Solar Alliance Energy Stock Fundamentals
| SOLR Stock | CAD 0.04 0.01 16.67% |
Solar Alliance Energy fundamentals help investors to digest information that contributes to Solar Alliance's financial success or failures. It also enables traders to predict the movement of Solar Stock. The fundamental analysis module provides a way to measure Solar Alliance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Solar Alliance stock.
At this time, Solar Alliance's Total Operating Expenses is fairly stable compared to the past year. Selling And Marketing Expenses is likely to climb to about 224 K in 2024, whereas Operating Income is likely to drop (2.1 M) in 2024. Solar | Select Account or Indicator |
Solar Alliance Energy Company Return On Equity Analysis
Solar Alliance's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Solar Alliance Return On Equity | -6.84 |
Most of Solar Alliance's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Solar Alliance Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Solar Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Solar Alliance is extremely important. It helps to project a fair market value of Solar Stock properly, considering its historical fundamentals such as Return On Equity. Since Solar Alliance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Solar Alliance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Solar Alliance's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Solar Total Stockholder Equity
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Based on the latest financial disclosure, Solar Alliance Energy has a Return On Equity of -6.8383. This is 43.16% lower than that of the Semiconductors & Semiconductor Equipment sector and 88.4% lower than that of the Information Technology industry. The return on equity for all Canada stocks is notably higher than that of the company.
Solar Alliance Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Solar Alliance's current stock value. Our valuation model uses many indicators to compare Solar Alliance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solar Alliance competition to find correlations between indicators driving Solar Alliance's intrinsic value. More Info.Solar Alliance Energy is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Solar Alliance's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Solar Alliance's earnings, one of the primary drivers of an investment's value.Solar Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solar Alliance's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Solar Alliance could also be used in its relative valuation, which is a method of valuing Solar Alliance by comparing valuation metrics of similar companies.Solar Alliance is currently under evaluation in return on equity category among its peers.
Solar Fundamentals
| Return On Equity | -6.84 | ||||
| Return On Asset | -0.25 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.70) % | ||||
| Current Valuation | 10.37 M | ||||
| Shares Outstanding | 294.19 M | ||||
| Shares Owned By Insiders | 42.24 % | ||||
| Number Of Shares Shorted | 1.21 K | ||||
| Price To Book | 93.97 X | ||||
| Price To Sales | 1.39 X | ||||
| Revenue | 7.47 M | ||||
| Gross Profit | 663.58 K | ||||
| EBITDA | (762.93 K) | ||||
| Net Income | (1.81 M) | ||||
| Cash And Equivalents | 403.2 K | ||||
| Total Debt | 137.5 K | ||||
| Current Ratio | 0.19 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | 97.33 K | ||||
| Short Ratio | 0.58 X | ||||
| Target Price | 1.15 | ||||
| Beta | 1.32 | ||||
| Market Capitalization | 10.3 M | ||||
| Total Asset | 1.8 M | ||||
| Retained Earnings | (68.87 M) | ||||
| Working Capital | (2.31 M) | ||||
| Net Asset | 1.8 M |
About Solar Alliance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Solar Alliance Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solar Alliance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solar Alliance Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 458.9 K | 275.4 K | |
| Total Revenue | 7.5 M | 4.4 M | |
| Cost Of Revenue | 6.4 M | 3.6 M | |
| Stock Based Compensation To Revenue | 0.04 | 0.04 | |
| Sales General And Administrative To Revenue | 0.37 | 0.35 | |
| Revenue Per Share | 0.03 | 0.04 | |
| Ebit Per Revenue | (0.26) | (0.28) |
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Additional Tools for Solar Stock Analysis
When running Solar Alliance's price analysis, check to measure Solar Alliance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solar Alliance is operating at the current time. Most of Solar Alliance's value examination focuses on studying past and present price action to predict the probability of Solar Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solar Alliance's price. Additionally, you may evaluate how the addition of Solar Alliance to your portfolios can decrease your overall portfolio volatility.