Polar Power (POLA) Interest Coverage Ratio (2018 - 2026)
Polar Power's quarterly Interest Coverage Ratio came in at 0.12 in Q1 2026, up 101.77% year-on-year from 0.06 in Q1 2025, and up 100.63% quarter-over-quarter from 18.84 in Q4 2025.
Polar Power has reported Interest Coverage Ratio for 9 years, with the latest figure at 0.12 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 101.77% year-over-year to 0.12; the trailing twelve-month figure through Mar 2026 stood at 9.63 (down 78.66% YoY), and the FY2025 full-year result was 11.7, down 73.54% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.12, up from 18.84 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 2.57 in Q2 2024, with the low at 198.0 in Q3 2022.
- Average Interest Coverage Ratio over 5 years is 30.55, with a median of 13.27 recorded in 2023.
- Year-over-year, Interest Coverage Ratio surged 204.45% in 2024 and slumped 7229.58% in 2025.
- Tracing POLA's Interest Coverage Ratio over 5 years: stood at 69.74 in 2022, then jumped by 76.84% to 16.15 in 2023, then decreased by 17.19% to 18.93 in 2024, then rose by 0.49% to 18.84 in 2025, then surged by 100.63% to 0.12 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.12 (Q1 2026), 18.84 (Q4 2025), and 18.64 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | -100.02 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 8.39 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 150.54 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | - |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 16.66 |
| 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 | - |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 9.61 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -6.31 |
| 10 | Polar Power | 7.16 Mn | 7.14 Mn | 1.14 Mn | 0.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.12 |
| Dec 31, 2025 | -18.84 |
| Sep 30, 2025 | -18.64 |
| Jun 30, 2025 | -0.64 |
| Mar 31, 2025 | -6.67 |
| Dec 31, 2024 | -18.93 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 2.57 |
| Mar 31, 2024 | -12.14 |
| Dec 31, 2023 | -16.15 |
| 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 |
| Jun 30, 2021 | -57.67 |
| Mar 31, 2021 | -118.63 |
| Dec 31, 2020 | -259.64 |
| Sep 30, 2020 | -428.45 |
| Jun 30, 2020 | -163.93 |
| Mar 31, 2020 | -110.48 |
| Dec 31, 2019 | -67.77 |
| Sep 30, 2019 | 3.07 |
| Jun 30, 2019 | 57.30 |
| Mar 31, 2019 | 7.18 |
| Dec 31, 2018 | -20.50 |
| Sep 30, 2018 | -275.10 |
| Jun 30, 2018 | 99.52 |
| Mar 31, 2018 | -108.74 |