SolarBank Financial Statements From 2010 to 2025

SUUN Stock   2.00  0.08  4.17%   
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
13.5 M
Profit Margin
(0.08)
Market Capitalization
73.3 M
Enterprise Value Revenue
3.6562
Revenue
45.6 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 2025 to make sure the company can sustain itself down the road. As of the 25th of December 2025, Market Cap is likely to grow to about 96.2 M, while Enterprise Value is likely to drop about 107.8 M.

SolarBank Common Total Revenue

35.39 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 495 K, Selling General Administrative of 5.6 M or Selling And Marketing Expenses of 4.9 M, as well as many indicators such as Price To Sales Ratio of 1.51, Dividend Yield of 0.0 or PTB Ratio of 3.27. SolarBank financial statements analysis is a perfect complement when working with SolarBank Common Valuation or Volatility modules.
  
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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 Assets27 M45.1 M16.2 M
Slightly volatile
Short and Long Term Debt Total8.8 M8.4 M3.5 M
Slightly volatile
Other Current Liabilities1.6 M1.9 M838.8 K
Slightly volatile
Total Current Liabilities9.2 M15.4 M6.3 M
Slightly volatile
Total Stockholder Equity12.8 M18.8 M7.4 M
Slightly volatile
Property Plant And Equipment Net5.5 M5.2 M1.1 M
Slightly volatile
Net Debt1.2 MM1.1 M
Very volatile
Retained Earnings3.5 M2.9 M4.5 M
Slightly volatile
Accounts Payable2.7 M3.4 M2.7 M
Pretty Stable
Cash6.4 M6.1 M2.2 M
Slightly volatile
Non Current Assets Total26.1 M24.8 M4.7 M
Slightly volatile
Cash And Short Term Investments4.4 M7.1 M2.6 M
Slightly volatile
Net Receivables3.5 M1.8 M5.1 M
Slightly volatile
Common Stock Shares Outstanding27.2 M27 M19.4 M
Slightly volatile
Liabilities And Stockholders Equity23 M45.1 M15.9 M
Slightly volatile
Non Current Liabilities Total8.6 M8.2 M2.4 M
Slightly volatile
Inventory7.9 M7.5 M1.8 M
Slightly volatile
Other Current Assets2.9 M2.8 M2.9 M
Slightly volatile
Total Liabilities13.2 M23.6 M8.4 M
Slightly volatile
Total Current Assets16.8 M20.3 M12.4 M
Slightly volatile
Short Term Debt1.2 M2.2 M1.4 M
Pretty Stable
Common Stock10.9 M10.4 M2.3 M
Slightly volatile
Current Deferred Revenue5.6 M5.3 MM
Slightly volatile
Long Term Debt5.3 MM1.9 M
Slightly volatile
Capital Lease Obligations1.4 M1.3 M402.4 K
Slightly volatile
Net Invested Capital16.9 M25.9 M10 M
Slightly volatile
Property Plant And Equipment GrossM5.7 M1.4 M
Slightly volatile
Short and Long Term Debt2.1 MM887.5 K
Slightly volatile
Capital Stock5.8 M10.4 MM
Slightly volatile
Net Working Capital6.6 M3.8 M6.1 M
Pretty Stable
Other Stockholder Equity3.9 M4.7 M3.2 M
Slightly volatile
Intangible Assets8.4 M12.5 M2.9 M
Slightly volatile
Non Current Liabilities Other293.1 K329.7 K359.5 K
Slightly volatile
Non Currrent Assets Other443.5 K498.9 K544 K
Slightly volatile

SolarBank Common Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization495 K471.4 K98.6 K
Slightly volatile
Selling General Administrative5.6 M6.6 M2.1 M
Slightly volatile
Selling And Marketing Expenses4.9 M4.7 M878.3 K
Slightly volatile
Total Revenue35.4 M58.4 M16.9 M
Slightly volatile
Gross Profit7.7 M11.7 M4.2 M
Slightly volatile
Other Operating Expenses70.9 M67.5 M20 M
Slightly volatile
Cost Of Revenue27.7 M46.7 M12.6 M
Slightly volatile
Total Operating Expenses19.3 M12 M8.3 M
Slightly volatile
Income Tax Expense3.6 M3.4 M770.8 K
Slightly volatile
Interest Expense232.6 K284.8 K171.2 K
Slightly volatile
Reconciled Depreciation495.1 K471.5 K108.4 K
Slightly volatile
Interest Income247.2 K369.1 K162.9 K
Slightly volatile

