Polar Power, Inc.

Polar Power, Inc. - Current Ratioverified

POLA

Price:

$1.79

Market Cap:

$4.98M

Polar Power, Inc., originally established in 1979 as Polar Products, Inc. before its name change in October 1991, is headquartered in Gardena, California. The company specializes in the engineering, manufacturing, and distribution of direct current (DC) power generators, renewable energy solutions, and cooling systems, serving both domestic and international markets. Its comprehensive product offerings include foundational DC power systems, various DC hybrid power configurations, solar-integrated DC hybrid power systems, and portable power units. These DC power solutions are designed to operate using diverse fuel sources, such as diesel, natural gas, LPG/propane, and other sustainable energy...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2016-12-07

Stock Exchange

NASDAQ

Ticker

POLA

The Current Ratio as of June 2026 (TTM) for Polar Power, Inc. (POLA) is 1.23

According to Polar Power, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.23. This represents a change of -2.67% compared to the average of 1.27 of the last 4 quarters.

Polar Power, Inc. (POLA) Historical Current Ratio (quarterly & annually)

How has POLA Current Ratio performed in the past?

The mean historical Current Ratio of Polar Power, Inc. over the last ten years is 6.36. The current 1.23 Current Ratio has changed 1.84% with respect to the historical average. Over the past ten years (40 quarters), POLA's Current Ratio was at its highest in in the June 2017 quarter at 32.46. The Current Ratio was at its lowest in in the December 2025 quarter at 0.97.

Quarterly (TTM)
Annual

Average

6.36

Median

5.45

Minimum

0.97

Maximum

15.79

Polar Power, Inc. (POLA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Polar Power, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 469.89%

Maximum Annual Current Ratio = 15.79

Minimum Annual Increase = -53.58%

Minimum Annual Current Ratio = 0.97

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.97-46.51%
20241.82-15.36%
20232.15-45.06%
20223.92-47.12%
20217.41128.84%
20203.24-53.58%
20196.98-41.41%
201811.91-24.57%
201715.7968.54%
20169.37469.89%

Polar Power, Inc. (POLA) Average Current Ratio

How has POLA Current Ratio performed in the past?

The current Current Ratio of Polar Power, Inc. (POLA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.65

5-year avg

3.26

10-year avg

6.36

Polar Power, Inc. (POLA) Current Ratio vs. Peers

How is POLA’s Current Ratio compared to its peers?

Polar Power, Inc.’s Current Ratio is less than ZOOZ Strategy Ltd. (9.85), greater than Clean Energy Technologies, Inc. (1.04), less than Multi Ways Holdings Limited (1.57), less than Chicago Rivet & Machine Co. (3.67), less than Eshallgo Inc. Class A Ordinary Shares (3.54), greater than Volato Group, Inc. (0.69), less than Momentus Inc. (2.52), less than Euro Tech Holdings Company Limited (2.01), greater than Nauticus Robotics, Inc. (0.21), greater than MingZhu Logistics Holdings Limited (1.00),

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