PN Smart Energy (PN) Debt Ratio (2024 - 2026)
PN Smart Energy's (PN) quarterly Debt Ratio came in at 0.08 in Q1 2026, up 416.35% year-over-year from 0.02 in Q1 2025, and down 11.59% quarter-over-quarter from 0.09 in Q3 2025.
Analysis
PN Smart Energy (PN) Debt Ratio (2024 - 2026) Analysis & Trends
PN Smart Energy has disclosed Debt Ratio across 3 years of filings, most recently posting 0.08 for Q1 2026.
- In Q1 2026, Debt Ratio rose 416.35% year-over-year to 0.08; the TTM figure through Mar 2026 stood at 0.08 (up 416.35% YoY), while the FY2025 annual figure was 0.09, down 81.11% from the prior year.
- Debt Ratio came in at 0.08 for Q1 2026 at PN Smart Energy, down from 0.09 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.49 in Q3 2024 to a low of 0.02 in Q1 2025.
- Average Debt Ratio over 3 years is 0.17, with a median of 0.09 recorded in 2025.
- Year-over-year, Debt Ratio sank 81.11% in 2025 and soared 416.35% in 2026.
- Over 3 years, Debt Ratio stood at 0.49 in 2024, then slumped by 81.11% to 0.09 in 2025, then decreased by 11.59% to 0.08 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.08 in Q1 2026, 0.09 in Q3 2025, and 0.02 in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 0.20 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 0.37 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 0.40 |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 0.44 |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 0.31 |
| 10 | PN Smart Energy | 3.16 Mn | -4.46 Mn | - | 0.08 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.08 |
| Sep 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.02 |
| Sep 30, 2024 | 0.49 |