Polar Power (POLA) Debt Ratio (2017 - 2026)
Polar Power's Debt Ratio was 0.29 in Q2 2026, down 17.5% from 0.35 a year earlier and down 30.1% from the prior quarter.
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Analysis
Polar Power (POLA) Debt Ratio (2017 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Polar Power came in at 0.49, up 68.9% from FY2024.
- Debt Ratio has now increased for four consecutive years.
- In earlier years, Debt Ratio was 0.29 in FY2024 (+59.9%), 0.18 in FY2023 (+102.9%), 0.09 in FY2022 (+374.2%) and 0.02 in FY2021 (-84.9%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q3 2024.
- Compared with a year earlier, Debt Ratio was higher in seven of the last eight quarters, with growth averaging 42.4%.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2022 (growth of 374.2%); the worst was Q4 2021 (a decline of 84.9%).
- Per Business Quant data, POLA's Debt Ratio in the three quarters before Q2 2026 was 0.41 (Q1 2026), 0.49 (Q4 2025) and 0.42 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 0.44 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 0.42 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 0.22 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 0.37 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 0.28 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 0.18 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 0.31 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 0.36 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 0.59 |
| 10 | Polar Power | 4.61 Mn | 4.20 Mn | -337,000.00 | 0.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 0.49 |
| 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 | 0.09 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.03 |
| Jun 30, 2021 | 0.03 |
API Access
Polar Power Debt Ratio 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=debt-ratio&ticker=POLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();