P2 Solar, Inc. balance sheet PTOS

Annual Quarterly

As of Mar 31, 2025, P2 Solar, Inc. had total assets of $102,716 and total liabilities of $1.1 million. Total assets were down 10.4% from a year earlier. Stockholders' equity was negative, at -$1.0 million, because liabilities exceed assets. Cash and investments were $0. The current ratio, current assets divided by current liabilities, was 0.01.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2025 Mar 31, 2025	FY 2024 Mar 31, 2024	FY 2023 Mar 31, 2023	FY 2014 Mar 31, 2014	FY 2012 Mar 31, 2013	FY 2011 Mar 31, 2012
Assets
Cash	0 -100.0%	0 -97.2%	0	0	0 -24.4%	0
Cash and investments	0 -100.0%	0 -97.2%	0	0	0 -24.4%	0
Receivables	0 -99.6%	0	—	—	—	—
Total current assets	0 -48.8%	0 +44.1%	0	0	0 +599.0%	0
Goodwill	0 +0.0%	0 +0.0%	0	—	—	—
Total assets	0 -10.4%	0 +7.0%	0	0	0 +599.0%	0
Liabilities and equity
Accounts payable	—	—	—	—	0	—
Total current liabilities	1 -44.3%	2 +9.4%	2	1	1 +89.6%	0
Total liabilities	1 -42.7%	2 +8.5%	2	1	1 +89.6%	0
Stockholders' equity	-1 +44.7%	-2 -8.6%	-2	-1	-1 -71.0%	-0
Ratios
Current ratio	0.01x	0.01x	0.01x	0.15x	0.13x	0.04x
Return on assets	-33.58%	-129.50%	-165.66%	-268.80%	-230.90%	-21,404.12%
Book value per share	-0.01	-0.03	-0.02	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Construction - Special Trade Contractors (SIC 1700)
Listed as: PTOS (OTC)
Fiscal year ends: March 31
Incorporated in: DE
Headquarters: Surrey
SEC filer status: Non-accelerated filer, Smaller reporting company, Emerging growth company
SEC CIK: 1172069
Former names: NATCO INTERNATIONAL INC. (until Mar 19, 2009); SPECTRUM INTERNATIONAL INC (until May 14, 2003)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.