Polar Power (POLA) Total Debt (2017 - 2026)
Polar Power (POLA) reported Total Debt of $2.92 million for Q2 2026, down 49.2% from $5.74 million a year earlier and down 37.7% from the prior quarter.
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Analysis
Polar Power (POLA) Total Debt (2017 - 2026) Analysis & Trends
At the end of FY2025, Polar Power posted Total Debt of $5.09 million, up 0.5% from FY2024.
- Total Debt has increased for four consecutive years, with a five-year compound annual growth rate of 18.2% (FY2020 to FY2025).
- By year, Total Debt came in at $5.06 million in FY2024 (+11.1%), $4.56 million in FY2023 (+111.8%), $2.15 million in FY2022 (+322.0%) and $510,000 in FY2021 (-76.9%).
- The Q2 2026 figure ranks as the lowest quarterly Total Debt since Q4 2022.
- Year over year, Total Debt gained in five of the last eight quarters, with an average decline of 4.8%.
- The high point for year-over-year Total Debt in five years was Q4 2022 (growth of 322.0%); the low point was Q1 2022 (a decline of 80.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.68 million (Q1 2026), $5.09 million (Q4 2025) and $5.16 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 45.15 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 18.81 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 23.21 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 20.61 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 8.52 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 2.94 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 13.11 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 12.55 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 9.69 Bn |
| 10 | Polar Power | 4.61 Mn | 4.20 Mn | -337,000.00 | 2.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.92 Mn |
| Mar 31, 2026 | 4.68 Mn |
| Dec 31, 2025 | 5.09 Mn |
| Sep 30, 2025 | 5.16 Mn |
| Jun 30, 2025 | 5.74 Mn |
| Mar 31, 2025 | 5.22 Mn |
| Dec 31, 2024 | 5.06 Mn |
| Sep 30, 2024 | 4.93 Mn |
| Jun 30, 2024 | 4.96 Mn |
| Mar 31, 2024 | 5.21 Mn |
| Dec 31, 2023 | 4.56 Mn |
| Sep 30, 2023 | 5.52 Mn |
| Jun 30, 2023 | 5.07 Mn |
| Dec 31, 2022 | 2.15 Mn |
| Sep 30, 2022 | 329,000.00 |
| Jun 30, 2022 | 391,000.00 |
| Mar 31, 2022 | 450,000.00 |
| Dec 31, 2021 | 510,000.00 |
| Sep 30, 2021 | 694,000.00 |
| Jun 30, 2021 | 872,000.00 |
API Access
Polar Power Total Debt 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=total-debt&ticker=POLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();