SolarBank Corporation Common Stock
SolarBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, … Read more
SolarBank Corporation Common Stock (SUUN) - Total Assets
Latest total assets as of March 2025: $193.97 Million USD
Based on the latest financial reports, SolarBank Corporation Common Stock (SUUN) holds total assets worth $193.97 Million 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.
SolarBank Corporation Common Stock - Total Assets Trend (2021–2023)
This chart illustrates how SolarBank Corporation Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SolarBank Corporation Common Stock - Asset Composition Analysis
Current Asset Composition (December 2023)
SolarBank Corporation Common Stock's total assets of $193.97 Million consist of 44.9% current assets and 55.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.4% |
| Accounts Receivable | $966.15K | 2.5% |
| Inventory | $6.53 Million | 16.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $10.91 Million | 27.8% |
| Goodwill | $438.76K | 1.1% |
Asset Composition Trend (2021–2023)
This chart illustrates how SolarBank Corporation Common Stock'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: SolarBank Corporation Common Stock's current assets represent 44.9% of total assets in 2023, a decrease from 97.7% in 2021.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2023, up from 10.1% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 27.8% of total assets.
SolarBank Corporation Common Stock Competitors by Total Assets
Key competitors of SolarBank Corporation Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
SolarBank Corporation Common Stock - 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 - SolarBank Corporation Common Stock generates 1.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SolarBank Corporation Common Stock is currently not profitable relative to its asset base.
SolarBank Corporation Common Stock - 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 | 1.13 | 2.15 | 5.83 |
| Quick Ratio | 0.94 | 1.81 | 5.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.21 Million | $ 9.40 Million | $ 18.00 Million |
SolarBank Corporation Common Stock - Advanced Valuation Insights
This section examines the relationship between SolarBank Corporation Common Stock'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 | 1.26 |
| Latest Market Cap to Assets Ratio | 1.22 |
| Asset Growth Rate (YoY) | 57.1% |
| Total Assets | $39.23 Million |
| Market Capitalization | $48.03 Million USD |
Valuation Analysis
Above Book Valuation: The market values SolarBank Corporation Common Stock's assets above their book value (1.22 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: SolarBank Corporation Common Stock's assets grew by 57.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SolarBank Corporation Common Stock (2021–2023)
The table below shows the annual total assets of SolarBank Corporation Common Stock from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $39.23 Million | +57.09% |
| 2022-12-31 | $24.97 Million | +171.57% |
| 2021-12-31 | $9.19 Million | -- |