SolarBank Common Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow885.2 K749.4 K1.5 M
Slightly volatile
Depreciation430.5 K410 K89.2 K
Slightly volatile
Other Non Cash Items3.9 M3.7 MM
Slightly volatile
Capital Expenditures8.1 M7.7 M1.5 M
Slightly volatile
End Period Cash FlowM5.3 M1.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.511.5939.1764
Slightly volatile
PTB Ratio3.273.438315.8498
Slightly volatile
Days Sales Outstanding14880.8289226
Slightly volatile
Book Value Per Share0.440.61750.4094
Slightly volatile
Average Payables2.6 M2.6 M2.4 M
Slightly volatile
Stock Based Compensation To Revenue0.08360.0530.1396
Slightly volatile
Capex To Depreciation1.551.62923.0656
Slightly volatile
PB Ratio3.273.438315.8498
Slightly volatile
EV To Sales3.063.22439.4936
Slightly volatile
Inventory Turnover3.433.612611.0385
Pretty Stable
Days Of Inventory On Hand10610148.2519
Slightly volatile
Payables Turnover2.042.14663.2449
Slightly volatile
Sales General And Administrative To Revenue0.170.31480.0903
Slightly volatile
Average Inventory3.3 M3.1 M882.4 K
Slightly volatile
Capex To Revenue0.210.19880.038
Slightly volatile
Cash Per Share0.170.27280.1418
Slightly volatile
Days Payables Outstanding117170173
Slightly volatile
Intangibles To Total Assets0.120.12150.0692
Slightly volatile
Current Ratio0.910.95852.0507
Slightly volatile
Tangible Book Value Per Share0.08780.09240.3248
Pretty Stable
Receivables Turnover7.184.51574.067
Slightly volatile
Shareholders Equity Per Share0.420.60130.4034
Slightly volatile
Debt To Equity4.113.91740.9571
Slightly volatile
Capex Per Share0.270.2580.0547
Slightly volatile
Average Receivables4.3 M4.9 M4.3 M
Slightly volatile
Revenue Per Share0.91.29780.7534
Slightly volatile
Interest Debt Per Share2.552.43040.474
Slightly volatile
Debt To Assets0.570.54480.269
Slightly volatile
Graham Number1.181.321.4416
Slightly volatile
Operating Cycle196182271
Slightly volatile
Price Book Value Ratio3.273.438315.8498
Slightly volatile
Days Of Payables Outstanding117170173
Slightly volatile
Company Equity Multiplier7.557.19042.8817
Slightly volatile
Long Term Debt To Capitalization0.770.73650.2518
Slightly volatile
Total Debt To Capitalization0.840.79660.3959
Slightly volatile
Debt Equity Ratio4.113.91740.9571
Slightly volatile
Quick Ratio0.710.74971.9008
Slightly volatile
Net Income Per E B T1.420.87841.4106
Pretty Stable
Cash Ratio0.280.17680.2805
Slightly volatile
Cash Conversion Cycle11.2411.829593.6138
Slightly volatile
Days Of Inventory Outstanding10610148.2519
Slightly volatile
Days Of Sales Outstanding14880.8289226
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.551.47830.9748
Very volatile
Price To Book Ratio3.273.438315.8498
Slightly volatile
Fixed Asset Turnover0.530.5558182
Slightly volatile
Debt Ratio0.570.54480.269
Slightly volatile
Price Sales Ratio1.511.5939.1764
Slightly volatile
Asset Turnover0.290.30020.7364
Very volatile
Gross Profit Margin0.260.2170.3051
Slightly volatile
Price Fair Value3.273.438315.8498
Slightly volatile

SolarBank Common Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap96.2 M66.2 M94.9 M
Slightly volatile
Enterprise Value107.8 M133.9 M100.8 M
Slightly volatile

SolarBank Fundamental Market Drivers

Forward Price Earnings55.8659
Cash And Short Term Investments6.2 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 Revenue58.4 M35.4 M
Cost Of Revenue46.7 M27.7 M
Stock Based Compensation To Revenue 0.05  0.08 
Sales General And Administrative To Revenue 0.31  0.17 
Capex To Revenue 0.20  0.21 
Revenue Per Share 1.30  0.90 
Ebit Per Revenue(0.20)(0.19)

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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Construction & Engineering 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 SolarBank Common. If investors know SolarBank 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 SolarBank Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Earnings Share
(0.06)
Revenue Per Share
1.358
Quarterly Revenue Growth
0.272
Return On Assets
(0.02)
The market value of SolarBank Common is measured differently than its book value, which is the value of SolarBank that is recorded on the company's balance sheet. Investors also form their own opinion of SolarBank Common's value that differs from its market value or its book value, called intrinsic value, which is SolarBank Common'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 SolarBank Common's market value can be influenced by many factors that don't directly affect SolarBank Common'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 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.