Polar Power Stock

Polar Power Liabilities 2024

Polar Power Liabilities

12.07 M USD

Ticker

POLA

ISIN

US73102V1052

WKN

A2DNSM

In 2024, Polar Power's total liabilities amounted to 12.07 M USD, a 100.83% difference from the 6.01 M USD total liabilities in the previous year.

Polar Power Aktienanalyse

What does Polar Power do?

Polar Power Inc is a leading company in renewable energy systems that has been developing innovative technologies for use in challenging environments since 1979. The company is headquartered in Gardena, California and has been listed on the NASDAQ under the symbol POLA since 1992. Polar Power Inc was founded by electrical engineer and entrepreneur Arthur D. Sams, who had previously worked for NASA. His vision was to create a reliable and cost-effective power supply for people living or working in remote regions or under extreme conditions, such as in Antarctica or on oil rigs. Sams recognized that the availability of energy is a fundamental requirement for human development and progress. His goal was to develop technologies that use renewable energy resources and make nuclear and fossil fuels obsolete. Polar Power's business model is based on the development and production of energy-efficient solar power systems, integrated hybrid systems, battery backup systems, and intelligent power storage solutions. The products combine the benefits of renewable energy with the security and efficiency of conventional power supply systems. Polar Power's customers are mainly governments, companies, and organizations operating in remote areas or with military applications. This includes humanitarian organizations that provide aid during natural disasters and humanitarian crises. Polar Power's offerings can be divided into four main categories: 1. Solar systems Polar Power offers solar systems for a wide range of applications. For example, for powering houses, RVs, boats and yachts, or for satellite and communication missions. The systems are available in different designs and sizes and can be individually configured. 2. Hybrid systems Polar Power's hybrid systems combine solar energy with other renewable energy sources and conventional power generators such as diesel generators. They are often used in areas where solar radiation is not sufficient to ensure a continuous flow of energy. Hybrid systems can also serve as backup solutions to avoid regular power outages. 3. Backup systems Polar Power's backup systems provide uninterrupted emergency power supply during power outages or other emergencies. They can be installed as autonomous systems or as hybrid variants. This allows hospitals, medical facilities, data centers, or military bases to continue to be supplied with electricity even in the event of public power grid failures. 4. Power storage solutions Polar Power's power storage solutions help increase the efficiency of power supply and reduce costs. The intelligent systems optimize the use of renewable energy sources and ensure a continuous flow of power. They can be supplied in different sizes and capacities and are particularly suitable for off-grid installations or locations with fluctuating power demands. In recent years, Polar Power has also expanded its presence in the electric vehicle and charging station sector. The company also develops and produces batteries and modular electrical switchboards that can be used in a variety of applications. Polar Power has received numerous awards throughout its history and has established a reputation as a pioneer in the energy sector. The company continues to pursue its mission of developing energy-efficient solutions that enable people in remote or challenging regions to use electricity safely, reliably, and cost-effectively. Polar Power ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Polar Power's Liabilities

Polar Power's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Polar Power's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Polar Power's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Polar Power's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Polar Power’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Polar Power stock

What is the level of liabilities of Polar Power this year?

Polar Power has a debt balance of 12.07 M USD this year.

What were the liabilities of Polar Power compared to the previous year?

The liabilities of Polar Power have increased by 100.83% increased compared to the previous year.

What are the consequences of high debt for investors of Polar Power?

High liabilities can pose a risk for investors of Polar Power, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Polar Power?

Low liabilities mean that Polar Power has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Polar Power affect the company?

An increase in liabilities of Polar Power can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Polar Power affect the company?

A decrease in the liabilities of Polar Power can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Polar Power?

Some factors that can influence the liabilities of Polar Power include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Polar Power so important for investors?

The liabilities of Polar Power are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Polar Power take to modify the liabilities?

To change its liabilities, Polar Power can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Polar Power pay?

Over the past 12 months, Polar Power paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Polar Power is expected to pay a dividend of 0 USD.

What is the dividend yield of Polar Power?

The current dividend yield of Polar Power is .

When does Polar Power pay dividends?

Polar Power pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Polar Power?

Polar Power paid dividends every year for the past 0 years.

What is the dividend of Polar Power?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Polar Power located?

Polar Power is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Polar Power kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Polar Power from 8/31/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/31/2024.

When did Polar Power pay the last dividend?

The last dividend was paid out on 8/31/2024.

What was the dividend of Polar Power in the year 2023?

In the year 2023, Polar Power distributed 0 USD as dividends.

In which currency does Polar Power pay out the dividend?

The dividends of Polar Power are distributed in USD.

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Andere Kennzahlen von Polar Power

Our stock analysis for Polar Power Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Polar Power Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.