Solar Alliance Energy Inc (SOLR) - Net Assets
Based on the latest financial reports, Solar Alliance Energy Inc (SOLR) has net assets worth CA$-4.27 Million CAD (≈ $-3.09 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$866.77K ≈ $627.01K USD) and total liabilities (CA$5.13 Million ≈ $3.71 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read SOLR total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-4.27 Million |
| % of Total Assets | -492.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -2274.6% |
| Growth Volatility | 3346.95 |
Solar Alliance Energy Inc - Net Assets Trend (2005–2024)
This chart illustrates how Solar Alliance Energy Inc's net assets have evolved over time, based on quarterly financial data. Also explore SOLR total assets for the complete picture of this company's asset base.
Annual Net Assets for Solar Alliance Energy Inc (2005–2024)
The table below shows the annual net assets of Solar Alliance Energy Inc from 2005 to 2024. For live valuation and market cap data, see market cap of Solar Alliance Energy Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-2.79 Million ≈ $-2.02 Million |
+0.91% |
| 2023-12-31 | CA$-2.81 Million ≈ $-2.04 Million |
-95.53% |
| 2022-12-31 | CA$-1.44 Million ≈ $-1.04 Million |
-259.15% |
| 2021-12-31 | CA$904.30K ≈ $654.16K |
+115.73% |
| 2020-12-31 | CA$-5.75 Million ≈ $-4.16 Million |
-8.78% |
| 2019-12-31 | CA$-5.29 Million ≈ $-3.82 Million |
+28.16% |
| 2018-12-31 | CA$-7.36 Million ≈ $-5.32 Million |
-54.61% |
| 2017-12-31 | CA$-4.76 Million ≈ $-3.44 Million |
-110.85% |
| 2016-12-31 | CA$-2.26 Million ≈ $-1.63 Million |
-1860.05% |
| 2015-12-31 | CA$128.23K ≈ $92.76K |
+102.11% |
| 2014-12-31 | CA$-6.09 Million ≈ $-4.40 Million |
+68.93% |
| 2013-12-31 | CA$-19.59 Million ≈ $-14.17 Million |
-97.16% |
| 2012-12-31 | CA$-9.94 Million ≈ $-7.19 Million |
-1990.62% |
| 2011-12-31 | CA$525.49K ≈ $380.13K |
+207.90% |
| 2010-12-31 | CA$-487.01K ≈ $-352.30K |
+91.20% |
| 2009-12-31 | CA$-5.54 Million ≈ $-4.00 Million |
-23.09% |
| 2008-12-31 | CA$-4.50 Million ≈ $-3.25 Million |
-10907.56% |
| 2007-12-31 | CA$-40.85K ≈ $-29.55K |
-100.53% |
| 2006-12-31 | CA$7.64 Million ≈ $5.53 Million |
+7082.40% |
| 2005-12-31 | CA$106.43K ≈ $76.99K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Solar Alliance 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 6951121700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$66.77 Million | % |
| Total Equity | CA$-2.79 Million | 100.00% |
Solar Alliance Energy Inc Competitors by Market Cap
The table below lists competitors of Solar Alliance Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MACDONALD MNS EXPL. A
F:3M7
|
$2.14 Million |
|
Oryx International Growth Fund
LSE:OIG
|
$2.14 Million |
|
Moab Minerals Ltd
AU:MOM
|
$2.14 Million |
|
British Smaller Companies Vct 2 Plc
LSE:BSC
|
$2.14 Million |
|
CAP-EX IRON ORE
F:X0V
|
$2.13 Million |
|
Crest Nicholson Holdings plc
LSE:CRST
|
$2.12 Million |
|
METCH INTL LTD. SD -25
F:VZ3P
|
$2.12 Million |
|
NEVADA SUNRISE METALS
F:K4L
|
$2.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solar Alliance Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,814,061 to -2,788,506, a change of 25,555.
- Net loss of 684,134 reduced equity.
