Polaris (Polaris) Cash And Cash Equivalents : $319 Mil (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Polaris Cash And Cash Equivalents?

Polaris's quarterly cash and cash equivalents increased from Sep. 2023 ($295.30 Mil) to Dec. 2023 ($367.80 Mil) but then stayed the same from Dec. 2023 ($367.80 Mil) to Mar. 2024 ($318.80 Mil).

Polaris's annual cash and cash equivalents declined from Dec. 2021 ($502.30 Mil) to Dec. 2022 ($324.50 Mil) but then increased from Dec. 2022 ($324.50 Mil) to Dec. 2023 ($367.80 Mil).

Polaris Cash And Cash Equivalents Historical Data

The historical data trend for Polaris's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Polaris Cash And Cash Equivalents Chart

Polaris Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

157.10

634.70

502.30

324.50

367.80

Polaris Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															322.90	340.40	295.30	367.80	318.80

Polaris Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Polaris (NYSE:PII) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Polaris Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Polaris's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Polaris (Polaris) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polaris Inc (NYSE:PII) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PII:Mexico PL6:Germany

Address

2100 Highway 55, Medina, MN, USA, 55340

Website

https://www.polaris.com

Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America at the end of 2022.

Executives

Robert Paul Mack	officer: CFO, EVP-Corp Dev Pres-GAM	2100 HIGHWAY 55, MEDINA MN 55340
Kevin M Farr	director	MATTEL, INC., 333 CONTINENTAL BLVD, M1-1518, EL SEGUNDO CA 90245
Stephen L. Eastman	officer: President - PG&A	2100 HIGHWAY 55, MEDINA MN 55340
Michael T Speetzen	officer: CEO	XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Michael D. Dougherty	officer: President-Motorcycles & Int'l	2100 HIGHWAY 55, MEDINA MN 55340
Dougherty Lucy Clark	officer: SVP-Gen Counsel & Secretary	2100 HIGHWAY 55, MEDINA MN 55340
James P Williams	officer: SVP-CHRO	600 TRAVIS, SUITE 5800, HOUSTON TX 77002
Benjamin D Duke	officer: President-Marine	2100 HIGHWAY 55, MEDINA MN 55340
Kenneth Pucel	officer: EVP, Global Ops & CTO	300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Steven Menneto	officer: President-ORV	2100 HIGHWAY 55, MEDINA MN 55340
Jacob Vogel	officer: President-Boats	2100 HIGHWAY 55, MEDINA MN 55340
Darryl R. Jackson	director	2100 HIGHWAY 55, MEDINA MN 55340
Scott W. Wine	officer: Chief Executive Officer	2100 HIGHWAY 55, MEDINA MN 55340
Christopher Musso	officer: President-ORV	2100 HIGHWAY 55, MEDINA MN 55340
Annette K Clayton	director	11384 BAYBERRY DRIVE, ROMEO MI 48065