Puissant Industries, Inc.

Puissant Industries, Inc.verified

PSSS

Price:

$0.0002

Market Cap:

$3.11K

Puissant Industries, Inc. explores, develops, and produces oil and natural gas properties focusing on the onshore United States. The company holds oil and gas interests in the Raccoon Mountain, Wofford, Woodbine, and Rockholds Fields located in Clay and Whitley counties in Kentucky. It has 39 wells with an area of approximately 4,685 acres available for drilling and exploration. The company was formerly known as American Resource Management, Inc. and changed its name to Puissant Industries, Inc. in March 2011. Puissant Industries, Inc. was founded in 2009 and is based in London, Kentucky.

Industry

Oil & Gas Exploration & Production

IPO Date

2012-08-03

Stock Exchange

OTC

Ticker

PSSS

The Current Ratio as of December 2025 (TTM) for Puissant Industries, Inc. (PSSS) is 0.02

According to Puissant Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -97.81% compared to the average of 0.73 of the last 4 quarters.

Puissant Industries, Inc. (PSSS) Historical Current Ratio (quarterly & annually)

How has PSSS Current Ratio performed in the past?

The mean historical Current Ratio of Puissant Industries, Inc. over the last ten years is 1.30. The current 0.02 Current Ratio has changed 23.38% with respect to the historical average. Over the past ten years (40 quarters), PSSS's Current Ratio was at its highest in in the December 2011 quarter at 10.24. The Current Ratio was at its lowest in in the March 2011 quarter at 0.

Quarterly (TTM)
Annual

Average

1.30

Median

0.73

Minimum

0

Maximum

3.81

Puissant Industries, Inc. (PSSS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Puissant Industries, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 3.81

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.02-97.77%
20220.72-0.87%
20210.73-0.02%
20200.73436.05%
20190.14-90.18%
20181.38-63.81%
20173.8126.14%
20163.0221.61%
20152.48Infinity%
20140-100.00%

Puissant Industries, Inc. (PSSS) Average Current Ratio

How has PSSS Current Ratio performed in the past?

The current Current Ratio of Puissant Industries, Inc. (PSSS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.49

5-year avg

0.46

10-year avg

1.30

Puissant Industries, Inc. (PSSS) Current Ratio vs. Peers

How is PSSS’s Current Ratio compared to its peers?

Puissant Industries, Inc.’s Current Ratio is less than Escalera Resources Co. (0.27), less than Terrace Energy Corp. (9.26), less than Petro River Oil Corp. (1.12), less than Cross Border Resources, Inc. (1.23), less than Cheetah Oil & Gas, Ltd. (0.12), greater than Supernova Energy, Inc. (0.01), less than Patriot Energy Corporation (0), less than True North Energy Corp. (0.37), less than FieldPoint Petroleum Corporation (0.27), less than West Canyon Energy Corp. (0.02),

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