Solaer Israel Ltd
Solaer Renewable Energies Ltd engages in the ground-based photovoltaic business in Israel, Spain, Italy, Poland, and Chile. It also develops water desalination, wind power, and energy storage. The company was founded in 2008 and is based in Rehovot, Israel.
Solaer Israel Ltd (SOLR) - Total Assets
Latest total assets as of September 2025: ILA1.77 Billion ILA
Based on the latest financial reports, Solaer Israel Ltd (SOLR) holds total assets worth ILA1.77 Billion ILA as of September 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.
Solaer Israel Ltd - Total Assets Trend (2018–2024)
This chart illustrates how Solaer Israel Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Solaer Israel Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Solaer Israel Ltd's total assets of ILA1.77 Billion consist of 25.3% current assets and 74.7% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 4.1% |
| Accounts Receivable | ILA59.45 Million | 3.9% |
| Inventory | ILA0.00 | 0.0% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA8.82 Million | 0.6% |
| Goodwill | ILA1.16 Million | 0.1% |
Asset Composition Trend (2018–2024)
This chart illustrates how Solaer Israel 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: Solaer Israel Ltd's current assets represent 25.3% of total assets in 2024, an increase from 13.0% in 2018.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2024, down from 5.3% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 3.9% of total assets.
Solaer Israel Ltd Competitors by Total Assets
Key competitors of Solaer Israel 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 |
Solaer Israel 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 - Solaer Israel Ltd generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Solaer Israel Ltd is currently not profitable relative to its asset base.
Solaer Israel 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 | 1.21 | 1.93 | 1.18 |
| Quick Ratio | 1.21 | 1.93 | 1.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA135.44 Million | ILA 171.16 Million | ILA 9.84 Million |
Solaer Israel Ltd - Advanced Valuation Insights
This section examines the relationship between Solaer Israel 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 | 5.61 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.7% |
| Total Assets | ILA1.52 Billion |
| Market Capitalization | $3.59 Million USD |
Valuation Analysis
Below Book Valuation: The market values Solaer Israel Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Solaer Israel Ltd's assets grew by 19.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Solaer Israel Ltd (2018–2024)
The table below shows the annual total assets of Solaer Israel Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.52 Billion | +19.71% |
| 2023-12-31 | ILA1.27 Billion | +23.14% |
| 2022-12-31 | ILA1.03 Billion | +32.44% |
| 2021-12-31 | ILA780.99 Million | +68.91% |
| 2020-12-31 | ILA462.38 Million | +477.52% |
| 2019-12-31 | ILA80.06 Million | +98.84% |
| 2018-12-31 | ILA40.27 Million | -- |