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| Date | Value |
|---|---|
| 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 |