Sunworks Inc Net Asset Quality Index
Sunworks Inc net asset quality index. Sunworks Inc (SUNWQ) has a Net Asset Quality Index of 32.0% as of September 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $67.50 Million minus total liabilities of $45.89 Million yields net assets of $21.61 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Sunworks Inc net assets for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Sunworks Inc (2016–2022)
Net asset quality index of Sunworks Inc from 2016 to 2022. This chart shows how Sunworks Inc's Net Asset Quality Index has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the index stands at 32.0%, representing net assets of $21.61 Million against total assets of $67.50 Million USD. Check Sunworks Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Sunworks Inc Net Asset Quality Index by Year (2016–2022)
Sunworks Inc net asset quality index by year from 2016 to 2022. The table below presents the year-by-year Net Asset Quality Index for Sunworks Inc from 2016 to 2022, covering 7 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 live market cap and overall valuation, see Sunworks Inc stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 53.3% | $63.94 Million | $119.94 Million | $56.00 Million | ▼ -18.9 pp |
| 2021 | 72.2% | $72.77 Million | $100.81 Million | $28.05 Million | ▲ +7.1 pp |
| 2020 | 65.1% | $34.06 Million | $52.34 Million | $18.29 Million | ▲ +37.7 pp |
| 2019 | 27.4% | $8.44 Million | $30.80 Million | $22.36 Million | ▼ -3.6 pp |
| 2018 | 31.0% | $10.00 Million | $32.20 Million | $22.20 Million | ▼ -7.0 pp |
| 2017 | 38.1% | $15.66 Million | $41.15 Million | $25.49 Million | ▼ -12.8 pp |
| 2016 | 50.9% | $21.20 Million | $41.68 Million | $20.48 Million | — |