Polar Power (FRA:PPW0) Debt-to-Equity : 0.61 (As of Sep. 2024)

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What is Polar Power Debt-to-Equity?

Polar Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €5.63 Mil. Polar Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.76 Mil. Polar Power's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €10.42 Mil. Polar Power's debt to equity for the quarter that ended in Sep. 2024 was 0.61.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Polar Power's Debt-to-Equity or its related term are showing as below:

FRA:PPW0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.17 Max: 0.81
Current: 0.61

During the past 10 years, the highest Debt-to-Equity Ratio of Polar Power was 0.81. The lowest was 0.01. And the median was 0.17.

FRA:PPW0's Debt-to-Equity is ranked worse than
72.68% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs FRA:PPW0: 0.61

Polar Power Debt-to-Equity Historical Data

The historical data trend for Polar Power's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Polar Power Debt-to-Equity Chart

Polar Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.18

0.36

0.06

0.13

0.57

Polar Power Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.59	0.57	0.72	0.64	0.61

Competitive Comparison of Polar Power's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Polar Power's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Polar Power's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Polar Power's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Polar Power's Debt-to-Equity falls into.

Polar Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Polar Power's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.211	+	1.702)	/	12.094
	=	0.57

Polar Power's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.629	+	0.757)	/	10.416
	=	0.61

Polar Power (FRA:PPW0) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Polar Power Debt-to-Equity Related Terms

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Polar Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polar Power Inc (FRA:PPW0) » Definitions » Debt-to-Equity

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POLA:USA

Address

249 East Gardena Boulevard, Gardena, CA, USA, 90248

Website

https://www.polarpower.com

Polar Power Inc is engaged in designing, manufacturing, and selling DC power generators, renewable energy, and cooling systems for applications primarily in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine, and industrial. The company's products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery systems, and Marine DC generators. The Companie's geographical presence is in the United States, Canada, Mexico, South Pacific Islands, Japan, Europe and Middle East and Other Asia Pacific countries.

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