Solar Financial Statements From 2010 to 2025
| SOLR Stock | CAD 0.02 0.00 0.00% |
Check Solar Alliance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solar Alliance's main balance sheet or income statement drivers, such as , as well as many indicators such as . Solar financial statements analysis is a perfect complement when working with Solar Alliance Valuation or Volatility modules.
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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.
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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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 . 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.About Solar Alliance Financial Statements
Solar Alliance investors use historical fundamental indicators, such as Solar Alliance's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Solar Alliance. Please read more on our technical analysis and fundamental analysis pages.
Solar Alliance Energy Inc. provides energy solutions in Canada, the United States, and Ireland. Solar Alliance Energy Inc. was founded in 2003 and is based in White Rock, Canada. SOLAR ALLIANCE operates under Solar classification in Canada and is traded on TSX Venture Exchange.
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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.