iSun, Inc.
iSun, Inc., a solar energy services and infrastructure deployment company, provides design, development, engineering, procurement, installation, storage, and electric vehicle infrastructure services for residential, commercial, industrial, and utility customers in the United States. It provides operation, maintenance, and solar; electrical contracting; and data and communication services. The com… Read more
iSun, Inc. (ISUNQ) - Total Assets
Latest total assets as of March 2024: $66.70 Million USD
Based on the latest financial reports, iSun, Inc. (ISUNQ) holds total assets worth $66.70 Million USD as of March 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
iSun, Inc. - Total Assets Trend (2014–2023)
This chart illustrates how iSun, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
iSun, Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
iSun, Inc.'s total assets of $66.70 Million consist of 47.2% current assets and 52.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.2% |
| Accounts Receivable | $25.55 Million | 38.3% |
| Inventory | $1.49 Million | 2.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $12.44 Million | 18.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how iSun, Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: iSun, Inc.'s current assets represent 47.2% of total assets in 2023, an increase from 12.6% in 2014.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2023, down from 12.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 38.3% of total assets.
iSun, Inc. Competitors by Total Assets
Key competitors of iSun, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
iSun, Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - iSun, Inc. generates 1.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - iSun, Inc. is currently not profitable relative to its asset base.
iSun, Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.89 | 0.82 | 0.03 |
| Quick Ratio | 0.85 | 0.74 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.88 Million | $ -6.00 Million | $ -3.71 Million |
iSun, Inc. - Advanced Valuation Insights
This section examines the relationship between iSun, Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | $66.70 Million |
| Market Capitalization | $47.00 USD |
Valuation Analysis
Below Book Valuation: The market values iSun, Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: iSun, Inc.'s assets decreased by 1.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for iSun, Inc. (2014–2023)
The table below shows the annual total assets of iSun, Inc. from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $66.70 Million | -1.16% |
| 2022-12-31 | $67.48 Million | -34.94% |
| 2021-12-31 | $103.73 Million | +428.60% |
| 2020-12-31 | $19.62 Million | +25.21% |
| 2019-12-31 | $15.67 Million | +92.28% |
| 2018-12-31 | $8.15 Million | -80.15% |
| 2017-12-31 | $41.06 Million | +1.43% |
| 2016-12-31 | $40.48 Million | +15269.16% |
| 2015-12-31 | $263.40K | +207.03% |
| 2014-12-31 | $85.79K | -- |