Sunnova Energy International Inc.
Sunnova Energy International Inc. provides solar energy services in the United States. The company offers electricity; non-solar financing and loan programs; and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and solar energy system and energy storage system diagnostics services. As of December 31, 2024, it operated a fleet of residential solar … Read more
Sunnova Energy International Inc. - Asset Resilience Ratio
Sunnova Energy International Inc. (NOVA) has an Asset Resilience Ratio of 32.00% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2022)
This chart shows how Sunnova Energy International Inc.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Sunnova Energy International Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $4.12 Billion | 32.0% |
| Total Liquid Assets | $4.12 Billion | 32.00% |
Asset Resilience Insights
- Very High Liquidity: Sunnova Energy International Inc. maintains exceptional liquid asset reserves at 32.00% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Sunnova Energy International Inc. Industry Peers by Asset Resilience Ratio
Compare Sunnova Energy International Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218 |
Solar | 4.81% |
|
JA Solar Technology Co Ltd
SHE:002459 |
Solar | 1.13% |
|
GCL System Integration Technology Co Ltd
SHE:002506 |
Solar | 0.52% |
|
Changzhou Almaden Co Ltd
SHE:002623 |
Solar | 16.81% |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865 |
Solar | 10.68% |
|
Hanwha Solutions
KO:009830 |
Solar | 0.58% |
|
Hanwha Chemical Corp Pref
KO:009835 |
Solar | 0.58% |
|
Trive Property Group Bhd
KLSE:0118 |
Solar | 12.54% |
Annual Asset Resilience Ratio for Sunnova Energy International Inc. (2021–2022)
The table below shows the annual Asset Resilience Ratio data for Sunnova Energy International Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 0.09% | $7.11 Million | $8.34 Billion | -0.04pp |
| 2021-12-31 | 0.12% | $6.79 Million | $5.50 Billion | -- |