Three Sixty Solar Ltd.
Three Sixty Solar Ltd. designs, builds, and installs vertical solar array systems in Canada. It also offers solar towers for commercial projects and utility scale solar farms. The company was founded in 1994 and is headquartered in Vancouver, Canada.
Three Sixty Solar Ltd. (VSOLF) - Total Assets
Latest total assets as of June 2024: $368.66K USD
Based on the latest financial reports, Three Sixty Solar Ltd. (VSOLF) holds total assets worth $368.66K USD as of June 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.
Three Sixty Solar Ltd. - Total Assets Trend (1996–2023)
This chart illustrates how Three Sixty Solar Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Three Sixty Solar Ltd. - Asset Composition Analysis
Current Asset Composition (September 2023)
Three Sixty Solar Ltd.'s total assets of $368.66K consist of 62.8% current assets and 37.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.4% |
| Accounts Receivable | $94.39K | 11.5% |
| 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 (1996–2023)
This chart illustrates how Three Sixty Solar Ltd.'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: Three Sixty Solar Ltd.'s current assets represent 62.8% of total assets in 2023, an increase from 21.3% in 1996.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2023, down from 13.2% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 11.5% of total assets.
Three Sixty Solar Ltd. Competitors by Total Assets
Key competitors of Three Sixty Solar Ltd. 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 |
Three Sixty Solar Ltd. - 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 - Three Sixty Solar Ltd. 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 - Three Sixty Solar Ltd. is currently not profitable relative to its asset base.
Three Sixty Solar Ltd. - 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 | 0.08 | 1.88 | 37.83 |
| Quick Ratio | 0.08 | 1.88 | 37.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.78 Million | $ 965.79K | $ 7.49 Million |
Three Sixty Solar Ltd. - Advanced Valuation Insights
This section examines the relationship between Three Sixty Solar Ltd.'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 | 6.47 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -78.2% |
| Total Assets | $817.71K |
| Market Capitalization | $3.72K USD |
Valuation Analysis
Below Book Valuation: The market values Three Sixty Solar Ltd.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Three Sixty Solar Ltd.'s assets decreased by 78.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Three Sixty Solar Ltd. (1996–2023)
The table below shows the annual total assets of Three Sixty Solar Ltd. from 1996 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $817.71K | -78.21% |
| 2022-09-30 | $3.75 Million | -39.67% |
| 2021-09-30 | $6.22 Million | -19.34% |
| 2020-09-30 | $7.71 Million | 0.00% |
| 2019-09-30 | $7.71 Million | -3.94% |
| 2018-09-30 | $8.03 Million | -26.38% |
| 2017-09-30 | $10.91 Million | +738.78% |
| 2016-09-30 | $1.30 Million | +6450.92% |
| 2015-09-30 | $19.85K | -80.31% |
| 2014-09-30 | $100.83K | -50.05% |
| 2013-09-30 | $201.85K | -62.65% |
| 2012-09-30 | $540.48K | -29.62% |
| 2011-09-30 | $767.91K | +95.42% |
| 2010-09-30 | $392.94K | -54.17% |
| 2009-09-30 | $857.33K | -0.94% |
| 2008-09-30 | $865.42K | +6.33% |
| 2007-09-30 | $813.91K | +1760.88% |
| 2006-09-30 | $43.74K | -35.02% |
| 2005-09-30 | $67.31K | -27.45% |
| 2004-09-30 | $92.78K | -18.78% |
| 2003-09-30 | $114.23K | -49.71% |
| 2002-09-30 | $227.15K | -48.26% |
| 2001-09-30 | $439.06K | -26.28% |
| 2000-09-30 | $595.61K | -0.81% |
| 1999-09-30 | $600.45K | -14.32% |
| 1998-09-30 | $700.78K | -13.95% |
| 1997-09-30 | $814.41K | -49.20% |
| 1996-09-30 | $1.60 Million | -- |