Sunnova Historical Income Statement
| NOVA Stock | USD 5.38 0.16 2.89% |
Historical analysis of Sunnova Energy income statement accounts such as Selling General Administrative of 451.9 M can show how well Sunnova Energy International performed in making a profits. Evaluating Sunnova Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sunnova Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sunnova Energy Inter latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sunnova Energy Inter is a good buy for the upcoming year.
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About Sunnova Income Statement Analysis
Sunnova Energy Inter Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sunnova Energy shareholders. The income statement also shows Sunnova investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Sunnova Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Sunnova Energy Inter generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sunnova Energy Inter. It is also known as Sunnova Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Sunnova Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sunnova Energy Inter current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At present, Sunnova Energy's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 390.5 M, whereas Tax Provision is projected to grow to (971.9 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 107.0M | 136.6M | 186.7M | 96.6M | Interest Income | 34.2M | 59.8M | 115.9M | 121.7M |
Sunnova Energy income statement Correlations
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Sunnova Energy Account Relationship Matchups
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Sunnova Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Interest Income | (99.6M) | (130.8M) | (82.0M) | (48.0M) | (256.1M) | (243.3M) | |
| Interest Income | 12.5M | 23.7M | 34.2M | 59.8M | 115.9M | 121.7M | |
| Depreciation And Amortization | 49.3M | 66.1M | 107.0M | 136.6M | 186.7M | 96.6M | |
| Interest Expense | 112.1M | 154.6M | 116.2M | 107.8M | 371.9M | 390.5M | |
| Selling General Administrative | 98.0M | 115.1M | 204.2M | 302.0M | 430.4M | 451.9M | |
| Total Revenue | 131.6M | 160.8M | 241.8M | 557.7M | 720.7M | 756.7M | |
| Gross Profit | 84.1M | 95.6M | 143.4M | 230.6M | 293.2M | 151.5M | |
| Other Operating Expenses | 153.8M | 196.6M | 296.6M | 639.2M | 964.1M | 1.0B | |
| Operating Income | (10.7M) | (35.8M) | (54.9M) | (81.5M) | (243.4M) | (231.3M) | |
| Net Income From Continuing Ops | (133.4M) | (307.8M) | (147.5M) | (130.3M) | (502.4M) | (477.3M) | |
| Ebit | (10.7M) | (153.1M) | (31.0M) | (18.6M) | (142.2M) | (135.1M) | |
| Ebitda | 38.7M | (87.0M) | 76.0M | 118.0M | 44.5M | 37.4M | |
| Cost Of Revenue | 47.4M | 65.2M | 98.3M | 327.1M | 427.5M | 448.9M | |
| Total Operating Expenses | 106.4M | 131.4M | 198.3M | 312.1M | 536.6M | 563.4M | |
| Reconciled Depreciation | 49.3M | 66.1M | 107.0M | 136.6M | 181.8M | 95.8M | |
| Income Before Tax | (133.4M) | (307.6M) | (147.3M) | (126.4M) | (503.4M) | (478.3M) | |
| Total Other Income Expense Net | (122.8M) | (271.9M) | (92.4M) | (44.9M) | (260.0M) | (247.0M) | |
| Net Income Applicable To Common Shares | (169.1M) | (252.3M) | (138.1M) | (161.6M) | (145.5M) | (152.8M) | |
| Net Income | (255.6M) | (252.3M) | (138.1M) | (161.6M) | (418.0M) | (397.1M) | |
| Income Tax Expense | 122.2M | 181K | 260K | 3.9M | (1.0M) | (971.9K) | |
| Minority Interest | 172.3M | 329.0M | 9.4M | (31.4M) | 84.5M | 78.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sunnova Energy Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunnova Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunnova Energy International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunnova Energy International Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunnova Energy. If investors know Sunnova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.38) | Revenue Per Share 6.552 | Quarterly Revenue Growth 0.186 | Return On Assets (0.01) | Return On Equity (0.23) |
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.