SunPower Corporation
SunPower Corporation, a solar technology and energy services provider, offers solar, storage, and home energy solutions primarily in the United States and Canada. Its solutions include the Equinox and SunVault systems which are pre-engineered modular solutions for residential applications that combine solar module technology with integrated plug-and-play power stations, cable management systems, … Read more
SunPower Corporation (SPWRQ) - Total Assets
Latest total assets as of September 2023: $1.45 Billion USD
Based on the latest financial reports, SunPower Corporation (SPWRQ) holds total assets worth $1.45 Billion USD as of September 2023.
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.
SunPower Corporation - Total Assets Trend (2019–2022)
This chart illustrates how SunPower Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SunPower Corporation - Asset Composition Analysis
Current Asset Composition (December 2022)
SunPower Corporation's total assets of $1.45 Billion consist of 71.0% current assets and 29.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.4% |
| Accounts Receivable | $169.67 Million | 9.6% |
| Inventory | $295.73 Million | 16.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $24.19 Million | 1.4% |
| Goodwill | $126.00 Million | 7.1% |
Asset Composition Trend (2019–2022)
This chart illustrates how SunPower Corporation'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: SunPower Corporation's current assets represent 71.0% of total assets in 2022, an increase from 63.6% in 2019.
- Cash Position: Cash and equivalents constituted 21.4% of total assets in 2022, up from 13.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 16.8% of total assets.
SunPower Corporation Competitors by Total Assets
Key competitors of SunPower Corporation 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 |
SunPower Corporation - 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 - SunPower Corporation generates 0.99x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, SunPower Corporation generates $ 2.43 in net profit.
SunPower Corporation - 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 | 1.07 | 1.19 | 1.19 |
| Quick Ratio | 0.70 | 0.91 | 0.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $61.20 Million | $ 200.88 Million | $ 200.88 Million |
SunPower Corporation - Advanced Valuation Insights
This section examines the relationship between SunPower Corporation'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) | 13.1% |
| Total Assets | $1.76 Billion |
| Market Capitalization | $4.31K USD |
Valuation Analysis
Below Book Valuation: The market values SunPower Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: SunPower Corporation's assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SunPower Corporation (2019–2022)
The table below shows the annual total assets of SunPower Corporation from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $1.76 Billion | +13.10% |
| 2021-12-31 | $1.56 Billion | -5.29% |
| 2020-12-31 | $1.65 Billion | -24.19% |
| 2019-12-31 | $2.17 Billion | -- |