PTOS (P2 Solar) Quick Ratio: 0.01 (As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is P2 Solar Quick Ratio?

P2 Solar PTOS +29.00% Quick Ratio is 0.01 as of Mar. 2025.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. P2 Solar's quick ratio for the quarter that ended in Mar. 2025 was 0.01.

P2 Solar has a quick ratio of 0.01. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for P2 Solar's Quick Ratio or its related term are showing as below:

PTOS's Quick Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 1.85
* Ranked among companies with meaningful Quick Ratio only.

P2 Solar  (OTCPK:PTOS) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


P2 Solar Quick Ratio Related Terms


P2 Solar Quick Ratio Historical Data

* Premium members only.

The historical data trend for P2 Solar's Quick 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.

P2 Solar Quick Ratio Chart

P2 Solar Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.01 0.01 0.01 0.01

P2 Solar Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Quick Ratio 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 0.01 0.01 0.01 0.01 0.01

PTOS vs APWL, GSLR, SUNE: Quick Ratio Comparison

For the Solar subindustry, P2 Solar's Quick Ratio, along with its competitors' market caps and Quick 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.


P2 Solar Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, P2 Solar's Quick Ratio distribution charts can be found below:

* The bar in red indicates where P2 Solar's Quick Ratio falls into.



P2 Solar Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.012-0)/1.039
=0.01

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

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.012-0)/1.039
=0.01

* 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 Quick Ratio →
What does a Quick Ratio of 0.01 mean?
P2 Solar (PTOS) has a Quick Ratio of 0.01 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on P2 Solar and its competitors.
Is P2 Solar's Quick Ratio too high?
P2 Solar's current Quick Ratio is 0.01. The Semiconductors industry median Quick Ratio is 1.85. P2 Solar's value of 0.01 is 99.5% below this industry median.
How does P2 Solar's Quick Ratio compare to APWL and GSLR?
P2 Solar's Quick Ratio of 0.01 can be compared against companies in the Semiconductors industry. The industry median Quick Ratio is 1.85. P2 Solar's value of 0.01 is 99.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. P2 Solar's current Quick Ratio of 0.01 is 99.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on P2 Solar and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P2 Solar's current Quick Ratio is 0.01. 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 Quick Ratio of 0.01. The current Quick Ratio is 0.01 and 99.5% below the Semiconductors industry median of 1.85. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For P2 Solar (PTOS), the current Quick Ratio is 0.01 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.