SolarBank Corporation Common Stock (SUUN) - Net Assets
Based on the latest financial reports, SolarBank Corporation Common Stock (SUUN) has net assets worth $26.75 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($132.71 Million) and total liabilities ($105.96 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SolarBank Corporation Common Stock asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $26.75 Million |
| % of Total Assets | 20.16% |
| Annual Growth Rate | 34.99% |
| 5-Year Change | 344.98% |
| 10-Year Change | N/A |
| Growth Volatility | 108.02 |
SolarBank Corporation Common Stock - Net Assets Trend (2020–2025)
This chart illustrates how SolarBank Corporation Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore SolarBank Corporation Common Stock assets under control for the complete picture of this company's asset base.
Annual Net Assets for SolarBank Corporation Common Stock (2020–2025)
The table below shows the annual net assets of SolarBank Corporation Common Stock from 2020 to 2025. For live valuation and market cap data, see SUUN market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $19.76 Million | +5.53% |
| 2024-12-31 | $18.72 Million | 0.00% |
| 2023-12-31 | $18.72 Million | +12.59% |
| 2022-12-31 | $16.63 Million | +274.52% |
| 2021-12-31 | $4.44 Million | +0.71% |
| 2020-12-31 | $4.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SolarBank Corporation Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 703.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $45.28 Million | 235.36% |
| Other Comprehensive Income | $-242.00K | -1.26% |
| Other Components | $1.95 Million | 10.14% |
| Total Equity | $19.24 Million | 100.00% |
SolarBank Corporation Common Stock Competitors by Market Cap
The table below lists competitors of SolarBank Corporation Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HarbourVest Global Private Equity Ltd
LSE:HVPE
|
$28.68 Million |
|
Antilles Gold Ltd
AU:AAU
|
$28.68 Million |
|
Turism Hotelur
RO:EFO
|
$28.69 Million |
|
Baylin Technologies Inc
TO:BYL
|
$28.71 Million |
|
RMG Acquisition Corp. III
NASDAQ:RMGCF
|
$28.63 Million |
|
SHH Resources Holdings Bhd
KLSE:7412
|
$28.62 Million |
|
GFM Services Bhd
KLSE:0039
|
$28.60 Million |
|
DIAMINES AND CHEMICALS ORD (BSE)
NSE:DIAMINESQ
|
$28.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SolarBank Corporation Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,363,368 to 19,241,000, a change of 2,877,632 (17.6%).
- Net loss of 31,040,000 reduced equity.
- Other comprehensive income decreased equity by 341,680.
- Other factors increased equity by 34,259,312.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-31.04 Million | -161.32% |
| Other Comprehensive Income | $-341.68K | -1.78% |
| Other Changes | $34.26 Million | +178.05% |
| Total Change | $- | 17.59% |
Book Value vs Market Value Analysis
This analysis compares SolarBank Corporation Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.21x to 1.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.28 | $0.62 | x |
| 2021-12-31 | $0.17 | $0.62 | x |
| 2022-12-31 | $0.61 | $0.62 | x |
| 2023-12-31 | $0.60 | $0.62 | x |
| 2024-12-31 | $0.61 | $0.62 | x |
| 2025-12-31 | $0.60 | $0.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SolarBank Corporation Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -161.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -74.74%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 7.19x
- Recent ROE (-161.32%) is below the historical average (-23.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -2.96% | -1.80% | 0.71x | 2.31x | $-577.43K |
| 2021 | 49.95% | 12.19% | 2.00x | 2.05x | $1.79 Million |
| 2022 | 13.68% | 12.19% | 0.74x | 1.52x | $602.71K |
| 2023 | -21.23% | -5.95% | 1.49x | 2.40x | $-5.11 Million |
| 2024 | -21.23% | -5.95% | 1.49x | 2.40x | $-5.11 Million |
| 2025 | -161.32% | -74.74% | 0.30x | 7.19x | $-32.96 Million |
Industry Comparison
This section compares SolarBank Corporation Common Stock's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $25,674,018,617
- Average return on equity (ROE) among peers: -155.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SolarBank Corporation Common Stock (SUUN) | $26.75 Million | -2.96% | 3.96x | $28.64 Million |
| AXIA Energia (AXIA) | $68.07 Billion | -10.48% | 1.10x | $24.60 Billion |
| Brookfield Renewable Corp (BEPC) | $17.87 Billion | 1.22% | 1.00x | $5.10 Billion |
| Bimergen Energy Corporation (BESS) | $199.33K | -407.19% | 0.06x | $17.68 Million |
| Smart Powerr Corp (CREG) | $32.44 Million | -6.84% | 0.39x | $1.61 Million |
| Clearway Energy Inc Class C (CWEN) | $2.26 Billion | -0.49% | 3.39x | $3.48 Billion |
| Clearway Energy Inc (CWEN-A) | $1.89 Billion | 0.85% | 2.69x | $1.40 Billion |
| Centrais Electricas Brasileiras SA (EBR) | $44.06 Billion | 7.28% | 2.93x | $18.99 Billion |
| Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) | $122.00 Billion | 8.51% | 1.38x | $2.77 Billion |
| Fluence Energy Inc (FLNC) | $548.85 Million | -8.80% | 3.29x | $1.61 Billion |
| Fusion Fuel Green PLC (HTOO) | $2.73 Million | -1135.70% | 14.51x | $5.73 Million |
About SolarBank Corporation Common Stock
PowerBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. The company operates through Development & EPC, IPP Production and Other segments. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects, grid connected solar PV electricity… Read more