Polar Power (Polar Power) Accumulated Depreciation : $-5.26 Mil (As of Mar. 2024)

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What is Polar Power Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Polar Power's quarterly accumulated depreciation increased from Sep. 2023 ($-4.48 Mil) to Dec. 2023 ($-4.91 Mil) and increased from Dec. 2023 ($-4.91 Mil) to Mar. 2024 ($-5.26 Mil).

Polar Power's annual accumulated depreciation increased from Dec. 2021 ($-5.16 Mil) to Dec. 2022 ($-6.34 Mil) but then stayed the same from Dec. 2022 ($-6.34 Mil) to Dec. 2023 ($-4.91 Mil).

Polar Power Accumulated Depreciation Historical Data

The historical data trend for Polar Power's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Polar Power Accumulated Depreciation Chart

Polar Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-2.24

-3.98

-5.16

-6.34

-4.91

Polar Power Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-6.22	-6.50	-4.48	-4.91	-5.26

Polar Power Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Polar Power Accumulated Depreciation Related Terms

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Polar Power (Polar Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polar Power Inc (NAS:POLA) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

PPW:Germany

Address

249 East Gardena Boulevard, Gardena, CA, USA, 90248

Website

https://www.polarpower.com

Polar Power Inc is engaged in designing, manufacture, and sell DC power generators, renewable energy and cooling systems for applications primarily in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine and industrial. The company's products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery systems, and Marine DC generators. The Companie's geographical presence is in United States, Canada, Mexico, South Pacific Islands, Japan, Europe and Middle East and Other Asia Pacific countries.

Executives

Keith Albrecht	director	249 E. GARDENA BOULEVARD, GARDENA CA 90248
Arthur D. Sams	director, 10 percent owner, officer: President, CEO, Secretary	249 E. GARDENA BOULEVARD, GARDENA CA 90248
Rajesh Masina	officer: Chief Operating Officer	249 E. GARDENA BOULEVARD, GARDENA CA 90248
Luis Zavala	officer: Chief Financial Officer	249 E. GARDENA BOULEVARD, GARDENA CA 90248
Peter Gross	director	249 E. GARDENA BLVD., GARDENA CA 90248
Matthew Goldman	director	249 E. GARDENA BOULEVARD, GARDENA CA 90248