Premier Power Renewable Energy Inc
Premier Power Renewable Energy, Inc. engages in the design, development, and integration of solar energy systems. The company provides removal and installation of panels; financing options, including Power Purchase Agreements (PPAs) for new home builders; and additional panels services. It also offers ongoing maintenance and operation services for solar systems, including troubleshooting, inverte… Read more
Premier Power Renewable Energy Inc (PPRW) - Total Assets
Latest total assets as of September 2012: $31.70 Million USD
Based on the latest financial reports, Premier Power Renewable Energy Inc (PPRW) holds total assets worth $31.70 Million USD as of September 2012.
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.
Premier Power Renewable Energy Inc - Total Assets Trend (2006–2011)
This chart illustrates how Premier Power Renewable Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Premier Power Renewable Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2011)
Premier Power Renewable Energy Inc's total assets of $31.70 Million consist of 60.0% current assets and 40.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.8% |
| Accounts Receivable | $11.00 Million | 34.5% |
| Inventory | $2.09 Million | 6.6% |
| Property, Plant & Equipment | $319.00K | 1.0% |
| Intangible Assets | $728.00K | 2.3% |
| Goodwill | $11.12 Million | 34.9% |
Asset Composition Trend (2006–2011)
This chart illustrates how Premier Power Renewable Energy 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: Premier Power Renewable Energy Inc's current assets represent 60.0% of total assets in 2011, a decrease from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted 3.8% of total assets in 2011, down from 100.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 36.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is goodwill at 34.9% of total assets.
Premier Power Renewable Energy Inc Competitors by Total Assets
Key competitors of Premier Power Renewable Energy 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 |
Premier Power Renewable Energy 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 - Premier Power Renewable Energy Inc generates 2.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Premier Power Renewable Energy Inc is currently not profitable relative to its asset base.
Premier Power Renewable Energy 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 | 0.85 | 1.01 | 1.12 |
| Quick Ratio | 0.78 | 0.76 | 0.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.21 Million | $ 237.00K | $ 584.21K |
Premier Power Renewable Energy Inc - Advanced Valuation Insights
This section examines the relationship between Premier Power Renewable Energy 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 | 0.40 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -34.7% |
| Total Assets | $31.88 Million |
| Market Capitalization | $0.94 USD |
Valuation Analysis
Below Book Valuation: The market values Premier Power Renewable Energy Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Premier Power Renewable Energy Inc's assets decreased by 34.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Premier Power Renewable Energy Inc (2006–2011)
The table below shows the annual total assets of Premier Power Renewable Energy Inc from 2006 to 2011.
| Year | Total Assets | Change |
|---|---|---|
| 2011-12-31 | $31.88 Million | -34.74% |
| 2010-12-31 | $48.85 Million | +13.12% |
| 2009-12-31 | $43.18 Million | +191.50% |
| 2008-12-31 | $14.81 Million | +165.56% |
| 2007-12-31 | $5.58 Million | +14459.89% |
| 2006-12-31 | $38.31K | -- |