P2 Solar Inc (PTOS)
0.0078
0.00 (0.00%)
USD |
OTCM |
Apr 29, 16:00
P2 Solar Debt to Equity Ratio: -0.3035 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
December 31, 2023 | -0.3035 |
September 30, 2023 | -0.3154 |
Date | Value |
---|---|
June 30, 2023 | -0.3147 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-0.3154
Minimum
Sep 2023
-0.3035
Maximum
Dec 2023
-0.3112
Average
-0.3147
Median
Jun 2023
Debt to Equity Ratio Benchmarks
Canadian Solar Inc | 1.695 |
Amkor Technology Inc | 0.3037 |
AXT Inc | 0.2594 |
inTest Corp | 0.1251 |
Siyata Mobile Inc | 0.1604 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 0.0438M |
Total Liabilities (Quarterly) | 1.874M |
Shareholders Equity (Quarterly) | -1.830M |
Current Ratio | 0.0217 |