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. See Solar Alliance Energy Inc (SOLR) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. See Solar Alliance Energy Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see SOLR stock market capitalisation.
| 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 | — |