Sunnova Energy International Inc.
Sunnova Energy International Inc. provides solar energy services in the United States. The company offers electricity; non-solar financing and loan programs; and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and solar energy system and energy storage system diagnostics services. As of December 31, 2024, it operated a fleet of residential solar … Read more
Sunnova Energy International Inc. (NOVA) - Total Assets
Latest total assets as of March 2025: $13.35 Billion USD
Based on the latest financial reports, Sunnova Energy International Inc. (NOVA) holds total assets worth $13.35 Billion USD as of March 2025.
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.
Sunnova Energy International Inc. - Total Assets Trend (2017–2024)
This chart illustrates how Sunnova Energy International Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sunnova Energy International Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Sunnova Energy International Inc.'s total assets of $13.35 Billion consist of 7.7% current assets and 92.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $565.69 Million | 4.2% |
| Inventory | $126.69 Million | 1.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $105.21 Million | 0.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Sunnova Energy International 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: Sunnova Energy International Inc.'s current assets represent 7.7% of total assets in 2024, an increase from 6.1% in 2017.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2024, down from 4.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 4.2% of total assets.
Sunnova Energy International Inc. Competitors by Total Assets
Key competitors of Sunnova Energy International Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ennogie Solar Group A/S
CO:ESG
|
Denmark | Dkr54.33 Million |
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 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 |
Sunnova Energy International 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
Lower asset utilization - Sunnova Energy International Inc. generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sunnova Energy International Inc. is currently not profitable relative to its asset base.
Sunnova Energy International 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 | 0.78 | 0.74 | 1.51 |
| Quick Ratio | 0.78 | 0.62 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-296.25 Million | $ -285.02 Million | $ 97.04 Million |
Sunnova Energy International Inc. - Advanced Valuation Insights
This section examines the relationship between Sunnova Energy International 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 17.7% |
| Total Assets | $13.35 Billion |
| Market Capitalization | $9.83 USD |
Valuation Analysis
Below Book Valuation: The market values Sunnova Energy International Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sunnova Energy International Inc.'s assets grew by 17.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sunnova Energy International Inc. (2017–2024)
The table below shows the annual total assets of Sunnova Energy International Inc. from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.35 Billion | +17.75% |
| 2023-12-31 | $11.34 Billion | +36.03% |
| 2022-12-31 | $8.34 Billion | +51.46% |
| 2021-12-31 | $5.50 Billion | +53.42% |
| 2020-12-31 | $3.59 Billion | +44.25% |
| 2019-12-31 | $2.49 Billion | +49.37% |
| 2018-12-31 | $1.67 Billion | +25.31% |
| 2017-12-31 | $1.33 Billion | -- |