SunPower Corporation (SPWRQ) - Total Assets
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. Also see SPWRQ stock market capitalisation for the company's overall valuation and market capitalisation.
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. Review SunPower Corporation (SPWRQ) total liabilities to assess the company's total debt and financial obligations.
| 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. See SunPower Corporation (SPWRQ) stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
Tongwei Co Ltd
SHG:600438
|
China | CN¥179.68 Billion |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
China | CN¥16.36 Billion |
|
Zhejiang Xinneng Photovoltaic Technology Co Ltd
SHG:603105
|
China | CN¥4.64 Billion |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
|
Clear Blue Technologies International Inc
V:CBLU
|
Canada | CA$4.74 Million |
|
Solar Alliance Energy Inc
V:SOLR
|
Canada | CA$866.77K |
|
Aurora Solar Technologies Inc
V:ACU
|
Canada | CA$6.24 Million |
|
Trina Solar Co Ltd
SHG:688599
|
China | CN¥116.15 Billion |
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 | $17.55K USD |
Valuation Analysis
Below Book Valuation: The market values SunPower Corporation's assets below their book value (0.00x), 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 | -- |
About 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