PTOS (P2 Solar) Goodwill-to-Asset: 0.87 (As of Mar. 2025)

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What is P2 Solar Goodwill-to-Asset?

P2 Solar PTOS Goodwill-to-Asset is 0.87 as of Mar. 2025.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. P2 Solar's Goodwill for the quarter that ended in Mar. 2025 was $0.09 Mil. P2 Solar's Total Assets for the quarter that ended in Mar. 2025 was $0.10 Mil.


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

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


P2 Solar Goodwill-to-Asset Related Terms


P2 Solar Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for P2 Solar's Goodwill-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.

P2 Solar Goodwill-to-Asset Chart

P2 Solar Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar22 Mar23 Mar24 Mar25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.84 0.78 0.87

P2 Solar Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.85 0.87 0.88 0.87

PTOS vs APWL, GSLR, SUNE: Goodwill-to-Asset Comparison

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

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

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



P2 Solar Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

P2 Solar's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Goodwill to Asset (A: Mar. 2025 )=Goodwill/Total Assets
=0.09/0.103
=0.87

P2 Solar's Goodwill to Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

Goodwill to Asset (Q: Mar. 2025 )=Goodwill/Total Assets
=0.09/0.103
=

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.87 mean?
P2 Solar (PTOS) has a Goodwill-to-Asset of 0.87 as of Mar. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on P2 Solar and its competitors.
Is P2 Solar's Goodwill-to-Asset too high?
P2 Solar's current Goodwill-to-Asset is 0.87.
How does P2 Solar's Goodwill-to-Asset compare to APWL and GSLR?
P2 Solar's Goodwill-to-Asset of 0.87 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Semiconductors company?
A good Goodwill-to-Asset depends on the Semiconductors industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on P2 Solar and its competitors. P2 Solar's current Goodwill-to-Asset is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P2 Solar stock overvalued right now?
P2 Solar (PTOS) has a current Goodwill-to-Asset of 0.87. The current Goodwill-to-Asset is 0.87. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For P2 Solar (PTOS), the current Goodwill-to-Asset is 0.87 as of Mar. 2025. 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.

P2 Solar Business Description

Address 13718 91 Avenue, Surrey, BC, CAN, V3V 7X1
P2 Solar Inc is focused on the construction of rooftop solar systems in residential and commercial buildings in British Columbia, Canada. The company participates in the lucrative renewable energy market as a developer of solar photovoltaic (PV) power.