Polar Power Inc (POLA)
0.4602
-0.07
(-13.06%)
USD |
NASDAQ |
Nov 15, 16:00
0.46
0.00 (0.00%)
After-Hours: 20:00
Polar Power Debt to Equity Ratio: 0.4293 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.4293 |
| March 31, 2024 | 0.4717 |
| December 31, 2023 | 0.3457 |
| September 30, 2023 | 0.3729 |
| June 30, 2023 | 0.3145 |
| March 31, 2023 | 0.1884 |
| December 31, 2022 | 0.1184 |
| September 30, 2022 | 0.0169 |
| June 30, 2022 | 0.0183 |
| March 31, 2022 | 0.0203 |
| December 31, 2021 | 0.0219 |
| September 30, 2021 | 0.0249 |
| June 30, 2021 | 0.107 |
| March 31, 2021 | 0.106 |
| December 31, 2020 | 0.2169 |
| September 30, 2020 | 0.1901 |
| June 30, 2020 | 0.1673 |
| March 31, 2020 | 0.0564 |
| Date | Value |
|---|---|
| December 31, 2019 | 0.0602 |
| September 30, 2019 | 0.051 |
| June 30, 2019 | 0.048 |
| March 31, 2019 | 0.0514 |
| December 31, 2018 | 0.054 |
| September 30, 2018 | 0.0367 |
| June 30, 2018 | 0.0369 |
| March 31, 2018 | 0.0093 |
| December 31, 2017 | 0.0104 |
| September 30, 2017 | 0.0112 |
| June 30, 2017 | 0.0122 |
| March 31, 2017 | 0.0131 |
| December 31, 2016 | 0.0147 |
| September 30, 2016 | 0.3744 |
| June 30, 2016 | 0.6427 |
| March 31, 2016 | |
| December 31, 2015 | 0.6302 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0169
Minimum
Sep 2022
0.4717
Maximum
Mar 2024
0.1709
Average
0.1184
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Chicago Rivet & Machine Co | 0.00 |
| CPI Aerostructures Inc | 0.7812 |
| Hyperscale Data Inc | 4.694 |
| Espey Manufacturing & Electronics Corp | 0.00 |
| Gencor Industries Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 22.18M |
| Total Liabilities (Quarterly) | 10.63M |
| Shareholders Equity (Quarterly) | 11.55M |
| Current Ratio | 2.076 |
| Net Debt Paydown Yield | -4.97% |