Polar Power (POLA) Debt Ratio (2017 - 2026)
Polar Power (POLA) posted quarterly Debt Ratio of 0.32 for Q1 2026, up 12.13% year-over-year from 0.29 in Q1 2025, and down 22.65% quarter-over-quarter from 0.42 in Q4 2025.
Polar Power (POLA) Debt Ratio (2017 - 2026) Analysis & Trends
Polar Power's Debt Ratio history runs 10 years deep, the most recent figure standing at 0.32 for Q1 2026.
- In Q1 2026, Debt Ratio rose 12.13% year-over-year to 0.32; the TTM figure through Mar 2026 stood at 0.32 (up 12.13% YoY), while the FY2025 annual figure was 0.42, up 53.01% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.32, down from 0.42 in the prior quarter.
- The five-year high for Debt Ratio was 0.42 in Q4 2025, with the low at 0.0 in Q3 2022.
- The 5-year median for Debt Ratio is 0.21 (2024), against an average of 0.21.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio sank 90.4% in 2022, then soared 5653.86% in 2023.
- Polar Power's Debt Ratio stood at 0.09 in 2022, then soared by 100.15% to 0.18 in 2023, then jumped by 53.53% to 0.27 in 2024, then surged by 53.01% to 0.42 in 2025, then retreated by 22.65% to 0.32 in 2026.
- Business Quant data shows POLA's Debt Ratio at 0.32 in Q1 2026, 0.42 in Q4 2025, and 0.38 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 0.18 |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 0.00 |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 0.45 |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 0.21 |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 0.37 |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 0.15 |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 0.26 |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 0.03 |
| 10 | Polar Power | 5.54 Mn | 5.36 Mn | -337,000.00 | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.38 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.21 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.18 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.01 |
| Jun 30, 2021 | 0.02 |
| Mar 31, 2021 | 0.08 |