Polar Power (POLA) Debt Ratio (2017 - 2026)
Polar Power (POLA) recorded quarterly Debt Ratio of 0.32 in Q1 2026, down 16.32% quarter-over-quarter from 0.39 in Q4 2025, and up 12.13% on a YoY basis from 0.29 in Q1 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 0.39, up 41.44% from the prior year.
- Debt Ratio was 0.32 for Q1 2026 at Polar Power, down from 0.39 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.39 in Q4 2025 to a low of 0.0 in Q3 2022.
- Historically, Debt Ratio has averaged 0.2 across 5 years, with a median of 0.21 in 2024.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio tumbled 89.27% in 2022, then jumped 5653.86% in 2023.
- A 5-year view of Debt Ratio shows it stood at 0.08 in 2022, then surged by 109.08% to 0.17 in 2023, then soared by 62.95% to 0.27 in 2024, then surged by 41.44% to 0.39 in 2025, then slipped 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 | Novonix | 479.97 Bn | 479.92 Bn | - | 0.33 |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 0.22 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.22 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 0.31 |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 0.22 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 0.15 |
| 10 | Polar Power | 6.05 Mn | 6.02 Mn | 1.14 Mn | 0.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |