SOLR Stock | | | CAD 0.03 0.01 25.00% |
Insider
Ken Kukes is Sr Energy of Solar Alliance Energy
Address | 82 Richmond Street East, Toronto, ON, Canada, M5C 1P1 |
Phone | 416 848 7744 |
Web | https://www.solaralliance.com |
Solar Alliance Management Efficiency
The company has return on total asset
(ROA) of
(0.2492) % which means that it has lost $0.2492 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(6.8383) %, meaning that it generated substantial loss on money invested by shareholders. Solar Alliance's management efficiency ratios could be used to measure how well Solar Alliance manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to climb to -0.95 in 2024.
Return On Capital Employed is likely to drop to 0.85 in 2024. At this time, Solar Alliance's
Total Current Assets are fairly stable compared to the past year.
Other Assets is likely to climb to about 25.4
K in 2024, whereas
Non Current Assets Total are likely to drop slightly above 117.4
K in 2024.
Solar Alliance Energy has accumulated 137.5
K in total debt. Solar Alliance Energy has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Solar Alliance until it has trouble settling it off, either with new capital or with free cash flow. So, Solar Alliance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Solar Alliance Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solar to invest in growth at high rates of return. When we think about Solar Alliance's use of debt, we should always consider it together with cash and equity.
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. Solar Alliance Energy (SOLR) is traded on TSX Venture Exchange in Canada and employs 8 people. Solar Alliance is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification.
Management Performance
Solar Alliance Energy Leadership Team
Elected by the shareholders, the Solar Alliance's board of directors comprises two types of representatives: Solar Alliance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Solar. The board's role is to monitor Solar Alliance's management team and ensure that shareholders' interests are well served. Solar Alliance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Solar Alliance's outside directors are responsible for providing unbiased perspectives on the board's policies.
Solar Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Solar Alliance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Solar Stock Analysis
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