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
DateValue
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