@Dylan: I agree, it is no wonder that we hear PV companies shuttering one after another. I would have expected the equipment companies to do slightly better but the link you cite above shows them not meeting the ratio of 1.0 any time soon!
This is not good. Not surprisingly, the market for PV manufacturing equipment is also not looking so hot. Here is an excerpt from a report released Tuesday by the semiconductor and PV manufacturing equipment trade group SEMI:
"Worldwide photovoltaic manufacturing equipment billings declined for the third consecutive quarter, falling another 20 percent for the quarter and 60 percent from the same quarter last year, according to the SEMI Worldwide Photovoltaic Equipment Market Statistics Report for Q1 2012. The reported total quarterly billings of $695 million declined to the lowest level since the start of the data collection program in Q1 2010."
See the full report here: