Polar Power Inc (POLA) - Total Liabilities
Based on the latest financial reports, Polar Power Inc (POLA) has total liabilities worth $9.06 Million USD as of March 2026. 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.
Polar Power Inc - Total Liabilities Trend (2014–2025)
This chart illustrates how Polar Power Inc's total liabilities have evolved over time, based on quarterly financial data. See POLA net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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 |
|---|---|---|
|
Syra Health Corp. Class A Common Stock
NASDAQ:SYRA
|
USA | $1.58 Million |
|
INC S.A.
WAR:INC
|
Poland | zł6.08 Million |
|
Triton Development S.A.
WAR:TRI
|
Poland | zł34.85 Million |
|
Farlim Group (Malaysia) Bhd
KLSE:6041
|
Malaysia | RM37.42 Million |
|
MRG Metals Ltd
AU:MRQ
|
Australia | AU$182.35K |
|
Banzai International Inc
NASDAQ:BNZI
|
USA | $23.38 Million |
|
Mesa Royalty Trust
NYSE:MTR
|
USA | $123.97K |
Liability Composition Analysis (2014–2025)
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 | 1.23 | 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 | 3.79 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.79 | 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 (2014–2025)
The table below shows the annual total liabilities of Polar Power Inc from 2014 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $10.29 Million | +13.94% |
| 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, and DC solar hybrid power systems; and mobile power systems. It also… Read more