Ocean Thermal Energy Corp

Distressed nano-cap with near-zero liquidity, deeply negative margins and going-concern-level distress.

Strengths

• Reported net loss narrowed year over year
• Gross margin remains modestly positive (19.5%)

Risks

• Current/quick ratio 0.013 (5th pct) — effectively no liquidity to meet obligations
• Net margin -2,299% and ROA -47% with negative interest coverage; positive ROE is a negative-equity artifact, not profitability

Notable findings

• No interest coverageInterest coverage -0.06 (cannot cover interest)
• Net lossNet loss (net margin -2299.3%)
• Weak liquidityCurrent ratio 0.01 (<1)
• Revenue declineRevenue -74.5% YoY