P2 Solar (P2 Solar) Equity-to-Asset : -41.59 (As of Dec. 2023)

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What is P2 Solar Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. P2 Solar's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.83 Mil. P2 Solar's Total Assets for the quarter that ended in Dec. 2023 was $0.04 Mil. Therefore, P2 Solar's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -41.59.

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

PTOS' s Equity-to-Asset Range Over the Past 10 Years
Min: -84.35 Med: -34.95 Max: -3.67
Current: -41.59

During the past 12 years, the highest Equity to Asset Ratio of P2 Solar was -3.67. The lowest was -84.35. And the median was -34.95.

PTOS's Equity-to-Asset is ranked worse than
99.9% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs PTOS: -41.59

P2 Solar Equity-to-Asset Historical Data

The historical data trend for P2 Solar's Equity-to-Asset 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 Equity-to-Asset Chart

P2 Solar Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar22

Mar23

Equity-to-Asset

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-27.58

-6.66

-3.67

-71.26

-84.35

P2 Solar Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-	-84.35	-48.64	-28.31	-41.59

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

For the Solar subindustry, P2 Solar's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Semiconductors Industry

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

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

P2 Solar Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-1.687	/	0.02
	=

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

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-1.83	/	0.044
	=	-41.59

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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

P2 Solar Equity-to-Asset Related Terms

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