Principal Solar Inc
Principal Solar, Inc. does not have significant operations. It focuses on renewable energy and natural gas sectors. The company is headquartered in Dallas Texas.
Principal Solar Inc (PSWW) - Total Assets
Latest total assets as of December 2024: $5.54 Million USD
Based on the latest financial reports, Principal Solar Inc (PSWW) holds total assets worth $5.54 Million USD as of December 2024.
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.
Principal Solar Inc - Total Assets Trend (1995–2024)
This chart illustrates how Principal Solar Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Principal Solar Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Principal Solar Inc's total assets of $5.54 Million consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1995–2024)
This chart illustrates how Principal Solar 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: Principal Solar Inc's current assets represent 0.0% of total assets in 2024, a decrease from 90.5% in 1995.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 23.4% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1995.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Principal Solar Inc Competitors by Total Assets
Key competitors of Principal Solar 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 |
Principal Solar 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 - Principal Solar Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Principal Solar Inc is currently not profitable relative to its asset base.
Principal Solar 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 | -0.57 | 0.00 | 0.13 |
| Quick Ratio | -0.57 | 0.00 | 0.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.27 Million | $ -1.74 Million | $ -4.80 Million |
Principal Solar Inc - Advanced Valuation Insights
This section examines the relationship between Principal Solar 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 | 0.68 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | $5.54 Million |
| Market Capitalization | $1.99 USD |
Valuation Analysis
Below Book Valuation: The market values Principal Solar Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Principal Solar Inc's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Principal Solar Inc (1995–2024)
The table below shows the annual total assets of Principal Solar Inc from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.54 Million | +1.47% |
| 2023-12-31 | $5.46 Million | +0.14% |
| 2022-12-31 | $5.45 Million | +16.43% |
| 2021-12-31 | $4.68 Million | +141.54% |
| 2020-12-31 | $1.94 Million | +4.95% |
| 2019-12-31 | $1.85 Million | +239.48% |
| 2018-12-31 | $544.00K | -23.94% |
| 2017-12-31 | $715.22K | -89.38% |
| 2016-12-31 | $6.73 Million | -42.62% |
| 2015-12-31 | $11.73 Million | +45.08% |
| 2014-12-31 | $8.09 Million | +8.81% |
| 2013-12-31 | $7.43 Million | +967.90% |
| 2012-12-31 | $696.13K | -93.80% |
| 2004-12-31 | $11.23 Million | -0.45% |
| 2003-12-31 | $11.28 Million | -20.68% |
| 2002-12-31 | $14.22 Million | -14.09% |
| 2001-12-31 | $16.55 Million | +13.63% |
| 2000-12-31 | $14.57 Million | +110.63% |
| 1999-12-31 | $6.92 Million | +0.97% |
| 1998-12-31 | $6.85 Million | -25.28% |
| 1997-12-31 | $9.17 Million | -36.06% |
| 1996-12-31 | $14.33 Million | +5.43% |
| 1995-12-31 | $13.60 Million | -- |