Polar Power (POLA) Interest Coverage Ratio (2018 - 2026)
Polar Power (POLA) posted quarterly Interest Coverage Ratio of 0.12 for Q1 2026, up 102.03% year-over-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.
- In Q1 2026, Interest Coverage Ratio rose 102.03% year-over-year to 0.12; the TTM figure through Mar 2026 stood at 6.83 (down 256.82% YoY), while the FY2025 annual figure was 1.08, down 103.16% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.12, down from 17.01 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 17.01 in Q4 2025, with the low at 69.74 in Q4 2022.
- The 5-year median for Interest Coverage Ratio is 5.07 (2022), against an average of 10.4.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio surged 807.11% in 2024, then sank 6391.82% in 2025.
- Polar Power's Interest Coverage Ratio stood at 69.74 in 2022, then surged by 76.84% to 16.15 in 2023, then surged by 68.27% to 5.13 in 2024, then soared by 431.86% to 17.01 in 2025, then tumbled by 99.3% to 0.12 in 2026.
- Business Quant data shows POLA's Interest Coverage Ratio at 0.12 in Q1 2026, 17.01 in Q4 2025, and 4.43 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 36.66 |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 20.46 |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | - |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 231.31 |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 28.82 |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 14.29 |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -3.80 |
| 10 | Polar Power | 5.54 Mn | 5.36 Mn | -337,000.00 | -3.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -16.15 |
| 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 |