Solar Alliance Energy Inc (SOLR) — Tangible Net Worth Ratio
Solar Alliance Energy Inc (SOLR) has a Tangible Net Worth Ratio of 68.4% as of March 2022. This metric is calculated by deducting intangible assets (CA$106.24K) from net assets (CA$336.52K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Solar Alliance Energy Inc net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Solar Alliance Energy Inc Tangible Net Worth Ratio (2005–2021)
This chart shows how Solar Alliance Energy Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2005 to 2021. As of March 2022, the ratio stands at 68.4%, reflecting net assets of CA$336.52K with intangible assets of CA$106.24K CAD. For live market cap and overall valuation, see how much is Solar Alliance Energy Inc worth.
Annual Tangible Net Worth Ratio for Solar Alliance Energy Inc (2005–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Solar Alliance Energy Inc from 2005 to 2021, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore reinvestment intensity of Solar Alliance Energy Inc to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 91.8% | CA$904.30K | CA$73.72K | CA$3.06 Million | ▼ -8.2 pp |
| 2015 | 100.0% | CA$128.23K | CA$0.00 | CA$10.21 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$525.49K | CA$0.00 | CA$14.80 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$7.64 Million | CA$0.00 | CA$9.78 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$106.43K | CA$0.00 | CA$114.83K | — |