SunPower Corporation (SPWRQ) — Net Asset Quality Index
SunPower Corporation (SPWRQ) has a Net Asset Quality Index of 29.3% as of September 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.45 Billion minus total liabilities of $1.02 Billion yields net assets of $423.54 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check SunPower Corporation liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
SunPower Corporation Net Asset Quality Index Over Time (2019–2022)
This chart shows how SunPower Corporation's Net Asset Quality Index has evolved across 4 annual periods from 2019 to 2022. As of September 2023, the index stands at 29.3%, representing net assets of $423.54 Million against total assets of $1.45 Billion USD. See SPWRQ current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for SunPower Corporation (2019–2022)
The table below presents the year-by-year Net Asset Quality Index for SunPower Corporation from 2019 to 2022, covering 4 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see SPWRQ company net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 31.5% | $556.04 Million | $1.76 Billion | $1.21 Billion | ▲ +6.9 pp |
| 2021 | 24.6% | $383.60 Million | $1.56 Billion | $1.18 Billion | ▼ -0.1 pp |
| 2020 | 24.7% | $406.49 Million | $1.65 Billion | $1.24 Billion | ▲ +23.7 pp |
| 2019 | 1.0% | $21.50 Million | $2.17 Billion | $2.15 Billion | — |