Polar Power (POLA) - Total debt

Total debt on the balance sheet as of June 2024 : A$11.11 M

According to Polar Power 's latest financial reports the company's total debt is A$11.11 M. A company’s total debt is the sum of all current and non-current debts.

Polar Power - Total debt on balance sheet (from 2015 to 2024)

Total debt by year

Year	Total debt	Change
2022-12-31	A$3.55 M	72.5%
2021-12-31	A$2.06 M	-61.74%
2020-12-31	A$5.38 M	11.93%
2019-12-31	A$4.81 M	180.85%
2018-12-31	A$1.71 M	464.49%
2017-12-31	A$0.3 M	-37.25%
2016-12-31	A$0.48 M	-75.19%
2015-12-31	A$1.95 M	64.11%
2014-12-31	A$1.18 M

Total debt for similar companies or competitors

Company	Total debt	differencediff.	Country
Hyliion HYLN	A$9.89 M	-11.00%	🇺🇸 USA
Polar Power POLA	A$11.11 M	0.00%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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