Polar Power (POLA) Current Assets (2015 - 2026)
Polar Power (POLA) posted Current Assets of $10.04 million for Q2 2026, down 34.1% from $15.24 million a year earlier and down 10.1% from the prior quarter.
Polar Power (POLA) Current Assets (2015 - 2026) Analysis & Trends
At the end of FY2025, Polar Power's Current Assets came in at $10.03 million, down 35.7% from FY2024.
- Annual Current Assets has declined for four consecutive years, with a five-year compound annual growth rate of -7.3% (FY2020 to FY2025).
- In prior years, Polar Power's Current Assets was $15.6 million in FY2024 (-29.1%), $21.99 million in FY2023 (-5.7%), $23.32 million in FY2022 (-7.3%) and $25.15 million in FY2021 (+71.8%).
- Quarterly Current Assets has run from a low of $10.03 million in Q4 2025 to a high of $25.81 million in Q2 2022 over five years.
- On a year-over-year basis, Current Assets has declined in each of the last nine quarters, with an average decline of 29.5% over the last eight quarters.
- The strongest year-over-year quarter for Current Assets in the past five years was Q4 2021, with growth of 71.8%; the weakest was Q3 2025, with a decline of 36.6%.
- According to Business Quant data, Current Assets for the three prior quarters was $11.16 million (Q1 2026), $10.03 million (Q4 2025) and $11.82 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 57.83 Bn |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | 19.48 Bn |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | - |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 16.03 Bn |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | 8.70 Bn |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 16.71 Bn |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | 9.52 Bn |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | 6.60 Bn |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | 12.12 Bn |
| 10 | Polar Power | 1.03 Mn | 615,154.72 | -337,000.00 | 10.04 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.04 Mn |
| Mar 31, 2026 | 11.16 Mn |
| Dec 31, 2025 | 10.03 Mn |
| Sep 30, 2025 | 11.82 Mn |
| Jun 30, 2025 | 15.24 Mn |
| Mar 31, 2025 | 14.96 Mn |
| Dec 31, 2024 | 15.60 Mn |
| Sep 30, 2024 | 18.65 Mn |
| Jun 30, 2024 | 19.59 Mn |
| Mar 31, 2024 | 20.95 Mn |
| Dec 31, 2023 | 21.99 Mn |
| Sep 30, 2023 | 24.76 Mn |
| Jun 30, 2023 | 25.54 Mn |
| Mar 31, 2023 | 24.85 Mn |
| Dec 31, 2022 | 23.32 Mn |
| Sep 30, 2022 | 24.32 Mn |
| Jun 30, 2022 | 25.81 Mn |
| Mar 31, 2022 | 24.34 Mn |
| Dec 31, 2021 | 25.15 Mn |
| Sep 30, 2021 | 24.73 Mn |
Polar Power Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-assets&ticker=POLA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "ticker": "POLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-assets&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();