Solar Historical Balance Sheet
SOLR Stock | CAD 0.04 0.01 16.67% |
Trend analysis of Solar Alliance Energy balance sheet accounts such as Cash of 835.6 K, Cash And Short Term Investments of 839.1 K, Net Receivables of 387.3 K or Common Stock Shares Outstanding of 332 M provides information on Solar Alliance's total assets, liabilities, and equity, which is the actual value of Solar Alliance Energy to its prevalent stockholders. By breaking down trends over time using Solar Alliance balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Solar Alliance Energy 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 Solar Alliance Energy is a good buy for the upcoming year.
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About Solar Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Solar Alliance Energy at a specified time, usually calculated after every quarter, six months, or one year. Solar Alliance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Solar Alliance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Solar currently owns. An asset can also be divided into two categories, current and non-current.
Solar Alliance Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Solar Alliance assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Solar Alliance Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Solar Alliance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Solar Alliance Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Solar Alliance obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Solar Alliance Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Solar Alliance Energy balance sheet. This account contains Solar Alliance investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Solar Alliance Energy fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from Solar Alliance's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Solar Alliance Energy current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Solar Alliance Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Solar Alliance's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Other Assets is likely to climb to about 25.4 K in 2024, whereas Total Stockholder Equity is likely to drop (2.4 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 2.0M | 4.8M | 4.0M | 6.1M | Total Assets | 3.1M | 3.7M | 1.8M | 1.7M |
Solar Alliance balance sheet Correlations
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Solar Alliance Account Relationship Matchups
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Solar Alliance balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3M | 581.3K | 3.1M | 3.7M | 1.8M | 1.7M | |
Total Current Liabilities | 6.5M | 6.0M | 2.0M | 4.8M | 4.0M | 6.1M | |
Total Stockholder Equity | (5.3M) | (5.8M) | 904.3K | (1.4M) | (2.3M) | (2.4M) | |
Net Debt | 761.8K | 909.9K | (2.2M) | 906.9K | 816.2K | 775.4K | |
Retained Earnings | (62.4M) | (63.9M) | (64.3M) | (67.1M) | (68.9M) | (72.3M) | |
Accounts Payable | 5.1M | 4.9M | 1.9M | 2.7M | 3.6M | 4.0M | |
Cash | 45.6K | 1.9K | 2.2M | 650.1K | 703.0K | 835.6K | |
Cash And Short Term Investments | 45.6K | 1.9K | 2.2M | 650.1K | 747.6K | 839.1K | |
Net Receivables | 781.6K | 383.2K | 596.0K | 372.9K | 730.2K | 387.3K | |
Common Stock Shares Outstanding | 198.8M | 223.8M | 269.8M | 275.0M | 316.2M | 332.0M | |
Liabilities And Stockholders Equity | 1.3M | 581.3K | 3.1M | 3.7M | 3.3M | 4.1M | |
Other Stockholder Equity | 39.5M | 128.2K | 13.8M | 14.4M | 16.5M | 15.7M | |
Total Liab | 6.6M | 6.3M | 2.2M | 5.1M | 4.1M | 6.7M | |
Total Current Assets | 1.3M | 542.0K | 2.8M | 1.7M | 1.7M | 1.7M | |
Short Long Term Debt Total | 3.0M | 807.4K | 911.8K | 1.6M | 1.4M | 1.3M | |
Property Plant And Equipment Net | 65.5K | 14.3K | 90.3K | 2.0M | 80.9K | 76.9K | |
Non Current Assets Total | 90.7K | 39.3K | 223.1K | 2.0M | 123.6K | 117.4K | |
Non Currrent Assets Other | 25.2K | 25.0K | 59.1K | 60.1K | 54.1K | 51.4K | |
Inventory | 426.8K | 152.3K | 58.3K | 170.3K | 102.2K | 185.1K | |
Other Current Assets | 3.7K | 4.6K | 9.0K | 492.0K | 442.8K | 410.3K | |
Accumulated Other Comprehensive Income | 13.8M | 14.4M | 16.6M | 17.0M | 19.6M | 20.6M | |
Short Term Debt | 3.0M | 797.7K | 911.8K | 1.6M | 1.4M | 1.3M | |
Non Current Liabilities Total | 111.5K | 332.1K | 161.8K | 348.2K | 115.7K | 109.9K | |
Net Tangible Assets | (4.8M) | (7.4M) | (5.3M) | (5.8M) | (5.2M) | (5.4M) | |
Current Deferred Revenue | 531.5K | 174.3K | 46.4K | 399.1K | 458.9K | 275.4K | |
Other Assets | 30.6K | 25.5K | 25.2K | 25.0K | 22.5K | 25.4K | |
Property Plant Equipment | 63.1K | 59.6K | 65.5K | 14.3K | 12.8K | 12.2K | |
Short Long Term Debt | 3.0M | 758.9K | 901.6K | 1.6M | 137.5K | 130.6K | |
Net Invested Capital | (4.5M) | (4.8M) | 904.3K | 117.8K | (2.2M) | (2.3M) | |
Net Working Capital | (5.3M) | (5.5M) | 843.0K | (3.1M) | (2.3M) | (2.4M) |
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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.