Polar Power (POLA) Non-Current Debt (2017 - 2023)
Polar Power (POLA) recorded quarterly Non-Current Debt of $8000.0 in Q2 2023, down 85.96% quarter-over-quarter from $57000.0 in Q4 2022, and down 94.41% on a YoY basis from $143000.0 in Q2 2022.
Polar Power (POLA) Non-Current Debt (2017 - 2023) Analysis & Trends
Polar Power's Non-Current Debt history runs 7 years deep, the most recent figure standing at $8000.0 for Q2 2023.
- In Q2 2023, Non-Current Debt fell 94.41% year-over-year to $8000.0; the TTM figure through Jun 2023 stood at $8000.0 (down 94.41% YoY), while the FY2022 annual figure was $57000.0, down 78.73% from the prior year.
- Non-Current Debt was $8000.0 for Q2 2023 at Polar Power, down from $57000.0 in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $880016.0 in Q1 2019 to a low of $8000.0 in Q2 2023.
- Historically, Non-Current Debt has averaged $452228.1 across 5 years, with a median of $451000.0 in 2021.
- The sharpest annual moves came in 2019 and 2023: Non-Current Debt jumped 719.86% in 2019, then slumped 94.41% in 2023.
- A 5-year view of Non-Current Debt shows it stood at $778000.0 in 2019, then plunged by 34.45% to $510000.0 in 2020, then plunged by 47.45% to $268000.0 in 2021, then tumbled by 78.73% to $57000.0 in 2022, then sank by 85.96% to $8000.0 in 2023.
- The last three Non-Current Debt figures came in at $8000.0 (Q2 2023), $57000.0 (Q4 2022), and $81000.0 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 31.78 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 2.92 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 1.54 Bn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 2.04 Bn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | - |
| 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 | 697.10 Mn |
| 10 | Polar Power | 6.05 Mn | 6.02 Mn | 1.14 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 8,000.00 |
| Jun 30, 2023 | 8,000.00 |
| Dec 31, 2022 | 57,000.00 |
| Dec 31, 2022 | 57,000.00 |
| Sep 30, 2022 | 81,000.00 |
| Sep 30, 2022 | 81,000.00 |
| Jun 30, 2022 | 143,000.00 |
| Jun 30, 2022 | 143,000.00 |
| Mar 31, 2022 | 205,000.00 |
| Mar 31, 2022 | 205,000.00 |
| Dec 31, 2021 | 268,000.00 |
| Dec 31, 2021 | 268,000.00 |
| Sep 30, 2021 | 329,000.00 |
| Sep 30, 2021 | 329,000.00 |
| Jun 30, 2021 | 390,000.00 |
| Jun 30, 2021 | 390,000.00 |
| Mar 31, 2021 | 451,000.00 |
| Mar 31, 2021 | 451,000.00 |
| Dec 31, 2020 | 510,000.00 |
| Dec 31, 2020 | 510,000.00 |