Polar Power Inc (POLA) - Total Liabilities
Based on the latest financial reports, Polar Power Inc (POLA) has total liabilities worth $9.52 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore cash efficiency ratio of Polar Power Inc to assess how effectively this company generates cash.
Polar Power Inc - Total Liabilities Trend (2014–2024)
This chart illustrates how Polar Power Inc's total liabilities have evolved over time, based on quarterly financial data. Check POLA asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Polar Power Inc Competitors by Total Liabilities
The table below lists competitors of Polar Power Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Smooth Rock Ventures Corp
V:SMRV
|
Canada | CA$954.41K |
|
Office Properties Income Trust
NASDAQ:OPI
|
USA | $2.50 Billion |
|
Nauticus Robotics Inc.
NASDAQ:KITT
|
USA | $46.94 Million |
|
Murchison Minerals Ltd
V:MUR
|
Canada | CA$340.82K |
|
DelphX Capital Markets Inc
V:DELX
|
Canada | CA$2.45 Million |
|
EAM Solar ASA
OL:EAM
|
Norway | Nkr9.98 Million |
|
Bank Maybank Indonesia Tbk PT
JK:BNII
|
Indonesia | Rp160.63 Trillion |
Liability Composition Analysis (2014–2024)
This chart breaks down Polar Power Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Polar Power Inc stock valuation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.25 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 3.37 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.77 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Polar Power Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Polar Power Inc (2014–2024)
The table below shows the annual total liabilities of Polar Power Inc from 2014 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $9.03 Million | -25.15% |
| 2023-12-31 | $12.07 Million | +100.93% |
| 2022-12-31 | $6.01 Million | +52.85% |
| 2021-12-31 | $3.93 Million | -37.70% |
| 2020-12-31 | $6.31 Million | +21.61% |
| 2019-12-31 | $5.19 Million | +81.48% |
| 2018-12-31 | $2.86 Million | +76.29% |
| 2017-12-31 | $1.62 Million | -45.55% |
| 2016-12-31 | $2.98 Million | +17.74% |
| 2015-12-31 | $2.53 Million | +47.69% |
| 2014-12-31 | $1.71 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, DC solar hybrid power systems that are available in diesel, natural … Read more