Polar Power (POLA) Interest Coverage Ratio (2018 - 2026)
Polar Power (POLA) posted Interest Coverage Ratio of 3.74 for Q2 2026, down 3246.36% on a QoQ basis from 0.12 in Q1 2026, and down 481.13% year-over-year from 0.98 in Q2 2025.
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Polar Power (POLA) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Polar Power has reported Interest Coverage Ratio for 9 years, with the latest figure at 3.74 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 481.13% year-over-year to 3.74 in Q2 2026; TTM through Jun 2026 was 4.57, a 64.92% decrease from a year earlier, with the FY2025 full-year figure at 3.86, down 90.14% from the prior year.
- Interest Coverage Ratio was 3.74 for Q2 2026 at Polar Power, down from 0.12 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 0.91 in Q2 2024, with the low at 198.0 in Q3 2022.
- Average Interest Coverage Ratio over 5 years is 25.72, with a median of 4.78 recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio jumped 136.88% in 2024, then sank 6391.82% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 69.74 in 2022, then jumped by 98.01% to 1.39 in 2023, then sank by 268.56% to 5.13 in 2024, then tumbled by 56.36% to 8.01 in 2025, then surged by 53.36% to 3.74 in 2026.
- The last three Interest Coverage Ratio figures came in at 3.74 (Q2 2026), 0.12 (Q1 2026), and 8.01 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 197.45 Bn | 191.35 Bn | 3.55 Bn | 12.09 |
| 2 | Eaton | 159.08 Bn | 158.38 Bn | 2.86 Bn | 6.93 |
| 3 | Vertiv Holdings | 95.42 Bn | 92.31 Bn | 1.23 Bn | 36.66 |
| 4 | TE Connectivity | 59.47 Bn | 58.23 Bn | 1.84 Bn | 31.65 |
| 5 | nVent Electric | 25.12 Bn | 24.86 Bn | 558.00 Mn | 231.31 |
| 6 | Hubbell | 23.93 Bn | 23.53 Bn | 613.00 Mn | - |
| 7 | Advanced Energy Industries | 10.64 Bn | 9.23 Bn | 236.10 Mn | 28.82 |
| 8 | Aptiv | 9.63 Bn | 8.87 Bn | 775.00 Mn | 5.92 |
| 9 | Valmont Industries | 9.23 Bn | 9.10 Bn | 340.82 Mn | 17.62 |
| 10 | Polar Power | 4.84 Mn | 4.65 Mn | -337,000.00 | -3.74 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.74 |
| Mar 31, 2026 | 0.12 |
| Dec 31, 2025 | -8.01 |
| Sep 30, 2025 | -4.43 |
| Jun 30, 2025 | -0.64 |
| Mar 31, 2025 | -6.67 |
| Dec 31, 2024 | -5.13 |
| Sep 30, 2024 | 0.07 |
| Jun 30, 2024 | 0.91 |
| Mar 31, 2024 | -3.83 |
| Dec 31, 2023 | -1.39 |
| Sep 30, 2023 | -9.78 |
| Jun 30, 2023 | -2.46 |
| Mar 31, 2023 | -13.27 |
| Dec 31, 2022 | -69.74 |
| Sep 30, 2022 | -198.00 |
| Jun 30, 2022 | -51.79 |
| Mar 31, 2022 | -85.15 |
| Dec 31, 2021 | 30.50 |
| Sep 30, 2021 | -54.43 |