Polar Power (POLA) Debt Ratio (2017 - 2026)

Polar Power's (POLA) quarterly Debt Ratio came in at 0.32 in Q1 2026, up 12.13% year-on-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.

  • On a quarterly basis, Debt Ratio rose 12.13% year-over-year to 0.32 in Q1 2026; TTM through Mar 2026 was 0.32, a 12.13% increase from a year earlier, with the FY2025 full-year figure at 0.42, up 53.01% from the prior year.
  • Debt Ratio fell to 0.32 in Q1 2026 per POLA's latest filing, from 0.42 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.42 in Q4 2025 and bottomed at 0.0 in Q3 2022.
  • The 5-year median for Debt Ratio is 0.21 (2024), against an average of 0.21.
  • Across the five-year window, Debt Ratio slumped 90.4% in 2022 and soared 5653.86% in 2023, its largest moves.
  • Year by year, Debt Ratio stood at 0.09 in 2022, then jumped by 100.15% to 0.18 in 2023, then surged by 53.53% to 0.27 in 2024, then soared by 53.01% to 0.42 in 2025, then decreased by 22.65% to 0.32 in 2026.
  • Per Business Quant, the three latest POLA Debt Ratio figures stand at 0.32 (Q1 2026), 0.42 (Q4 2025), and 0.38 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 0.30
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 0.22
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn -
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 0.31
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 0.22
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 0.44
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 0.15
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn -
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 0.28
10 Polar Power 5.46 Mn 5.44 Mn 1.14 Mn 0.32

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