B | 2.68B | 1.92B | 514.36M | 653.78M | 923.92M | 823.55M | 700.45M | 1.24B | 28M | 146.48M | 28M | 28M | 26.25M | 99.66M | 99.66M |
| Long-Term Debt | 2.38B | 2.38B | 2.34B | 2.28B | 2.3B | 2.68B | 1.41B | 0 | 0 | 372.89M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 50.29M | 50.29M | 47.92M | 104.35M | 76.17M | 0 | 54.44M | 74.53M | 75.79M | 72.89M | 85.56M | 61.99M | 60.47M | 0 | 66.58M | 0 | 62.55M | 62.55M | 61.84M | 61.84M |
| Deferred Tax Liabilities | 527K | 0 | 630K | 0 | 0 | 0 | 3.33M | 461K | 458K | 478K | 476K | 463K | 0 | 0 | 509K | 0 | 0 | 0 | 6.55M | 0 |
| Other Non-Current Liabilities | 198.56M | 273.3M | 194.93M | 256.56M | 228.64M | 2.68B | 386.43M | 378.5M | 519.26M | 497.83M | 738M | 601.71M | 1.18B | 28M | 50.48M | 28M | -34.55M | -36.3M | 18.85M | 37.82M |
| Total Liabilities | 7.91B | 7.91B | 7.38B | 7.38B | 5.65B | 5.48B | 5.54B | 5.02B | 4.73B | 4.12B | 4.08B | 3.51B | 3.79B | 117.65M | 3.19B | 86.84M | 64.94M | 49.14M | 1.97B | 1.97B |
| Total Debt | 5.65B | 5.65B | 5.01B | 5.12B | 4.03B | 2.68B | 3.65B | 2.97B | 2.51B | 1.77B | 1.45B | 1.26B | 899.67M | 2.5M | 825.41M | 2M | 161.07M | 161.07M | 436.52M | 436.52M |
| Net Debt | 4.93B | 4.93B | 4.27B | 4.38B | 3.24B | 1.9B | 2.88B | 2.02B | 1.45B | 881.13M | 478.67M | 276.24M | -481.97M | 2.15M | 68.73M | 1.51M | 160.01M | 159.34M | 120.09M | 120.09M |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | 9.25x | - | 0.00x | 6.74x | 0.00x | 0.22x | 0.23x | 0.75x | 0.75x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.67x | 2.65x | 6.37x | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.66x | 2.62x | 1.75x | - |
| Interest Coverage | -2.24x | -5.51x | -13.59x | 7.16x | -3.28x | -1.14x | -13.10x | -1.41x | -3.68x | 0.07x | -2.49x | 6.03x | -5.57x | -14.38x | -7.24x | -18.15x | - | - | - | - |
| Total Equity | -4.27B | -4.27B | -3.33B | -3.33B | -1.82B | -1.54B | -1.25B | -628.93M | -470.75M | -140.99M | -133.34M | 136.68M | -169.95M | 684.07M | 122.5M | 715.5M | 738.28M | 702.61M | 580.71M | 580.71M |
| Equity Growth % | -134.23% | -176.54% | -166.07% | -429.24% | -286.89% | -994.15% | -838.17% | -560.15% | -176.99% | -120.61% | -208.86% | -80.9% | -123.02% | -2.64% | -78.91% | 23.21% | - | 18.85% | - | - |
| Book Value per Share | -60.52 | -60.52 | -47.32 | -47.32 | -25.89 | -21.93 | -17.78 | -8.94 | -6.69 | -2.00 | -1.90 | 1.94 | -2.42 | 9.70 | 1.74 | 10.15 | 9.79 | 9.32 | 18.52 | 18.52 |
| Total Shareholders' Equity | -4.27B | -4.27B | -3.33B | -3.33B | -1.82B | -1.54B | -1.25B | -628.93M | -470.75M | -140.99M | -133.34M | 136.68M | -169.95M | 684.07M | 122.5M | 715.5M | 738.28M | 702.61M | 580.71M | 580.71M |
| Common Stock | 21.26M | 21.26M | 21.17M | 21.17M | 21.17M | -1.54B | 21.17M | 21.17M | 21.17M | 21.16M | 21.16M | 21.09M | 21.09M | 800M | 1.87B | 800M | 800M | 750M | 1.32B | 1.32B |
| Retained Earnings | -8.1B | -8.1B | -6.91B | -6.91B | -5.41B | 0 | -4.86B | -4.2B | -4.04B | -3.74B | -3.74B | -3.46B | -3.76B | -115.93M | -1.76B | -84.5M | -61.72M | -47.39M | -754.41M | -754.41M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -28.28M | -28.28M | -63.15M | -63.15M | -49.83M | 0 | -26.01M | -42.8M | -39M | -11.79M | -12.27M | -1.44M | -6.13M | 122.5M | -16.78M | 0 | -1.93M | -1.93M | 16.36M | 16.36M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |