Growth Metrics

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

Polar Power's 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 16.32% quarter-over-quarter from 0.39 in Q4 2025.

Polar Power has reported Debt Ratio for 10 years, with the latest figure at 0.32 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 12.13% year-over-year to 0.32; the trailing twelve-month figure through Mar 2026 stood at 0.32 (up 12.13% YoY), and the FY2025 full-year result was 0.39, up 41.44% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.32, down from 0.39 in the prior quarter.
  • The five-year high for Debt Ratio was 0.39 in Q4 2025, with the low at 0.0 in Q3 2022.
  • Average Debt Ratio over 5 years is 0.2, with a median of 0.21 recorded in 2024.
  • Year-over-year, Debt Ratio tumbled 89.27% in 2022 and soared 5653.86% in 2023.
  • Tracing POLA's Debt Ratio over 5 years: stood at 0.08 in 2022, then soared by 109.08% to 0.17 in 2023, then jumped by 62.95% to 0.27 in 2024, then soared by 41.44% to 0.39 in 2025, then dropped by 16.32% to 0.32 in 2026.
  • The last three Debt Ratio figures came in at 0.32 (Q1 2026), 0.39 (Q4 2025), and 0.38 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 0.22
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 0.22
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 0.31
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 0.22
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 0.15
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 0.28
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 0.03
10 Polar Power 7.16 Mn 7.14 Mn 1.14 Mn 0.32

Historic Data

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DateValue
Mar 31, 2026 0.32
Dec 31, 2025 0.39
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 0.17
Sep 30, 2023 0.18
Jun 30, 2023 0.17
Dec 31, 2022 0.08
Sep 30, 2022 0.00
Jun 30, 2022 0.01
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Sep 30, 2021 0.01
Jun 30, 2021 0.01
Mar 31, 2021 0.07
Dec 31, 2020 0.11
Sep 30, 2020 0.04
Jun 30, 2020 0.03
Mar 31, 2020 0.03
Dec 31, 2019 0.03
Sep 30, 2019 0.03
Jun 30, 2019 0.03
Mar 31, 2019 0.03
Dec 31, 2018 0.04
Sep 30, 2018 0.03
Jun 30, 2018 0.03
Mar 31, 2018 0.00
Dec 31, 2017 0.01