Polar Power (POLA) Net Long-Term Debt Issued (Repaid) (2016 - 2026)
Polar Power (POLA) posted Non-Current Debt of $8,000 for Q2 2023, down 94.4% from $143,000 a year earlier.
Analysis
Polar Power (POLA) Net Long-Term Debt Issued (Repaid) (2016 - 2026) Analysis & Trends
At the end of FY2022, Polar Power's Non-Current Debt came in at $57,000, down 78.7% from FY2021.
- Annual Non-Current Debt has declined for four consecutive years, with a five-year compound annual growth rate of -14.8% (FY2017 to FY2022).
- In prior years, Polar Power's Non-Current Debt was $268,000 in FY2021 (-47.5%), $510,000 in FY2020 (-34.4%), $778,000 in FY2019 (-15.8%) and $924,539 in FY2018 (+629.0%).
- The Q2 2023 figure stands as the lowest quarterly Non-Current Debt in data going back to Q4 2017.
- The strongest year-over-year quarter for Non-Current Debt in the past five years was Q1 2019, with growth of 719.9%; the weakest was Q2 2023, with a decline of 94.4%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 3.16 Bn |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | -937.90 Mn |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | -10.74 Bn |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | -2.00 Mn |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | 7.22 Bn |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 2.53 Bn |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | -2.36 Bn |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | -15.30 Mn |
| 10 | Polar Power | 1.03 Mn | 615,154.72 | -337,000.00 | -185,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -185,000.00 |
| Mar 31, 2026 | -74,000.00 |
| Dec 31, 2025 | 527,000.00 |
| Sep 30, 2025 | 80,000.00 |
| Jun 30, 2025 | -3,000.00 |
| Mar 31, 2025 | 163,000.00 |
| Dec 31, 2024 | 1,000.00 |
| Sep 30, 2024 | -17,000.00 |
| Jun 30, 2024 | -23,000.00 |
| Mar 31, 2024 | -24,000.00 |
| Dec 31, 2023 | -1,000.00 |
| Sep 30, 2023 | 18,000.00 |
| Jun 30, 2023 | -62,000.00 |
| Mar 31, 2023 | -63,000.00 |
| Dec 31, 2022 | -61,000.00 |
| Sep 30, 2022 | -62,000.00 |
| Jun 30, 2022 | -59,000.00 |
| Mar 31, 2022 | -60,000.00 |
| Dec 31, 2021 | -58,000.00 |
| Sep 30, 2021 | -59,000.00 |
API Access
Polar Power Net Long-Term Debt Issued (Repaid) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=POLA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "POLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();