SolarBank Financial Statements From 2010 to 2026

SUUN Stock   1.07  0.00  0.00%   
SolarBank Common's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing SolarBank Common's valuation are provided below:
Gross Profit
12 M
Profit Margin
(0.23)
Market Capitalization
50.6 M
Enterprise Value Revenue
3.0912
Revenue
44.6 M
We have found one hundred twenty available fundamental trend indicators for SolarBank Common, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check SolarBank Common's current fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 17th of February 2026, Market Cap is likely to grow to about 115.1 M. Also, Enterprise Value is likely to grow to about 126.7 M

SolarBank Common Total Revenue

37.11 Million

Check SolarBank Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SolarBank Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Selling General Administrative of 7.1 M or Selling And Marketing Expenses of 1.2 M, as well as many indicators such as Price To Sales Ratio of 1.75, Dividend Yield of 0.0 or PTB Ratio of 3.78. SolarBank financial statements analysis is a perfect complement when working with SolarBank Common Valuation or Volatility modules.
  
Build AI portfolio with SolarBank Stock
Check out the analysis of SolarBank Common Correlation against competitors.
To learn how to invest in SolarBank Stock, please use our How to Invest in SolarBank Common guide.

SolarBank Common Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets145.3 M138.4 M30 M
Slightly volatile
Short and Long Term Debt Total79.1 M75.4 M11.8 M
Slightly volatile
Other Current Liabilities13.7 M13.1 M2.3 M
Slightly volatile
Total Current Liabilities45.3 M43.1 M10.4 M
Slightly volatile
Total Stockholder Equity14.2 M19.2 MM
Slightly volatile
Property Plant And Equipment Net78.5 M74.7 M9.6 M
Slightly volatile
Net Debt71.1 M67.8 M9.2 M
Slightly volatile
Accounts Payable15.9 M15.1 M4.2 M
Slightly volatile
Cash3.9 M7.6 M2.3 M
Slightly volatile
Non Current Assets Total101.9 M97 M14.4 M
Slightly volatile
Cash And Short Term Investments5.4 M8.7 M2.9 M
Slightly volatile
Net Receivables5.7 M9.2 M5.5 M
Very volatile
Common Stock Shares Outstanding28.6 M32.2 M20.3 M
Slightly volatile
Liabilities And Stockholders Equity145.3 M138.4 M30 M
Slightly volatile
Non Current Liabilities Total79.3 M75.5 M10.8 M
Slightly volatile
Inventory9.5 MM2.3 M
Slightly volatile
Other Current Assets15.1 M14.4 M4.3 M
Slightly volatile
Total Liabilities124.5 M118.6 M21.3 M
Slightly volatile
Total Current Assets21.6 M41.3 M14.2 M
Slightly volatile
Short Term Debt15.6 M14.9 M3.1 M
Slightly volatile
Common Stock47.5 M45.3 M6.9 M
Slightly volatile
Current Deferred Revenue5.6 M5.3 M1.3 M
Slightly volatile
Long Term Debt5.3 MMM
Slightly volatile
Capital Lease Obligations1.4 M1.3 M445.9 K
Slightly volatile
Net Invested Capital16.9 M25.9 M10.7 M
Slightly volatile
Property Plant And Equipment GrossM5.7 M1.6 M
Slightly volatile
Short and Long Term Debt2.1 MM938.7 K
Slightly volatile
Capital Stock5.8 M10.4 M2.4 M
Slightly volatile
Net Working Capital6.6 M3.8 MM
Very volatile
Other Stockholder Equity2.4 MMM
Very volatile
Intangible Assets10.2 M14 M3.6 M
Slightly volatile
Non Current Liabilities Other293.1 K329.7 K359.9 K
Slightly volatile
Non Currrent Assets Other3.3 M5.5 MM
Slightly volatile

SolarBank Common Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization4.5 M4.3 M573.5 K
Slightly volatile
Selling General Administrative7.1 M13.1 M2.8 M
Slightly volatile
Selling And Marketing Expenses1.2 M1.1 M636.7 K
Slightly volatile
Total Revenue37.1 M41.5 M18.4 M
Slightly volatile
Gross ProfitMM4.5 M
Slightly volatile
Other Operating Expenses34.8 M50 M19.2 M
Slightly volatile
Cost Of Revenue29.1 M32.5 M13.9 M
Slightly volatile
Total Operating Expenses19.2 M17.4 M8.8 M
Slightly volatile
Interest Expense2.5 M2.4 M436.4 K
Slightly volatile
Reconciled Depreciation495.1 K471.5 K126.2 K
Slightly volatile
Interest Income247.2 K369.1 K172.2 K
Slightly volatile

