PN (PN Smart Energy) Cash Ratio: 0.21 (As of Mar. 2026) — 48% Below Median

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PN PN Smart Energy Ltd PN
18 GF Score
Price $6.89
! 2 Warning Signs
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What is PN Smart Energy Cash Ratio?

PN Smart Energy PN -3.37% 18 Cash Ratio is 0.21 as of Mar. 2026, which is 48% below its 10-year median of 0.40. GuruFocus rates PN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,022 Semiconductors companies, PN Smart Energy ranks worse than 75.44% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. PN Smart Energy's Cash Ratio for the quarter that ended in Mar. 2026 was 0.21.

PN Smart Energy has a Cash Ratio of 0.21. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for PN Smart Energy's Cash Ratio or its related term are showing as below:

PN' s Cash Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.4   Max: 0.48
Current: 0.43

During the past 5 years, PN Smart Energy's highest Cash Ratio was 0.48. The lowest was 0.15. And the median was 0.40.

PN's Cash Ratio is ranked worse than
75.44% of 1022 companies
in the Semiconductors industry
Industry Median: 1.015 vs PN: 0.43

PN Smart Energy  (NAS:PN) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


PN Smart Energy Cash Ratio Related Terms


PN Smart Energy Cash Ratio Historical Data

* Premium members only.

The historical data trend for PN Smart Energy's Cash Ratio 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.

PN Smart Energy Cash Ratio Chart

PN Smart Energy Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Cash Ratio
0.15 0.20 0.48 0.40 0.43

PN Smart Energy Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Ratio Get a 7-Day Free Trial Premium Member Only 0.29 0.40 0.57 0.43 0.21

PN vs HYSR, TYGO, SPWR: Cash Ratio Comparison

For the Solar subindustry, PN Smart Energy's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


PN Smart Energy Cash Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, PN Smart Energy's Cash Ratio distribution charts can be found below:

* The bar in red indicates where PN Smart Energy's Cash Ratio falls into.


PN
18GF Score
PN Smart Energy Ltd PN
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PN Smart Energy Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

PN Smart Energy's Cash Ratio for the fiscal year that ended in Sep. 2025 is calculated as:

Cash Ratio (A: Sep. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=9.343/21.72
=0.43

PN Smart Energy's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=4.883/23.22
=0.21

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.21 mean?
PN Smart Energy (PN) has a Cash Ratio of 0.21 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on PN Smart Energy and its competitors. This is 48% below median its historical median of 0.40. Over the past decade, PN Smart Energy's Cash Ratio has ranged from 0.15 to 0.48. According to the industry distribution chart, PN Smart Energy ranks #771 out of 1022 companies in the Semiconductors industry, placing it in the top 75.4%.
Is PN Smart Energy's Cash Ratio too high?
PN Smart Energy's current Cash Ratio of 0.21 is 48% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.48. The Semiconductors industry median Cash Ratio is 1.02. PN Smart Energy's value of 0.21 is 79.3% below this industry median. Based on the distribution chart, PN Smart Energy ranks #771 out of 1022 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, PN Smart Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does PN Smart Energy's Cash Ratio compare to HYSR and TYGO?
According to the Semiconductors industry distribution chart, PN Smart Energy ranks #771 out of 1022 companies for Cash Ratio. This places PN Smart Energy in the lower half of its industry. The industry median Cash Ratio is 1.02. PN Smart Energy's value of 0.21 is 79.3% below this benchmark. Historically, PN Smart Energy's own Cash Ratio has ranged from 0.15 to 0.48 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.02, PN Smart Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Semiconductors company?
The median Cash Ratio among Semiconductors companies is 1.02, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PN Smart Energy's current Cash Ratio of 0.21 is 79.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on PN Smart Energy and its competitors. For the Semiconductors industry, the median Cash Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PN Smart Energy's current Cash Ratio is 0.21, which is 48% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PN Smart Energy stock overvalued right now?
PN Smart Energy (PN) has a current Cash Ratio of 0.21. The current Cash Ratio is 0.21, which is 48% below median its 10-year median of 0.40 and 79.3% below the Semiconductors industry median of 1.02. PN Smart Energy's overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For PN Smart Energy (PN), the current Cash Ratio is 0.21 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PN Smart Energy Business Description

Address No.188 Jinghua Road, Room 303, Block B, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315048
PN Smart Energy Ltd is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. The company operates as an independent power provider (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure. Through its PNTECH brand, the company also manufactures photovoltaic cables and connectors, serving customers across various countries and regions.
18GF Score

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