P2 Solar (P2 Solar) Debt-to-Equity : -0.30 (As of Dec. 2023)

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What is P2 Solar Debt-to-Equity?

P2 Solar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.56 Mil. P2 Solar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. P2 Solar's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.83 Mil. P2 Solar's debt to equity for the quarter that ended in Dec. 2023 was -0.30.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for P2 Solar's Debt-to-Equity or its related term are showing as below:

PTOS' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.54 Med: -0.32 Max: -0.3
Current: -0.3

During the past 12 years, the highest Debt-to-Equity Ratio of P2 Solar was -0.30. The lowest was -0.54. And the median was -0.32.

PTOS's Debt-to-Equity is not ranked
in the Semiconductors industry.
Industry Median: 0.26 vs PTOS: -0.30

P2 Solar Debt-to-Equity Historical Data

The historical data trend for P2 Solar's Debt-to-Equity 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.

* Premium members only.

P2 Solar Debt-to-Equity Chart

P2 Solar Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar22

Mar23

Debt-to-Equity

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-0.21

-0.54

-0.32

P2 Solar Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	-0.32	-0.32	-0.32	-0.30

Competitive Comparison of P2 Solar's Debt-to-Equity

For the Solar subindustry, P2 Solar's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

P2 Solar's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, P2 Solar's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where P2 Solar's Debt-to-Equity falls into.

P2 Solar Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

P2 Solar's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.545	+	0)	/	-1.687
	=	-0.32

P2 Solar's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.555	+	0)	/	-1.83
	=	-0.30

P2 Solar (OTCPK:PTOS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

P2 Solar Debt-to-Equity Related Terms

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