Polar Power Inc (POLA) - Total Assets
Based on the latest financial reports, Polar Power Inc (POLA) holds total assets worth $11.45 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Polar Power Inc - Total Assets Trend (2014–2025)
This chart illustrates how Polar Power Inc's total assets have evolved over time, based on quarterly financial data. Also see POLA stock market capitalisation for the company's overall valuation and market capitalisation.
Polar Power Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Polar Power Inc's total assets of $11.45 Million consist of 96.1% current assets and 3.9% non-current assets. Review POLA current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $330.00K | 3.2% |
| Inventory | $9.43 Million | 90.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2025)
This chart illustrates how Polar Power Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See latest Polar Power Inc stock price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Polar Power Inc's current assets represent 96.1% of total assets in 2025, an increase from 75.1% in 2014.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2025, down from 19.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 90.3% of total assets.
Polar Power Inc Competitors by Total Assets
Key competitors of Polar Power Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wolong Electric Group Co Ltd
SHG:600580
|
China | CN¥25.42 Billion |
|
Warom Technology Inc Co
SHG:603855
|
China | CN¥4.87 Billion |
|
Leedarson IoT Technology Inc
SHG:605365
|
China | CN¥6.50 Billion |
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩576.45 Billion |
|
Xinya Electronic Co Ltd
SHG:605277
|
China | CN¥3.47 Billion |
|
Sichuan Huati Lighting Tech
SHG:603679
|
China | CN¥1.48 Billion |
|
Zhejiang Yonggui Electric Equipment Co Ltd
SHE:300351
|
China | CN¥4.77 Billion |
|
Dongnan Electronics Co. Ltd. A
SHE:301359
|
China | CN¥953.64 Million |
Polar Power Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.23 | 1.64 | 4.85 |
| Quick Ratio | 0.18 | 0.20 | 3.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.11 Million | $5.82 Million | $20.37 Million |
Polar Power Inc - Advanced Valuation Insights
This section examines the relationship between Polar Power Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.80 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | -40.5% |
| Total Assets | $10.44 Million |
| Market Capitalization | $4.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Polar Power Inc's assets below their book value (0.46x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Polar Power Inc's assets decreased by 40.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Polar Power Inc (2014–2025)
The table below shows the annual total assets of Polar Power Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $10.44 Million | -40.52% |
| 2024-12-31 | $17.55 Million | -30.54% |
| 2023-12-31 | $25.26 Million | +4.43% |
| 2022-12-31 | $24.19 Million | -11.01% |
| 2021-12-31 | $27.18 Million | +52.71% |
| 2020-12-31 | $17.80 Million | -24.46% |
| 2019-12-31 | $23.56 Million | -6.64% |
| 2018-12-31 | $25.24 Million | +3.00% |
| 2017-12-31 | $24.50 Million | -7.98% |
| 2016-12-31 | $26.63 Million | +456.73% |
| 2015-12-31 | $4.78 Million | +63.92% |
| 2014-12-31 | $2.92 Million | -- |
About Polar Power Inc
Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States, Canada, Australia, the South Pacific Islands, Asia, Europe, the Middle East, the United Kingdom, and South Africa. The company offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems; and mobile power systems. It also… Read more