- New share issuances of 745,000 increased equity.
- Other factors decreased equity by 35,311.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-684.13K | -24.53% |
| Share Issuances | CA$745.00K | +26.72% |
| Other Changes | CA$-35.31K | -1.27% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Solar Alliance 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$0.53 | CA$0.01 | x |
| 2006-12-31 | CA$0.83 | CA$0.01 | x |
| 2007-12-31 | CA$0.00 | CA$0.01 | x |
| 2008-12-31 | CA$-0.22 | CA$0.01 | x |
| 2009-12-31 | CA$-0.23 | CA$0.01 | x |
| 2010-12-31 | CA$-0.02 | CA$0.01 | x |
| 2011-12-31 | CA$0.02 | CA$0.01 | x |
| 2012-12-31 | CA$-0.27 | CA$0.01 | x |
| 2013-12-31 | CA$-0.49 | CA$0.01 | x |
| 2014-12-31 | CA$-0.15 | CA$0.01 | x |
| 2015-12-31 | CA$0.00 | CA$0.01 | x |
| 2016-12-31 | CA$-0.04 | CA$0.01 | x |
| 2017-12-31 | CA$-0.06 | CA$0.01 | x |
| 2018-12-31 | CA$-0.08 | CA$0.01 | x |
| 2019-12-31 | CA$-0.03 | CA$0.01 | x |
| 2020-12-31 | CA$-0.03 | CA$0.01 | x |
| 2021-12-31 | CA$0.00 | CA$0.01 | x |
| 2022-12-31 | CA$-0.01 | CA$0.01 | x |
| 2023-12-31 | CA$-0.01 | CA$0.01 | x |
| 2024-12-31 | CA$-0.01 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solar Alliance Energy Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.56%
- • Asset Turnover: 5.47x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (175.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -40.93% | 0.00% | 0.00x | 1.08x | CA$-54.21K |
| 2006 | -91.92% | 0.00% | 0.00x | 1.28x | CA$-7.79 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-20.05 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-8.68 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.78 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | CA$1.45 Million |
| 2011 | -616.75% | 0.00% | 0.00x | 28.16x | CA$-3.29 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-10.30 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-7.98 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$13.91 Million |
| 2015 | 4303.19% | 343.90% | 0.16x | 79.64x | CA$5.51 Million |
| 2016 | 0.00% | -53.74% | 1.67x | 0.00x | CA$-2.96 Million |
| 2017 | 0.00% | -162.45% | 2.00x | 0.00x | CA$-7.00 Million |
| 2018 | 0.00% | -117.79% | 2.14x | 0.00x | CA$-1.60 Million |
| 2019 | 0.00% | -125.44% | 1.63x | 0.00x | CA$-2.24 Million |
| 2020 | 0.00% | -39.15% | 6.02x | 0.00x | CA$-795.47K |
| 2021 | -49.64% | -12.24% | 1.20x | 3.38x | CA$-539.29K |
| 2022 | 0.00% | -56.92% | 1.30x | 0.00x | CA$-2.60 Million |
| 2023 | 0.00% | -24.24% | 4.48x | 0.00x | CA$-1.53 Million |
| 2024 | 0.00% | -12.56% | 5.47x | 0.00x | CA$-405.28K |
Industry Comparison
This section compares Solar Alliance Energy Inc's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $1,188,671
- Average return on equity (ROE) among peers: -208.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solar Alliance Energy Inc (SOLR) | CA$-4.27 Million | -40.93% | N/A | $2.14 Million |
| Aurora Solar Technologies Inc (ACU) | $432.30K | 0.00% | 0.37x | $1.11 Million |
| Clear Blue Technologies International Inc (CBLU) | $1.95 Million | -416.37% | 1.31x | $3.12 Million |
About Solar Alliance Energy Inc
Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions in Canada. The company operates through Solar EPC and Solar Generation segments. It primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations. The company also offers commercial generator; utility/community solar;… Read more