Polar Power (POLA) Debt Ratio (2017 - 2026)
Polar Power (POLA) posted Debt Ratio of 0.46 for Q2 2026, up 23.19% on a QoQ basis from 0.38 in Q1 2026, and up 33.98% year-over-year from 0.35 in Q2 2025.
Analysis
Polar Power (POLA) Debt Ratio (2017 - 2026) Analysis & Trends
Polar Power has reported Debt Ratio for 10 years, with the latest figure at 0.46 in Q2 2026.
- On a quarterly basis, Debt Ratio rose 33.98% year-over-year to 0.46 in Q2 2026; TTM through Jun 2026 was 0.46, a 33.98% increase from a year earlier, with the FY2025 full-year figure at 0.48, up 65.29% from the prior year.
- Debt Ratio was 0.46 for Q2 2026 at Polar Power, up from 0.38 in the prior quarter.
- The five-year high for Debt Ratio was 0.48 in Q4 2025, with the low at 0.02 in Q3 2022.
- Average Debt Ratio over 5 years is 0.24, with a median of 0.22 recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio sank 70.55% in 2022, then jumped 743.97% in 2023.
- Over 5 years, Debt Ratio stood at 0.1 in 2022, then soared by 84.75% to 0.18 in 2023, then jumped by 59.87% to 0.29 in 2024, then soared by 65.29% to 0.48 in 2025, then retreated by 2.64% to 0.46 in 2026.
- The last three Debt Ratio figures came in at 0.46 (Q2 2026), 0.38 (Q1 2026), and 0.48 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 197.45 Bn | 191.35 Bn | 3.55 Bn | 0.42 |
| 2 | Eaton | 159.08 Bn | 158.38 Bn | 2.86 Bn | 0.40 |
| 3 | Vertiv Holdings | 95.42 Bn | 92.31 Bn | 1.23 Bn | 0.18 |
| 4 | TE Connectivity | 59.47 Bn | 58.23 Bn | 1.84 Bn | 0.22 |
| 5 | nVent Electric | 25.12 Bn | 24.86 Bn | 558.00 Mn | 0.21 |
| 6 | Hubbell | 23.93 Bn | 23.53 Bn | 613.00 Mn | 0.45 |
| 7 | Advanced Energy Industries | 10.64 Bn | 9.23 Bn | 236.10 Mn | 0.37 |
| 8 | Aptiv | 9.63 Bn | 8.87 Bn | 775.00 Mn | 0.30 |
| 9 | Valmont Industries | 9.23 Bn | 9.10 Bn | 340.82 Mn | 0.21 |
| 10 | Polar Power | 4.84 Mn | 4.65 Mn | -337,000.00 | 0.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.48 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 0.22 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.18 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.03 |
| Jun 30, 2021 | 0.03 |