P2 Solar Inc (PTOS)
0.002
0.00 (0.00%)
USD |
OTCM |
Nov 21, 16:00
P2 Solar Debt to Equity Ratio: -0.7132 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | -0.7132 |
| June 30, 2024 | -0.7079 |
| March 31, 2024 | -0.7075 |
| Date | Value |
|---|---|
| December 31, 2023 | -0.7127 |
| September 30, 2023 | -0.726 |
| June 30, 2023 | -0.7243 |
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
-0.726
Minimum
Sep 2023
-0.7075
Maximum
Mar 2024
-0.7153
Average
-0.7129
Median
Debt to Equity Ratio Benchmarks
| Canadian Solar Inc | 1.807 |
| Amkor Technology Inc | 0.2646 |
| AXT Inc | 0.2693 |
| inTest Corp | 0.1603 |
| Siyata Mobile Inc | 0.3579 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 0.103M |
| Total Liabilities (Quarterly) | 2.011M |
| Shareholders Equity (Quarterly) | -1.908M |
| Current Ratio | 0.0066 |
| Net Debt Paydown Yield | -8.23% |