Polar Power POLA
NASDAQ POLA
$1.27 -0.02 (-1.55%)
At close: Sep 10, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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