Polar Power (POLA) Interest Coverage Ratio (2018 - 2026)

Polar Power's (POLA) quarterly Interest Coverage Ratio came in at 0.12 in Q1 2026, up 102.03% year-on-year from 0.06 in Q1 2025, and down 99.3% quarter-over-quarter from 17.01 in Q4 2025.

Polar Power (POLA) Interest Coverage Ratio (2018 - 2026) Analysis & Trends

Polar Power's Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 0.12 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 102.03% year-over-year to 0.12 in Q1 2026; TTM through Mar 2026 was 6.83, a 256.82% decrease from a year earlier, with the FY2025 full-year figure at 1.08, down 103.16% from the prior year.
  • Interest Coverage Ratio slipped to 0.12 in Q1 2026 per POLA's latest filing, from 17.01 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 17.01 in Q4 2025 and bottomed at 69.74 in Q4 2022.
  • The 5-year median for Interest Coverage Ratio is 4.43 (2025), against an average of 9.53.
  • Across the five-year window, Interest Coverage Ratio surged 807.11% in 2024 and slumped 6391.82% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 69.74 in 2022, then soared by 98.01% to 1.39 in 2023, then plunged by 268.56% to 5.13 in 2024, then jumped by 431.86% to 17.01 in 2025, then slumped by 99.3% to 0.12 in 2026.
  • Per Business Quant, the three latest POLA Interest Coverage Ratio figures stand at 0.12 (Q1 2026), 17.01 (Q4 2025), and 4.43 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 9.62
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 10.28
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 0.11
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 2.70
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 1.82
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 1.71
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 24.78
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 8.68
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -16.03
10 Polar Power 5.46 Mn 5.44 Mn 1.14 Mn 0.12

Historic Data

Download Data
DateValue
Mar 31, 2026 0.12
Dec 31, 2025 17.01
Sep 30, 2025 -4.43
Jun 30, 2025 -0.09
Mar 31, 2025 -5.86
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 -6.64
Jun 30, 2023 -0.13
Mar 31, 2023 -5.18
Dec 31, 2022 -69.74
Sep 30, 2022 -5.07
Jun 30, 2022 -34.52
Mar 31, 2022 -38.17
Dec 31, 2021 30.50
Sep 30, 2021 -0.63
Jun 30, 2021 -1.49