Polar Power POLA
NASDAQ POLA
$1.51 +0.04 (+2.72%)
As of: Aug 21, 2026 · 3:59 PM EDT

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
DateValue
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