Sunnova Cash from 2010 to 2024

NOVA Stock  USD 5.34  0.44  8.98%   
Sunnova Energy's Cash is increasing over the years with slightly volatile fluctuation. Cash is expected to dwindle to about 191.5 M. Cash is the total amount of money in the form of currency that Sunnova Energy International has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2018-12-31
Previous Quarter
341.7 M
Current Value
208.9 M
Quarterly Volatility
128.9 M
 
Covid
Check Sunnova Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sunnova Energy's main balance sheet or income statement drivers, such as Interest Income of 121.7 M, Depreciation And Amortization of 95.8 M or Interest Expense of 390.5 M, as well as many indicators such as Price To Sales Ratio of 2.38, Dividend Yield of 0.0 or PTB Ratio of 2.3. Sunnova financial statements analysis is a perfect complement when working with Sunnova Energy Valuation or Volatility modules.
  
Check out the analysis of Sunnova Energy Correlation against competitors.

Latest Sunnova Energy's Cash Growth Pattern

Below is the plot of the Cash of Sunnova Energy International over the last few years. Cash refers to the most liquid asset of Sunnova Energy Inter, which is listed under current asset account on Sunnova Energy International balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sunnova Energy customers. The amounts must be unrestricted with restricted cash listed in a different Sunnova Energy account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Sunnova Energy's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sunnova Energy's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Sunnova Cash Regression Statistics

Arithmetic Mean120,284,779
Geometric Mean92,941,581
Coefficient Of Variation81.03
Mean Deviation82,148,372
Median56,318,000
Standard Deviation97,462,073
Sample Variance9498.9T
Range307.6M
R-Value0.76
Mean Square Error4254.9T
R-Squared0.58
Significance0.0009
Slope16,655,156
Total Sum of Squares132984T

Sunnova Cash History

2024191.5 M
2023212.8 M
2022360.3 M
2021243.1 M
2020209.9 M
201983.5 M
201852.7 M

Other Fundumenentals of Sunnova Energy Inter

Sunnova Energy Cash component correlations

About Sunnova Energy Financial Statements

Sunnova Energy stakeholders use historical fundamental indicators, such as Sunnova Energy's Cash, to determine how well the company is positioned to perform in the future. Although Sunnova Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sunnova Energy's assets and liabilities are reflected in the revenues and expenses on Sunnova Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sunnova Energy International. Please read more on our technical analysis and fundamental analysis pages.

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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 the analysis of Sunnova Energy Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.