SolarBank Common Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow5.5 M5.3 MM
Slightly volatile
Depreciation5.3 M5.1 M669.7 K
Slightly volatile
Other Non Cash Items22.9 M21.8 M3.4 M
Slightly volatile
Capital Expenditures4.6 M8.3 M1.7 M
Slightly volatile
End Period Cash Flow3.9 M7.6 M2.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.751.848.8705
Slightly volatile
PTB Ratio3.783.9816.2682
Slightly volatile
Days Sales Outstanding14092.95216
Slightly volatile
Book Value Per Share0.390.550.3945
Slightly volatile
Average Payables2.6 M2.6 M2.4 M
Pretty Stable
Stock Based Compensation To Revenue0.08360.0610.135
Slightly volatile
Capex To Depreciation1.391.472.9623
Slightly volatile
PB Ratio3.783.9816.2682
Slightly volatile
EV To Sales3.533.729.2901
Slightly volatile
Inventory Turnover3.954.1512.3662
Pretty Stable
Days Of Inventory On Hand95.4890.9349.9298
Slightly volatile
Payables Turnover1.841.933.3268
Slightly volatile
Sales General And Administrative To Revenue0.160.280.1088
Slightly volatile
Average Inventory3.3 M3.1 MM
Slightly volatile
Capex To Revenue0.190.180.0452
Slightly volatile
Cash Per Share0.140.240.1385
Slightly volatile
Days Payables Outstanding109196172
Slightly volatile
Intangibles To Total Assets0.120.110.0716
Slightly volatile
Current Ratio1.051.12.003
Slightly volatile
Tangible Book Value Per Share0.10.110.2937
Slightly volatile
Receivables Turnover7.774.064.3202
Slightly volatile
Shareholders Equity Per Share0.370.540.3884
Slightly volatile
Debt To Equity3.73.531.0843
Slightly volatile
Capex Per Share0.240.230.0622
Slightly volatile
Average Receivables4.3 M4.9 M4.3 M
Slightly volatile
Revenue Per Share0.861.160.7625
Slightly volatile
Interest Debt Per Share2.282.170.5527
Slightly volatile
Debt To Assets0.510.490.2785
Slightly volatile
Graham Number0.660.970.6813
Slightly volatile
Operating Cycle188209265
Slightly volatile
Price Book Value Ratio3.783.9816.2682
Slightly volatile
Days Of Payables Outstanding109196172
Slightly volatile
Company Equity Multiplier6.796.473.0481
Slightly volatile
Long Term Debt To Capitalization0.70.660.2717
Slightly volatile
Total Debt To Capitalization0.750.720.4097
Slightly volatile
Debt Equity Ratio3.73.531.0843
Slightly volatile
Quick Ratio0.820.861.846
Slightly volatile
Net Income Per E B T1.440.791.3805
Pretty Stable
Cash Ratio0.280.20.2758
Slightly volatile
Days Of Inventory Outstanding95.4890.9349.9298
Slightly volatile
Days Of Sales Outstanding14092.95216
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.41.330.9869
Very volatile
Price To Book Ratio3.783.9816.2682
Slightly volatile
Fixed Asset Turnover0.610.64174
Slightly volatile
Debt Ratio0.510.490.2785
Slightly volatile
Price Sales Ratio1.751.848.8705
Slightly volatile
Asset Turnover0.330.350.7684
Very volatile
Gross Profit Margin0.280.250.306
Slightly volatile
Price Fair Value3.783.9816.2682
Slightly volatile

SolarBank Common Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap115.1 M59.9 M100.9 M
Slightly volatile
Enterprise Value126.7 M120.9 M110.1 M
Slightly volatile

SolarBank Fundamental Market Drivers

Forward Price Earnings22.6244
Cash And Short Term Investments8.7 M

About SolarBank Common Financial Statements

SolarBank Common investors utilize fundamental indicators, such as revenue or net income, to predict how SolarBank Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue5.3 M5.6 M
Total Revenue41.5 M37.1 M
Cost Of Revenue32.5 M29.1 M
Stock Based Compensation To Revenue 0.06  0.08 
Sales General And Administrative To Revenue 0.28  0.16 
Capex To Revenue 0.18  0.19 
Revenue Per Share 1.16  0.86 
Ebit Per Revenue(0.23)(0.22)

Pair Trading with SolarBank Common

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SolarBank Common position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SolarBank Common will appreciate offsetting losses from the drop in the long position's value.

Moving against SolarBank Stock

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The ability to find closely correlated positions to SolarBank Common could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SolarBank Common when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SolarBank Common - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SolarBank Common to buy it.
The correlation of SolarBank Common is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SolarBank Common moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SolarBank Common moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SolarBank Common can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether SolarBank Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SolarBank Common'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 Solarbank Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solarbank Common Stock:
Check out the analysis of SolarBank Common Correlation against competitors.
To learn how to invest in SolarBank Stock, please use our How to Invest in SolarBank Common guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Will Construction & Engineering sector continue expanding? Could SolarBank diversify its offerings? Factors like these will boost the valuation of SolarBank Common. If investors know SolarBank will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every SolarBank Common data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.04)
Earnings Share
(0.06)
Revenue Per Share
1.259
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.05)
SolarBank Common's market price often diverges from its book value, the accounting figure shown on SolarBank's balance sheet. Smart investors calculate SolarBank Common's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since SolarBank Common's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between SolarBank Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarBank Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarBank Common'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.