Polar Power (POLA) - Total debt

Total debt on the balance sheet as of September 2024 : HK$55.07 Million

According to Polar Power 's latest financial reports the company's total debt is HK$55.07 Million. 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	HK$18.9 M	61.77%
2021-12-31	HK$11.68 M	-63.69%
2020-12-31	HK$32.18 M	22.13%
2019-12-31	HK$26.35 M	178.62%
2018-12-31	HK$9.45 M	410.73%
2017-12-31	HK$1.85 M	-31.52%
2016-12-31	HK$2.7 M	-75.44%
2015-12-31	HK$11.01 M	45.67%
2014-12-31	HK$7.55 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Hyliion HYLN	HK$50.72 M	-7.90%	🇺🇸 USA
Polar Power POLA	HK$55.07 M	0.00%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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