Sunworks Inc (SUNWQ) — 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. Check Sunworks Inc (SUNWQ) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Sunworks Inc Net Asset Quality Index Over Time (2016–2022)
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. See Sunworks Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Sunworks Inc (2016–2022)
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 market capitalisation and the full company profile, see how much is Sunworks Inc worth.
| 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 | — |