Premier Power Renewable Energy Inc
Premier Power Renewable Energy, Inc. engages in the design, development, and integration of solar energy systems. The company provides removal and installation of panels; financing options, including Power Purchase Agreements (PPAs) for new home builders; and additional panels services. It also offers ongoing maintenance and operation services for solar systems, including troubleshooting, inverte… Read more
Premier Power Renewable Energy Inc (PPRW) - Net Assets
Latest net assets as of September 2012: $1.53 Million USD
Based on the latest financial reports, Premier Power Renewable Energy Inc (PPRW) has net assets worth $1.53 Million USD as of September 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.70 Million) and total liabilities ($30.18 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.53 Million |
| % of Total Assets | 4.82% |
| Annual Growth Rate | 296.72% |
| 5-Year Change | 1088.56% |
| 10-Year Change | N/A |
| Growth Volatility | 3185.06 |
Premier Power Renewable Energy Inc - Net Assets Trend (2006–2011)
This chart illustrates how Premier Power Renewable Energy Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Premier Power Renewable Energy Inc (2006–2011)
The table below shows the annual net assets of Premier Power Renewable Energy Inc from 2006 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $8.50 Million | -25.71% |
| 2010-12-31 | $11.44 Million | -5.89% |
| 2009-12-31 | $12.16 Million | +54.43% |
| 2008-12-31 | $7.87 Million | +1000.88% |
| 2007-12-31 | $715.15K | +8160.01% |
| 2006-12-31 | $8.66K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Premier Power Renewable Energy Inc'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 1287251900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | 0.04% |
| Other Comprehensive Income | $-1.70 Million | -19.99% |
| Other Components | $23.66 Million | 278.32% |
| Total Equity | $8.50 Million | 100.00% |
Premier Power Renewable Energy Inc Competitors by Market Cap
The table below lists competitors of Premier Power Renewable Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dewmar Intl Bmc Inc
PINK:DEWM
|
$0.94 |
|
USA Recycling Industries Inc
PINK:USRI
|
$0.94 |
|
Liberty International Holding Corp
PINK:PDPG
|
$0.94 |
|
RBC Life Sciences Inc
PINK:RBCL
|
$0.94 |
|
St Elmo Silver Mines Corp
PINK:STLM
|
$0.94 |
|
Ember Therapeutics Inc
PINK:EMBT
|
$0.94 |
|
Carefree Group Inc
PINK:CRFU
|
$0.94 |
|
LOUD Technologies Inc
PINK:LTEC
|
$0.94 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Premier Power Renewable Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 11,442,000 to 8,500,000, a change of -2,942,000 (-25.7%).
- Net loss of 7,264,000 reduced equity.
- Share repurchases of 632,777 reduced equity.
- Other comprehensive income decreased equity by 333,000.
- Other factors increased equity by 5,287,777.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.26 Million | -85.46% |
| Share Repurchases | $632.78K | -7.44% |
| Other Comprehensive Income | $-333.00K | -3.92% |
| Other Changes | $5.29 Million | +62.21% |
| Total Change | $- | -25.71% |
Book Value vs Market Value Analysis
This analysis compares Premier Power Renewable Energy Inc'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.01 | $0.00 | x |
| 2007-12-31 | $0.03 | $0.00 | x |
| 2008-12-31 | $0.33 | $0.00 | x |
| 2009-12-31 | $0.39 | $0.00 | x |
| 2010-12-31 | $0.43 | $0.00 | x |
| 2011-12-31 | $0.30 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Premier Power Renewable Energy Inc 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): -85.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.35%
- • Asset Turnover: 2.20x
- • Equity Multiplier: 3.75x
- Recent ROE (-85.46%) is above the historical average (-797.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -4710.20% | -696.61% | 1.53x | 4.42x | $-408.67K |
| 2007 | -19.08% | -442.36% | 0.01x | 7.82x | $-207.47K |
| 2008 | 7.23% | 1.29% | 2.99x | 1.88x | $-218.30K |
| 2009 | 29.36% | 11.61% | 0.71x | 3.55x | $2.35 Million |
| 2010 | -6.26% | -0.83% | 1.78x | 4.27x | $-1.86 Million |
| 2011 | -85.46% | -10.35% | 2.20x | 3.75x | $-8.11 Million |
Industry Comparison
This section compares Premier Power Renewable Energy Inc's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $424,642,617
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Premier Power Renewable Energy Inc (PPRW) | $1.53 Million | -4710.20% | 19.75x | $0.94 |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| Clear Blue Technologies International Inc (CBUTF) | $-215.24K | 0.00% | 0.00x | $834.08K |
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $924.23K | 64.84% | 0.83x | $2.91K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |